other_material
confidence high
sentiment neutral
materiality 0.60
Banzai shareholders approve 1-for-10 reverse stock split at special meeting
Banzai International, Inc.
- At special meeting on June 27, 2025, shareholders voted 25,320,879 For, 242,880 Against, 4,919 Abstain to approve amendment.
- The reverse split applies to both Class A Common Stock (BNZI) and Class B Common Stock at a 1-for-10 ratio.
- Board of Directors retains authority to abandon the amendment before filing Certificate of Amendment with Delaware.
- Approximately 4.77M Class A shares and 25.57M Class B shares represented at meeting, constituting quorum.
item 5.07item 9.01