{"schema_version":"secwatch.filing_event.v1","accession":"0001641172-25-017861","form_type":"8-K","ticker":"BNZI","cik":"0001826011","company_name":"Banzai International, Inc.","filed_at":"2025-07-03T23:59:59+00:00","discovered_at":"2026-05-14T18:02:45.166598+00:00","generated_at":"2026-05-18T09:29:58.580885+00:00","sec_items":["1.01","3.02","8.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Banzai to effect 1-for-10 reverse stock split on July 8; issues $11M senior secured convertible notes","bullets":["Reverse split effective July 8, 2025; pre-split Class A shares: 22,374,739; post-split approx 2,237,474.","Convertible note offering closed June 30: $11M principal, 10% OID, 10% interest, 18-month maturity; conversion floor $0.11.","Buyer receives warrants for 671,243 shares at $0.66 exercise price, 3-year term, 4.99% beneficial ownership limit.","Net proceeds from offering ~$1.725M for general corporate purposes and working capital.","Financial advisor Rodman & Renshaw receives 212,121 warrants at $0.825, 5-year term, plus cash fees."],"urls":{"canonical":"https://secwatch.observer/filing/0001641172-25-017861","json":"https://secwatch.observer/filing/0001641172-25-017861.json","markdown":"https://secwatch.observer/filing/0001641172-25-017861.md","text":"https://secwatch.observer/filing/0001641172-25-017861.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1826011/000164117225017861/0001641172-25-017861-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1826011/000164117225017861/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T09:29:58.580885+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}