IZEA adopts limited-duration rights plan after rapid stock accumulation by single investor

IZEA Worldwide, Inc.

Rights become exercisable if a person or group acquires 15% or more of IZEA common stock.
Rights plan expires May 28, 2025, unless earlier redeemed or exchanged by the Board.
Existing stockholders owning 15% or more before announcement are grandfathered but cannot increase ownership.
Plan intended to prevent coercive takeover tactics and ensure fair treatment for all stockholders.
If triggered, the ownership of the acquiring person would be significantly diluted.

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