---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-042422"
form_type: "8-K"
ticker: "BNZI"
cik: "0001826011"
company_name: "Banzai International, Inc."
filed_at: "2026-09-11T21:15:18+00:00"
generated_at: "2026-09-11T21:16:07.887349+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Banzai raises $1.5M via convertible note with warrants; up to $3.57M total

## Summary
- $2.14M initial convertible note, 30% OID, 10% interest, matures June 4, 2027; conversion at $2.75/share.
- Initial closing $1.5M; two $500k tranches tied to Form S-1 filings increase note principal to $3.57M.
- Warrants for 779,221 shares at $2.75, immediately exercisable, 5-year term, cashless at expiry.
- Stockholder approval sought by Nov 3, 2026 for issuance >20% of shares and warrant repricing.
- 90-day lock-up for directors, officers, and 10%+ holders; defaults trigger 20% note increase and 18% interest.

## SEC filing metadata
- accession: 0001493152-26-042422
- form_type: 8-K
- ticker: BNZI
- cik: 0001826011
- company_name: Banzai International, Inc.
- filed_at: 2026-09-11T21:15:18+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1826011/000149315226042422/0001493152-26-042422-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1826011/000149315226042422/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-042422
- JSON: https://secwatch.observer/filing/0001493152-26-042422.json
- Plain text: https://secwatch.observer/filing/0001493152-26-042422.txt

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