Banzai International issues additional $2.2M convertible note in second closing

Banzai International, Inc.

Issued $2.2M additional senior secured convertible note with 10% OID and 10% interest, maturing Aug 19, 2026.
Conversion price $3.4891 per share with a floor price of $1.10; shares registered on Form S-3.
Issued additional warrants to purchase 126,107 shares of common stock at $3.4891 per share, exercisable for 3 years.
Net proceeds of ~$1.762M after fees; funds for general corporate purposes and working capital.
Rodman & Renshaw acted as financial advisor; received 7% cash fee and 40,125 advisor warrants at $4.36.

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