---
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"
generated_at: "2026-05-17T03:25:30.398418+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Banzai agrees to eliminate ~$4.8M senior debt via equity conversion; conversion price formula with $2.50 floor

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-018364
- JSON: https://secwatch.observer/filing/0001493152-25-018364.json
- Plain text: https://secwatch.observer/filing/0001493152-25-018364.txt

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