debt
confidence medium
sentiment neutral
materiality 0.50
Banzai issues 71,704 shares to cancel $467K debt; files amended loan agreement
Banzai International, Inc.
- Issued 71,704 Class A common shares to creditors in exchange for cancellation of $467,224.76 of debt.
- Debt reorganization occurred between August 23 and September 23, 2024.
- Amendment filed to include redlined version of Second Amendment to Loan Agreement previously omitted.
- Shares issued include both registered and exempt from registration.