Banzai regains Nasdaq minimum bid price compliance; still faces MVLS deficiency

Banzai International, Inc.

Received Nasdaq notice on Oct 18, 2024 confirming compliance with minimum bid price rule ($1.00) after 10 consecutive business days from Sept 19 to Oct 18.
Prior deficiency from April 8, 2024 is now closed.
Company must still regain compliance with Nasdaq Listing Rule 5450(b)(2)(A) (Market Value of Listed Securities) by Jan 31, 2025 per Panel decision.
BNZI common stock and warrants remain listed on Nasdaq.

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