IZEA acquires Australian influencer marketing company Hoozu for cash and stock

IZEA Worldwide, Inc.

Acquires Hoozu, Australia's leading influencer marketing firm, headquartered in Sydney.
Consideration is a mix of cash and stock with deferred payments tied to KPI performance.
Hoozu was profitable in its 2022 and 2023 fiscal years ending June; will operate as a wholly-owned IZEA subsidiary.
Hoozu CEO Natalie Giddings continues in her role, reporting to IZEA President Ryan Schram.
Acquisition establishes IZEA beachhead in Oceania; Hoozu to serve as platform for further APAC growth.

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