Olshan Client IZEA Completes $12 Million PIPE Offering

Olshan client IZEA, Inc. (OTCQB: IZEA), an Orlando, Florida based social media sponsorship company, has completed a $12 million PIPE financing transaction of common stock and warrants. The round was led by Special Situations Funds with participation by IZEA board members, IZEA's CEO and numerous institutional investors. Representing IZEA, Inc. in its largest financing to date was Spencer Feldman, who was assisted by Kenneth Schlesinger and Nik Talreja.