---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-050696"
form_type: "8-K"
ticker: "BNZI"
cik: "0001826011"
company_name: "Banzai International, Inc."
filed_at: "2024-12-19T23:59:59+00:00"
generated_at: "2026-05-29T01:45:58.810417+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Banzai completes OpenReel acquisition for $19.6M, expects to exceed $10M FY2024 revenue guidance

## Summary
- Closed Dec 18, 2024; total consideration $19.6M via 930,558 Class A shares and 11,769,501 pre-funded warrants.
- Banzai expects to exceed top end of previously disclosed $10.0M revenue guidance for fiscal 2024.
- OpenReel's enterprise customers include Bristol Myers Squibb, Ingram Micro, DXC Technology, and US Steel.
- Joseph Davy appointed sole director and president of surviving entity; Alvin Yip as secretary and treasurer.

## SEC filing metadata
- accession: 0001493152-24-050696
- form_type: 8-K
- ticker: BNZI
- cik: 0001826011
- company_name: Banzai International, Inc.
- filed_at: 2024-12-19T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.01, 3.02, 1.01, 5.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1826011/000149315224050696/0001493152-24-050696-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1826011/000149315224050696/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-050696
- JSON: https://secwatch.observer/filing/0001493152-24-050696.json
- Plain text: https://secwatch.observer/filing/0001493152-24-050696.txt

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