{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-25-018364","form_type":"8-K/A","ticker":"BNZI","cik":"0001826011","company_name":"Banzai International, Inc.","filed_at":"2025-10-17T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.646105+00:00","generated_at":"2026-05-17T03:25:30.398418+00:00","sec_items":["1.01","8.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Banzai agrees to eliminate ~$4.8M senior debt via equity conversion; conversion price formula with $2.50 floor","bullets":["Outstanding senior secured debt ~$4.86M; converts into Class A common stock at 95% of prior day's close, floor $2.50.","CP BF Lending (Columbia Pacific) to convert; sales limited to 5% of daily trading volume.","Events of default waived through Dec 31, 2025; financial covenant compliance suspended until certain conditions met.","Company must register 120% of fully diluted shares within 60 days; $2M debt prepaid triggers further relief.","CEO calls agreement a major win; company previously paid down $5.3M of the original debt."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-25-018364","json":"https://secwatch.observer/filing/0001493152-25-018364.json","markdown":"https://secwatch.observer/filing/0001493152-25-018364.md","text":"https://secwatch.observer/filing/0001493152-25-018364.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1826011/000149315225018364/0001493152-25-018364-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1826011/000149315225018364/form8-ka.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T03:25:30.398418+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}