7GC & Co. stockholders approve extension to Dec 28, 2023; ~$18.4M redeemed

Banzai International, Inc.

Extension approved by stockholders (8,455,173 for, 1,505,150 against).
1,747,139 public shares redeemed for ~$18.4M ($10.55/share) from trust account.
After redemptions, 3,329,638 public shares remain outstanding.
Company must complete business combination by Dec 28, 2023 or earlier if Board decides.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.95

Banzai International, Inc.: Filed extension amendment to extend business combination deadline from June 28, 2023 to December 28, 2023 (effective 2023-06-27).

Change: charter amendment
Effective: 2023-06-27

Exact text from the filing

On June 27, 2023, 7GC & Co. Holdings Inc. (the “ Company ”) filed a second amendment to the Company’s Amended and Restated Certificate of Incorporation with the Secretary of State of the State of Delaware (the “ Extension Amendment ”).

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Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

Banzai International, Inc. shareholders approved Extension Amendment extending the date by which the Company must consummate its initial business combination to December 28, 2023 at the 2023-06-26 meeting.

Proposal: charter amendment
Outcome: passed
Meeting: 2023-06-26

Exact text from the filing

the final voting results for the Extension Amendment Proposal were as follows: For Against Abstain Broker Non-Votes 8,455,173 1,505,150 0 0

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11 governance changes filed in the last 30 days. Browse all governance changes →

Banzai International, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-23-178749

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