---
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"
generated_at: "2026-06-21T07:41:37.495581+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# 7GC & Co. Holdings to merge with Banzai International at ~$380M enterprise value

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-22-078344
- JSON: https://secwatch.observer/filing/0001213900-22-078344.json
- Plain text: https://secwatch.observer/filing/0001213900-22-078344.txt

## Key facts
- Material Agreements
  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).
  - Action: entry
  - Agreement: merger
  - Counterparty: Banzai International Inc., 7GC Merger Sub I, Inc., and 7GC Merger Sub II, LLC
  - Value: approximately $380 million
  - Effective: 2022-12-08
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1826011/000121390022078344/0001213900-22-078344-index.htm

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