regulatory
confidence high
sentiment negative
materiality 0.65
Banzai corrects prior 8-K misstatement; reverse stock split effective Sept 19 at 1:50 ratio
Banzai International, Inc.
- Corrects earlier 8-K: ticker will NOT carry 'D' designation for 20 days; symbol remains BNZI.
- 1-for-50 reverse stock split effective 12:01 a.m. EDT Sept 19, 2024, to regain Nasdaq bid price compliance.
- Post-split shares outstanding reduced to 916,558; no fractional shares issued (rounded up).
- New CUSIP number 06682J 308; trading continues on Nasdaq under same symbol.