---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-049374"
form_type: "8-K"
ticker: "BNZI"
cik: "0001826011"
company_name: "Banzai International, Inc."
filed_at: "2024-12-10T23:59:59+00:00"
generated_at: "2026-05-29T05:15:27.028540+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Banzai to acquire OpenReel for $19.6M in stock/warrants; pro forma TTM revenue $10.9M

## Summary
- Acquisition consideration of $19.6M in BNZI Class A common stock and/or pre-funded warrants.
- Pro forma TTM revenue of $10.9M, up 152% from prior period.
- CEO Joe Davy, holding 85.64% voting power, signed voting agreement to support stockholder approval.
- OpenReel adds enterprise video creation; customers include Bristol Myers Squibb, Ingram Micro, US Steel.
- Closing expected December 2024, subject to Nasdaq listing and other customary conditions.

## SEC filing metadata
- accession: 0001493152-24-049374
- form_type: 8-K
- ticker: BNZI
- cik: 0001826011
- company_name: Banzai International, Inc.
- filed_at: 2024-12-10T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1826011/000149315224049374/0001493152-24-049374-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1826011/000149315224049374/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-049374
- JSON: https://secwatch.observer/filing/0001493152-24-049374.json
- Plain text: https://secwatch.observer/filing/0001493152-24-049374.txt

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