IZEA, INC. (NASDAQ:IZEA) Files An 8-K Other EventsItem 8.01 Other Events.
On July 12, 2017, IZEA, Inc. (the “Company”) entered into an agreement with Waller Capital Partners, LLC, as financial advisor, to initiate a process to explore and evaluate strategic alternatives to further enhance shareholder value. The Company plans to proceed in a timely manner, but has not set a definitive timetable for completion of this process. There can be no assurance that this review process will result in a transaction or other strategic alternative of any kind. The Company does not intend to disclose developments or provide updates on the progress or status of this process until it deems further disclosure is appropriate or required.
About IZEA, INC. (NASDAQ:IZEA)
IZEA, Inc. (IZEA) operates online marketplaces that facilitate transactions between brands and influential content creators. These creators produce and distribute text, videos and photos on behalf of brands through Websites, blogs and social media channels. Its technology enables transactions to be completed at scale through the management of content workflow, creator search and targeting, bidding, analytics and payment processing. Brands and Publishers engage IZEA in order to gain access to its technology and network of creators. These companies use its technology for various purposes, such as the engagement of online influencers for sponsored social campaigns, or the creation of standalone content for distribution through their owned channels. The Company provides services to customers in multiple industry segments, including consumer products, retail/eTail, technology and travel. Its platforms include IZEA.com and The IZEA Exchange (IZEAx), and Ebyline.