other material
confidence high
sentiment neutral
materiality 0.60
Banzai shareholders approve 1-for-20 reverse stock split; effective May 8, 2026
Banzai International, Inc.
- Shareholders voted 9,199,546 for, 556,612 against, 37,584 abstain on reverse split proposal.
- Board set ratio at 1-for-20; post-split shares ~995K Class A and ~34K Class B.
- Reverse split expected effective May 8, 2026; company will file amendment with Delaware.
- Pre-split shares outstanding: 19.9M Class A and 677K Class B as of April 27, 2026.