---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-004502"
form_type: "8-K"
ticker: "BNZI"
cik: "0001826011"
company_name: "Banzai International, Inc."
filed_at: "2025-01-31T23:59:59+00:00"
generated_at: "2026-05-27T04:48:24.176137+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Banzai closes Vidello acquisition, issues $3.5M convertible note with YA II PN

## Summary
- Closed acquisition of Vidello Limited on Jan 31, 2025 for $2.745M cash ($2.5M held back for indemnification) and 898,204 shares of Class A common stock.
- Convertible note for $3.5M with YA II PN: 0% interest first 90 days then 6%, convertible at $2.00/share, matures July 31, 2025.
- Vidello becomes wholly owned subsidiary; Joseph Davy appointed sole director of Vidello.
- Company believes stockholders' equity now exceeds $2.5M Nasdaq minimum, but no assurance of regaining compliance.

## SEC filing metadata
- accession: 0001493152-25-004502
- form_type: 8-K
- ticker: BNZI
- cik: 0001826011
- company_name: Banzai International, Inc.
- filed_at: 2025-01-31T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 2.01, 2.03, 3.02, 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1826011/000149315225004502/0001493152-25-004502-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1826011/000149315225004502/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-004502
- JSON: https://secwatch.observer/filing/0001493152-25-004502.json
- Plain text: https://secwatch.observer/filing/0001493152-25-004502.txt

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