secwatch.observer — SEC 8-K summary
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Issuer:     Banzai International, Inc. (BNZI)
CIK:        0001826011
Form:       8-K
Filed at:   2023-06-16T23:59:59+00:00
Accession:  0001193125-23-169121
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

7GC & Co. enters non-redemption agreement for 247K shares; sponsor to forfeit 30,875 Class B shares
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- Non-redemption agreement with unaffiliated holder for 247,000 Class A shares to support extension to Dec 28, 2023.
- Sponsor to forfeit 30,875 Class B shares; those shares will be issued as Class A shares to holder at business combination close.
- Agreement increases funds retained in trust account after special meeting on the extension amendment.
- Company intends to enter additional similar non-redemption agreements before the meeting.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1826011/000119312523169121/0001193125-23-169121-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1826011/000119312523169121/d465185d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-169121

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer