secwatch.observer — SEC 8-K summary
======================================

Issuer:     Banzai International, Inc. (BNZI)
CIK:        0001826011
Form:       8-K
Filed at:   2026-08-13T12:28:39+00:00
Accession:  0001493152-26-037599
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Banzai International issues $1.1M convertible note and warrants in August 2026 closing
--------------------------------------------------------------------------------

- Issued $1,099,989 senior secured convertible note at $1.96/share conversion, maturing Aug 12, 2027.
- Warrants to purchase 112,531 shares at $1.96; net proceeds ~$1M for working capital.
- Also issued 63,062 financial advisor warrants to Rodman & Renshaw at $2.45/share.
- Note carries 10% OID, 10% interest, conversion floor $0.35; prior notes from earlier closings remain.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1826011/000149315226037599/0001493152-26-037599-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1826011/000149315226037599/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-037599

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer