GP Investments Files 13D on IZEA Worldwide

TL;DR

**GP Investments just took a big stake in IZEA!**

AI Summary

GP Investments, Ltd. has filed a Schedule 13D, indicating a change in beneficial ownership of IZEA Worldwide, Inc. common stock. The filing, dated May 17, 2024, does not specify the exact number of shares or percentage owned, but it signifies a significant stake. The filing was made by GP Investments, Ltd., with Rodrigo Boscolo listed as the authorized contact.

Why It Matters

This filing signals a potential shift in control or a significant investment by GP Investments in IZEA Worldwide, which could impact the company's stock price and strategic direction.

Risk Assessment

Risk Level: medium — A Schedule 13D filing indicates a significant ownership stake, which can lead to increased volatility and potential activist investor involvement.

Key Players & Entities

• GP Investments, Ltd. (company) — Filing entity
• IZEA Worldwide, Inc. (company) — Subject company
• Rodrigo Boscolo (person) — Authorized contact for GP Investments
• 300 Park Avenue S-219 New York, NY 10022 (address) — Address for GP Investments' authorized contact

FAQ

Key Financial Figures

• $0.0001 — Inc. (Name of Issuer) Common Stock, $0.0001 par value per share (Title of Class o
• $7.8 million — on this Schedule 13D was approximately $7.8 million. Item4. Purpose of Transaction The
• $2.77 — agement 5/16/24 178,330 Purchase $2.77 GP Cash Management 5/14/24 928,114
• $3.20 — agement 5/14/24 928,114 Purchase $3.20 GP Cash Management 5/10/24 102 P
• $3.14 — Management 5/10/24 102 Purchase $3.14 GP Cash Management 5/9/24 38,021
• $3.06 — anagement 5/9/24 38,021 Purchase $3.06 GP Cash Management 5/3/24 1,427
• $3.00 — Management 5/3/24 1,427 Purchase $3.00 GP Cash Management 5/2/24 7,744
• $2.99 — Management 5/2/24 7,744 Purchase $2.99 GP Cash Management 5/1/24 20,059
• $2.87 — anagement 5/1/24 20,059 Purchase $2.87 GP Cash Management 4/26/24 61,598
• $2.78 — nagement 4/26/24 61,598 Purchase $2.78 GP Cash Management 4/25/24 11,481
• $2.59 — nagement 4/25/24 11,481 Purchase $2.59 GP Cash Management 4/24/24 28,258
• $2.48 — nagement 4/24/24 28,258 Purchase $2.48 GP Cash Management 4/17/24 516 P
• $2.50 — Management 4/17/24 516 Purchase $2.50 GP Cash Management 4/16/24 6,620
• $2.46 — Management 4/15/24 77,412 Purchase $2.46 GP Cash Management 4/12/24 3,359 Pu
• $2.40 — Management 4/12/24 3,359 Purchase $2.40 GP Cash Management 4/11/24 20,083 P

Filing Documents

• d839666dsc13d.htm (SC 13D) — 74KB
• d839666dex991.htm (EX-99.1) — 5KB
• 0001193125-24-141966.txt ( ) — 80KB

SIGNATURES

SIGNATURES After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: May 17, 2024 GP CASH MANAGEMENT, LTD. By: /s/ Rodrigo Boscolo Name: Rodrigo Boscolo Title: Legal Representative By: /s/ Antonio Bonchristiano Name: Antonio Bonchristiano Title: Legal Representative GP INVESTMENTS, LTD. By: /s/ Rodrigo Boscolo Name: Rodrigo Boscolo Title: Legal Representative By: /s/ Antonio Bonchristiano Name: Antonio Bonchristiano Title: Legal Representative Schedule A The following table sets forth the transactions in the Common Stock of the Issuer effected by the Reporting Persons during the past sixty days, and is incorporated by reference into this Item 5(c). Name Date of Transaction Number of Securities Acquired or Disposed Type of Transaction Price per Security GP Cash Management 5/16/24 178,330 Purchase $2.77 GP Cash Management 5/14/24 928,114 Purchase $3.20 GP Cash Management 5/10/24 102 Purchase $3.14 GP Cash Management 5/9/24 38,021 Purchase $3.06 GP Cash Management 5/3/24 1,427 Purchase $3.00 GP Cash Management 5/2/24 7,744 Purchase $2.99 GP Cash Management 5/1/24 20,059 Purchase $2.87 GP Cash Management 4/26/24 61,598 Purchase $2.78 GP Cash Management 4/25/24 11,481 Purchase $2.59 GP Cash Management 4/24/24 28,258 Purchase $2.48 GP Cash Management 4/17/24 516 Purchase $2.50 GP Cash Management 4/16/24 6,620 Purchase $2.50 GP Cash Management 4/15/24 77,412 Purchase $2.46 GP Cash Management 4/12/24 3,359 Purchase $2.40 GP Cash Management 4/11/24 20,083 Purchase $2.38 GP Cash Management 4/10/24 10,349 Purchase $2.30 GP Cash Management 4/9/24 9,441 Purchase $2.35 GP Cash Management 4/8/24 559 Purchase $2.30 GP Cash Management 4/2/24 65,000 Purchase $2.32

View Full Filing

View this SC 13D filing on SEC EDGAR