Olshan Client IZEA Completes $3.6 Million Private Placement
September 26, 2013
New Olshan client IZEA, Inc., an Orlando, Florida based social media sponsorship company, completed a $3,560,000 private placement of common stock and warrants on September 23, 2013, as indicated on Yahoo! Finance. A portion of the offering proceeds represented the conversion of outstanding bridge promissory notes. IZEA is the pioneer of sponsored influence, operating proprietary marketing platforms Sponsored Tweets, SocialSpark and Staree, connecting brands with social media influencers and helping them monetize their online and offline presence. Olshan attorney Spencer G. Feldman represents IZEA.