---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-089608"
form_type: "8-K"
ticker: "BNZI"
cik: "0001826011"
company_name: "Banzai International, Inc."
filed_at: "2024-04-08T23:59:59+00:00"
generated_at: "2026-06-04T01:28:38.994090+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Banzai gets Nasdaq deficiency notices for bid price and MVPHS

## Summary
- Received two Nasdaq letters on April 3, 2024, for bid price and market value of publicly held shares non-compliance.
- Common stock closing bid price below $1.00 for 30 consecutive business days.
- Market value of publicly held shares below the required $15 million minimum for 30 consecutive business days.
- Company has until September 30, 2024 to regain compliance for both deficiencies.
- If not cured, may face delisting; company evaluating options including potential reverse stock split.

## SEC filing metadata
- accession: 0001193125-24-089608
- form_type: 8-K
- ticker: BNZI
- cik: 0001826011
- company_name: Banzai International, Inc.
- filed_at: 2024-04-08T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1826011/000119312524089608/0001193125-24-089608-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1826011/000119312524089608/d795827d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-089608
- JSON: https://secwatch.observer/filing/0001193125-24-089608.json
- Plain text: https://secwatch.observer/filing/0001193125-24-089608.txt

## Key facts
- Listing & Compliance Notices
  Banzai International, Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5450(a)(1), 5810(c)(3)(A)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: minimum bid price
  - Rules: 5450(a)(1), 5810(c)(3)(A)
  source text: April 3, 2024, Banzai International, Inc. (the “ Company ”) received a letter from the staff at The Nasdaq Stock Market LLC (“ Nasdaq ”) notifying the Company that, for the 30 consecutive business days prior to the date of the letter, the Company’s Class A common stock, par value $0.0001 per share (the “ Common Stock ”), did not meet the minimum bid price of $1.00 per share required for continued listing on The Nasdaq Global Market pursuant to Nasdaq Listing Rule 5450(a)(1). The letter is only a notification of deficiency, not of imminent delisting, and has no current effect on the listing or
  evidence_url: https://www.sec.gov/Archives/edgar/data/1826011/000119312524089608/0001193125-24-089608-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.