Banzai International changes name to Parabolic Technologies, sets 1-for-10 reverse split effective October 27, 2026

Banzai International, Inc.

Shares outstanding drop from 5,061,208 Class A and 149,821 Class B to about 506,121 and 14,983 after the 1-for-10 split.
Class A stock continues trading on Nasdaq under symbol PARA with new CUSIP 06682J803; split-adjusted trading begins October 27, 2026.
Shareholders approved the name change to Parabolic Technologies, Inc. and the reverse split at the October 16, 2026 special meeting.
Company says the split is primarily intended to lift the per-share price and maintain compliance with Nasdaq's minimum bid price requirement.
Shareholders also authorized issuance of Class A shares under the July 2, 2026 Asset Purchase Agreement with ConnectAndSell, Inc.

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