other material
confidence high
sentiment neutral
materiality 0.70
Banzai International announces 1-for-50 reverse stock split effective Sep 19, 2024
Banzai International, Inc.
- Reverse stock split at 1-for-50 ratio, approved by board and shareholders; Nasdaq approved Sep 16.
- Effective Sep 19, 2024; post-split shares outstanding will be ~916,558.
- No fractional shares will be issued; rounding up to next whole share.
- Ticker symbol to have 'D' suffix for 20 business days; new CUSIP 06682J 308.