IZEA Worldwide, Inc. (NasdaqCM:IZEA) acquired Hoozu Pty Ltd on December 1, 2023. The transaction consideration is a mix of cash and stock, with deferred payments tied to KPI performance.

IZEA Worldwide, Inc. (NasdaqCM:IZEA) completed the acquisition of Hoozu Pty Ltd for approximately $2.5 million on December 1, 2023. The net purchase price was approximately $2.5 million, including cash consideration of $0.6 million and 726,210 shares of common stock, valued at approximately $1.7 million at the acquisition date.