secwatch.observer — SEC 8-K summary
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Issuer:     Banzai International, Inc. (BNZI)
CIK:        0001826011
Form:       8-K
Filed at:   2024-09-03T23:59:59+00:00
Accession:  0001493152-24-034805
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Banzai shareholders approve reverse stock split up to 1-for-50 at special meeting
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- Class A: 19,617,748 for, 1,759,744 against, 25,925 abstain; Class B: 23,111,340 for, 0 against, 0 abstain.
- Reverse split ratio up to 1-for-50; final ratio and timing set by Board, to be announced via 8-K.
- Adjournment proposal also approved: 42,909,427 for, 1,581,566 against, 23,764 abstain.
- Quorum met: 60.77% of Class A and 100% of Class B outstanding shares represented at meeting.
- Board intends to effect reverse split in near future; additional 8-K will disclose implementation.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1826011/000149315224034805/0001493152-24-034805-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1826011/000149315224034805/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-034805

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer