---
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"
generated_at: "2026-05-18T10:07:53.799298+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Banzai reduces convertible note floor price to $4.50 after 1-for-20 reverse stock split

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-227353
- JSON: https://secwatch.observer/filing/0001193125-26-227353.json
- Plain text: https://secwatch.observer/filing/0001193125-26-227353.txt

## Key facts
- Material Agreements
  Banzai International, Inc. amended Floor Price Amendment with CP BF Lending, LLC (effective 2026-05-15).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: CP BF Lending, LLC
  - Effective: 2026-05-15
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1826011/000119312526227353/0001193125-26-227353-index.htm

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