Reported Earlier, IZEA Acquires Australian Influencer Marketing Company Hoozu; Deal Terms Not Disclosed

IZEA Worldwide, Inc.

IZEA Worldwide, Inc.

IZEA

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Hoozu Holdings Limited and all subsidiaries have been fully acquired by IZEA. The transaction consideration is a mix of cash and stock, with deferred payments tied to KPI performance. Hoozu grew from 2022 to 2023 (June fiscal) and was profitable in both years. IZEA intends to invest resources to fuel additional growth, including the expansion of sales personnel and overall capabilities.

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