IZEA Completes Sale of $35 Million Through Its ATM Offering – IZEA

Orlando, Florida (April 15, 2021) – IZEA Worldwide, Inc. (NASDAQ: IZEA), the premier provider of influencer marketing technology, data, and services for the world’s leading brands, announced today that it has completed sales of approximately $35 million of its common shares pursuant to the Company’s At-The-Market (ATM) Offering established on January 25, 2021 (the “ATM Sales”), through National Securities Corporation (“National”), acting as sales agent.

In the ATM Sales, an aggregate of 7,028,132 common shares have been issued to investors at an average at-the-market price of $4.98 a common share.

A $75 million shelf registration statement on Form S-3 (including a prospectus) relating to IZEA’s securities was filed with the SEC and became effective on June 2, 2020. The total gross proceeds raised under the Form S-3 since June 2020 is approximately $75 million, exhausting the total amount available under the Shelf registration.

National Securities Corporation, member FINRA/SIPC, a leading full service independent brokerage, investment banking and asset management firm, acted as the exclusive selling agent in the deal.

This press release does not constitute an offer to sell or solicitation of an offer to buy any securities in the ATM offering. Nor shall there be any sale of these securities in any state or jurisdiction in which such offering, solicitation, or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction.

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