{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-038146","form_type":"8-K","ticker":"BNZI","cik":"0001826011","company_name":"Banzai International, Inc.","filed_at":"2024-09-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:14.735514+00:00","generated_at":"2026-05-31T01:54:00.523553+00:00","sec_items":["1.01","2.03","3.02","8.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Banzai reduces headcount by 34%, restructures ~$17M debt with CP BF, Alco and others via equity and notes","bullets":["Reduction in force of ~24 employees (34% of FTEs); expected to save ~$1.3M annually; restructuring charges ~$80k.","CP BF converted $2M debt into $2.2M equity (260,849 shares + warrants); remaining $8.76M debt into 15.5% PIK note.","Alco converted $4.71M debt into $5.18M equity (282,420 shares + warrants and pre-funded warrants).","Yorkville debt: principal reduced to $0.7M, floor price set at $2.00, maturity extended to January 2025.","Repayment agreements with Perkins Coie, Cooley, Sidley, and others settled at reduced amounts payable monthly."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-038146","json":"https://secwatch.observer/filing/0001493152-24-038146.json","markdown":"https://secwatch.observer/filing/0001493152-24-038146.md","text":"https://secwatch.observer/filing/0001493152-24-038146.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1826011/000149315224038146/0001493152-24-038146-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1826011/000149315224038146/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T01:54:00.523553+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}