---
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"
generated_at: "2026-05-18T09:29:58.580885+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Banzai to effect 1-for-10 reverse stock split on July 8; issues $11M senior secured convertible notes

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 3.02, 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-017861
- JSON: https://secwatch.observer/filing/0001641172-25-017861.json
- Plain text: https://secwatch.observer/filing/0001641172-25-017861.txt

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