---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-004641"
form_type: "8-K/A"
ticker: "BNZI"
cik: "0001826011"
company_name: "Banzai International, Inc."
filed_at: "2025-02-03T23:59:59+00:00"
generated_at: "2026-05-27T04:05:15.759027+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Banzai enters $3.5M convertible note at $2.00/share, 10% OID, with YA II PN

## Summary
- Principal $3.5M; 10% original issue discount (net proceeds ~$3.15M); received Jan 31, 2025.
- Conversion price $2.00 per share; interest 0% first 90 days then 6% (18% on default).
- Maturity July 31, 2025; installment payments: $1.5M on Feb 28 & Mar 31, $500k on Apr 30, plus 4% premium and accrued interest.
- Optional redemption by company allowed only if VWAP below conversion price, with 10 trading days' notice and 4% premium.
- Issued under existing SEPA; registration rights granted to holder for resale of underlying shares.

## SEC filing metadata
- accession: 0001493152-25-004641
- form_type: 8-K/A
- ticker: BNZI
- cik: 0001826011
- company_name: Banzai International, Inc.
- filed_at: 2025-02-03T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1826011/000149315225004641/0001493152-25-004641-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1826011/000149315225004641/form8-ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-004641
- JSON: https://secwatch.observer/filing/0001493152-25-004641.json
- Plain text: https://secwatch.observer/filing/0001493152-25-004641.txt

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