{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-22-078344","form_type":"8-K","ticker":"BNZI","cik":"0001826011","company_name":"Banzai International, Inc.","filed_at":"2022-12-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:52.418807+00:00","generated_at":"2026-06-21T07:41:37.495581+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"7GC & Co. Holdings to merge with Banzai International at ~$380M enterprise value","bullets":["Pro forma enterprise value ~$380M; Banzai security holders receive ~$293M in 7GC stock, subject to adjustments.","Earn-out of up to 5.85M shares vesting if stock hits $12, $14, or $16 within 60 months post-close.","Closing conditioned on 7GC stockholder approval, HSR clearance, net tangible assets ≥$5M, and Hyros acquisition.","Hyros acquisition for ~$110M plus revenue-based earnout; post-close redemption option up to ~$86.9M cash.","Sponsor support agreement locks up votes; deal must close by June 8, 2023, or may be terminated."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-22-078344","json":"https://secwatch.observer/filing/0001213900-22-078344.json","markdown":"https://secwatch.observer/filing/0001213900-22-078344.md","text":"https://secwatch.observer/filing/0001213900-22-078344.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1826011/000121390022078344/0001213900-22-078344-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1826011/000121390022078344/ea169690-8k425_7gcandco.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T07:41:37.495581+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":"52a4224fe1dc10cab569b23a075ea3d1f45cb7eb","claim":"Banzai International, Inc. entered into Agreement and Plan of Merger and Reorganization with Banzai International Inc., 7GC Merger Sub I, Inc., and 7GC Merger Sub II, LLC valued at approximately $380 million (effective 2022-12-08).","evidence_excerpt":"On December 8, 2022, 7GC & Co. Holdings Inc., a Delaware corporation (“ 7GC ”), entered into an Agreement and Plan of Merger and Reorganization (the “ Merger Agreement ”), by and among Banzai International Inc., a Delaware corporation (the “ Company ”), 7GC, 7GC Merger Sub I, Inc., a Delaware corporation and an indirect wholly owned subsidiary of 7GC (“ First Merger Sub ”), and 7GC Merger Sub II, LLC, a Delaware limited liability company and a direct wholly owned subsidiary of 7GC (“ Second Merger Sub ”","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1826011/000121390022078344/0001213900-22-078344-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"merger"},{"label":"Counterparty","value":"Banzai International Inc., 7GC Merger Sub I, Inc., and 7GC Merger Sub II, LLC"},{"label":"Value","value":"approximately $380 million"},{"label":"Effective","value":"2022-12-08"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}