---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-297663"
form_type: "8-K"
ticker: "BNZI"
cik: "0001826011"
company_name: "Banzai International, Inc."
filed_at: "2026-07-07T21:27:18+00:00"
generated_at: "2026-07-07T21:28:08.900222+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Banzai acquires ConnectAndSell for $8.45M closing consideration; enters $2.1M loan

## Summary
- Acquired ConnectAndSell (SaaS/AI sales enablement) for $8.45M closing: $750k cash, $5.9M stock, $1.8M promissory note.
- Deferred cash payments: $1.5M due within 10 days, $3.25M due by Dec 31, 2026 (or earlier upon SEC registration).
- Earn-out up to $2M base plus performance multiples based on Year 1 MRR exceeding Closing MRR.
- Entered $2.1M subordinated loan with Agile Capital Funding; net $2M proceeds, 32 weekly payments of $94,500.
- Issued shares and Pre-Funded Warrants to ConnectAndSell; stockholder approval required within 120 days for full issuance.

## SEC filing metadata
- accession: 0001193125-26-297663
- form_type: 8-K
- ticker: BNZI
- cik: 0001826011
- company_name: Banzai International, Inc.
- filed_at: 2026-07-07T21:27:18+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 2.01, 2.03, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1826011/000119312526297663/0001193125-26-297663-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1826011/000119312526297663/bnzi-20260707.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-297663
- JSON: https://secwatch.observer/filing/0001193125-26-297663.json
- Plain text: https://secwatch.observer/filing/0001193125-26-297663.txt

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