---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-017504"
form_type: "8-K"
ticker: "BNZI"
cik: "0001826011"
company_name: "Banzai International, Inc."
filed_at: "2025-10-09T23:59:59+00:00"
generated_at: "2026-05-17T04:13:55.602380+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Banzai International issues additional $2.5M convertible note in October closing; net proceeds ~$2.01M

## Summary
- Issued $2.5M senior secured convertible note on Oct 8, 2025, with 10% OID and 10% interest; matures Oct 8, 2026.
- Conversion price set at $2.50 per share, subject to floor of $0.62; warrants to buy 200,000 shares at $2.50.
- Net proceeds of ~$2.01M after fees; funds to be used for general corporate purposes and working capital.
- Issued 63,636 financial advisor warrants to Rodman & Renshaw at $3.13 per share, exercisable for 5 years.
- Company restricts future variable-rate transactions until 180 days after closing or no notes outstanding.

## SEC filing metadata
- accession: 0001493152-25-017504
- form_type: 8-K
- ticker: BNZI
- cik: 0001826011
- company_name: Banzai International, Inc.
- filed_at: 2025-10-09T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1826011/000149315225017504/0001493152-25-017504-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1826011/000149315225017504/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-017504
- JSON: https://secwatch.observer/filing/0001493152-25-017504.json
- Plain text: https://secwatch.observer/filing/0001493152-25-017504.txt

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