Izea regains compliance with nasdaq bid price rule

Orlando, florida, july 10, 2023 (globe newswire) -- izea worldwide, inc. (nasdaq: izea) (the “company”), the premier provider of influencer marketing technology, data, and services for the world's leading brands, received formal notification from the nasdaq stock market llc ("nasdaq") on july 6, 2023 that the company has regained compliance with listing rule 5550(a)(2), which requires the company's common stock to maintain a minimum bid price of $1.00 per share. the nasdaq staff made this determination of compliance after the closing bid price of the company's common stock was at $1.00 per share or greater for the prior 10 consecutive business days.
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