---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-038522"
form_type: "8-K"
ticker: "BNZI"
cik: "0001826011"
company_name: "Banzai International, Inc."
filed_at: "2024-09-27T23:59:59+00:00"
generated_at: "2026-05-31T01:15:23.594588+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Banzai closes $5M private placement; pays off Yorkville credit facility

## Summary
- Gross proceeds ~$5M; net proceeds ~$4.4M after fees and expenses.
- Issued 1,176,471 pre-funded warrants and Series A/B warrants (exercise $4.00, terms 5 yr/18 mo).
- Net proceeds used to fully repay outstanding Yorkville Advisors credit facility and for working capital.
- Placement agent H.C. Wainwright received 7.5% cash fee and placement agent warrants for 88,235 shares.
- Company agreed to file resale registration statement within 10 days under registration rights agreement.

## SEC filing metadata
- accession: 0001493152-24-038522
- form_type: 8-K
- ticker: BNZI
- cik: 0001826011
- company_name: Banzai International, Inc.
- filed_at: 2024-09-27T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1826011/000149315224038522/0001493152-24-038522-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1826011/000149315224038522/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-038522
- JSON: https://secwatch.observer/filing/0001493152-24-038522.json
- Plain text: https://secwatch.observer/filing/0001493152-24-038522.txt

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