other_material
confidence high
sentiment neutral
materiality 0.55
Banzai to effect 1-for-10 reverse stock split on July 8, 2025 to maintain Nasdaq listing
Banzai International, Inc.
- Reverse stock split at ratio 1-for-10 for Class A and Class B common stock.
- Pre-split shares: 22,374,739 Class A and 2,311,134 Class B; post-split ~2,237,474 and 231,113.
- Fractional shares rounded up; new CUSIP 06682J407 for Class A common stock.
- Split effective at market open July 8, 2025; symbol BNZI unchanged.
- Approved by stockholders holding ~62.69% voting power on June 27, 2025.
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