---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-034210"
form_type: "8-K"
ticker: "BNZI"
cik: "0001826011"
company_name: "Banzai International, Inc."
filed_at: "2026-10-30T20:07:09+00:00"
generated_at: "2026-10-30T20:08:06.609161+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.82
calibrated_materiality_score: 0.82
confidence: "high"
source: SEC EDGAR
---

# Nasdaq moves to delist Parabolic Technologies after sub-$1 bid; authorized shares raised to 850M

## Summary
- Nasdaq issued a Staff Delisting Determination on Oct 27, 2026 after PARA closed below $1.00 for 30 straight sessions (Sept 15-Oct 26); no 180-day cure period was offered.
- Cure period was denied because of cumulative 1-for-2,000 reverse splits: 1-for-10 on July 8, 2025, 1-for-20 on May 8, 2026 and 1-for-10 on Oct 27, 2026.
- Company intends to appeal by the Nov 3, 2026 deadline with a $20,000 hearing fee; absent a timely request, trading suspends at the open on Nov 5, 2026 and a Form 25-NSE is filed.
- Stockholders approved raising authorized shares to 850,000,000 from 350,000,000 (750M Class A, 25M Class B, 75M preferred), effective 12:01 a.m. ET on Oct 30, 2026.
- Votes also authorized Class A issuance on conversion of the convertible note and exercise of common warrants held by Evergreen Capital Management LLC; all four proposals passed on a 38.91% quorum.

## SEC filing metadata
- accession: 0001437749-26-034210
- form_type: 8-K
- ticker: BNZI
- cik: 0001826011
- company_name: Banzai International, Inc.
- filed_at: 2026-10-30T20:07:09+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.82
- calibrated_materiality_score: 0.82
- confidence: high
- sec_items: 3.01, 5.03, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1826011/000143774926034210/0001437749-26-034210-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1826011/000143774926034210/para20261030_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-034210
- JSON: https://secwatch.observer/filing/0001437749-26-034210.json
- Plain text: https://secwatch.observer/filing/0001437749-26-034210.txt

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