{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-227353","form_type":"8-K/A","ticker":"BNZI","cik":"0001826011","company_name":"Banzai International, Inc.","filed_at":"2026-05-15T22:28:10+00:00","discovered_at":"2026-05-18T10:05:00.355486+00:00","generated_at":"2026-05-18T10:07:53.799298+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Banzai reduces convertible note floor price to $4.50 after 1-for-20 reverse stock split","bullets":["Reverse stock split 1-for-20 effective May 8, 2026.","As of May 14, 2026, outstanding principal on convertible note is $5,361,910.","Floor price cut from $50.00 to $4.50 (post-split); conversion price remains 95% of prior trading day's price subject to floor.","Failure to comply with floor price amendment constitutes an event of default."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-227353","json":"https://secwatch.observer/filing/0001193125-26-227353.json","markdown":"https://secwatch.observer/filing/0001193125-26-227353.md","text":"https://secwatch.observer/filing/0001193125-26-227353.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1826011/000119312526227353/0001193125-26-227353-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1826011/000119312526227353/bnzi-20240925.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T10:07:53.799298+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"75f18812748e165a5bb4b8047bd4796465dabf66","claim":"Banzai International, Inc. amended Floor Price Amendment with CP BF Lending, LLC (effective 2026-05-15).","evidence_excerpt":"On May 15, 2026, the Company, the Guarantors and CP BF entered into a letter agreement (the \"Floor Price Amendment\"), further amending the Loan Agreement and the Note.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1826011/000119312526227353/0001193125-26-227353-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"CP BF Lending, LLC"},{"label":"Effective","value":"2026-05-15"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}