---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-003843"
form_type: "8-K"
ticker: "BNZI"
cik: "0001826011"
company_name: "Banzai International, Inc."
filed_at: "2025-04-11T23:59:59+00:00"
generated_at: "2026-05-23T16:21:02.373256+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Banzai International closes $4M subordinated loan at 44% interest due Nov 2025

## Summary
- Aggregate principal $4,000,000; net proceeds $2,044,105 after fees and prepayment of $1,755,895 existing Dec 2024 note.
- Interest accrues at 44% per annum with weekly amortization; maturity date November 12, 2025.
- Mandatory prepayment on default includes outstanding principal, accrued interest, and make-whole prepayment fee.
- Loan secured by substantially all assets; proceeds used for refinancing existing debt and general business purposes.
- Administrative agent fee of $200,000 paid to Agile Capital Funding at closing.

## SEC filing metadata
- accession: 0001641172-25-003843
- form_type: 8-K
- ticker: BNZI
- cik: 0001826011
- company_name: Banzai International, Inc.
- filed_at: 2025-04-11T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1826011/000164117225003843/0001641172-25-003843-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1826011/000164117225003843/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-003843
- JSON: https://secwatch.observer/filing/0001641172-25-003843.json
- Plain text: https://secwatch.observer/filing/0001641172-25-003843.txt

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