---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-013900"
form_type: "8-K"
ticker: "BNZI"
cik: "0001826011"
company_name: "Banzai International, Inc."
filed_at: "2025-09-17T23:59:59+00:00"
generated_at: "2026-05-17T06:23:15.529443+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Banzai International issues $2M convertible note to YA II PN; receives $890K initially

## Summary
- Convertible promissory note of $2M principal; $890K received after 10% discount and fees.
- Remaining $900K (net of 10% discount) due upon effectiveness of S-1 registration (File 333-290241).
- Note matures March 16, 2026; interest at 6% (18% on default), conversion price $2.50/share.
- Monthly installments of $500K principal plus 4% premium and interest starting 30 days from issuance.
- Company may redeem at its option if VWAP below conversion price, with 10 trading days' notice.

## SEC filing metadata
- accession: 0001493152-25-013900
- form_type: 8-K
- ticker: BNZI
- cik: 0001826011
- company_name: Banzai International, Inc.
- filed_at: 2025-09-17T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1826011/000149315225013900/0001493152-25-013900-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1826011/000149315225013900/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-013900
- JSON: https://secwatch.observer/filing/0001493152-25-013900.json
- Plain text: https://secwatch.observer/filing/0001493152-25-013900.txt

## Key facts
- Debt Financings
  Banzai International, Inc. incurred convertible notes of $2,000,000 with YA II PN, LTD. at 6% maturing March 16, 2026.
  - Instrument: convertible notes
  - Principal: $2,000,000
  - Counterparty: YA II PN, LTD.
  - Rate: 6%
  - Maturity: March 16, 2026
  - Event: incurrence
  source text: On September 16, 2025, Banzai International, Inc. (“ Banzai ” or the “ Company ”) entered into a Convertible Promissory Note (the “ Note ”) with YA II PN, LTD., a Cayman Islands exempt limited company (the “ Investor ”) in principal amount of $2,000,000
  evidence_url: https://www.sec.gov/Archives/edgar/data/1826011/000149315225013900/0001493152-25-013900-index.htm
- Equity Issuances
  Banzai International, Inc. issued convertible note to YA II PN, LTD. for principal amount of $2,000,000.
  - Security: convertible note
  - Purchaser: YA II PN, LTD.
  - Consideration: principal amount of $2,000,000
  source text: On September 16, 2025, Banzai International, Inc. (“ Banzai ” or the “ Company ”) entered into a Convertible Promissory Note (the “ Note ”) with YA II PN, LTD., a Cayman Islands exempt limited company (the “ Investor ”) in principal amount of $2,000,000 (the “ Original Principal Amount ”) to the Company, to be used as an advance under the outstanding Standby Equity Purchase Agreement entered into on December 14, 2023 by the Company and the Investor (the “ SEPA ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1826011/000149315225013900/0001493152-25-013900-index.htm

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