Highest-materiality recent filing
Banzai closes $0.9M public offering of 327,273 shares at $2.75/share
Closed underwritten public offering of 327,273 shares of Class A common stock at $2.75 per share on July 14, 2026.
Banzai acquires ConnectAndSell for $8.45M closing consideration; enters $2.1M loan
Acquired ConnectAndSell (SaaS/AI sales enablement) for $8.45M closing: $750k cash, $5.9M stock, $1.8M promissory note.
Banzai reduces convertible note floor price to $4.50 after 1-for-20 reverse stock split
Reverse stock split 1-for-20 effective May 8, 2026.
Banzai announces 1-for-20 reverse stock split effective May 8, 2026 to maintain Nasdaq compliance
Reverse split at 1-for-20 ratio; trading on split-adjusted basis begins May 8 under same ticker BNZI.
Banzai exchanges shares for debt; issued 1.47M shares, note reduced to $819K
Exchanged 232,786 shares at $1.22 for $284K note reduction; forbearance fee of $628K added, balance rose to $1.84M.
Banzai shareholders approve 1-for-20 reverse stock split; effective May 8, 2026
Shareholders voted 9,199,546 for, 556,612 against, 37,584 abstain on reverse split proposal.
Banzai raises ~$1.6M net in new tranche of convertible note and warrant offering
Closed additional $2,333,333 senior secured note with 10% OID and 10% interest; net proceeds ~$1,599,168 after fees.
Banzai shareholders re-elect director Mason Ward and ratify auditor at annual meeting
Quorum of 5,846,443 shares (51.18% voting power) present at January 15, 2026 meeting.
Banzai exchanges shares for $284K debt reduction, adds $628K forbearance fee to note
Exchanged 232,786 shares at $1.22/share to reduce $1.495M Note principal by $284,000.
Outstanding senior secured debt ~$4.86M; converts into Class A common stock at 95% of prior day's close, floor $2.50.
Issued $2.5M senior secured convertible note on Oct 8, 2025, with 10% OID and 10% interest; matures Oct 8, 2026.
Banzai International issues $2M convertible note to YA II PN; receives $890K initially
Convertible promissory note of $2M principal; $890K received after 10% discount and fees.
Banzai enters $7.5M at-the-market equity offering agreement with H.C. Wainwright
ATM agreement with H.C. Wainwright to sell Class A common stock up to $7,525,033.
Banzai International issues additional $2.2M convertible note in second closing
Issued $2.2M additional senior secured convertible note with 10% OID and 10% interest, maturing Aug 19, 2026.
Banzai amends 8-K to correct note maturity from 18 to 12 months; $11M note issued June 30
Corrected note maturity from 18 to 12 months; notes mature June 30, 2026.
Banzai appoints Dean Ditto as CFO, replacing Interim CFO Alvin Yip
Dean Ditto named CFO effective July 14, 2025; Alvin Yip becomes Chief Accounting Officer.
Reverse split effective July 8, 2025; pre-split Class A shares: 22,374,739; post-split approx 2,237,474.
Banzai to effect 1-for-10 reverse stock split on July 8, 2025 to maintain Nasdaq listing
Reverse stock split at ratio 1-for-10 for Class A and Class B common stock.
Banzai shareholders approve 1-for-10 reverse stock split at special meeting
At special meeting on June 27, 2025, shareholders voted 25,320,879 For, 242,880 Against, 4,919 Abstain to approve amendment.
Banzai merger with Act-On terminated; company owes $1.38M in fees
Act-On terminated the merger agreement on June 6, 2025, citing market conditions.
Banzai replaces auditor Marcum with Bush & Associates; prior reports had going concern doubt
Dismissed Marcum LLP as independent auditor effective April 22, 2025; engaged Bush & Associates CPA LLC for FY2025.
Vidello FY2024 (Mar 31) revenue $5.51M vs $3.46M prior year; net income $1.53M vs $572K.
Banzai Q4 adjusted net loss improves to $1.4M; pro-forma FY revenue $16.7M, up 267%
Consolidated pro-forma FY2024 revenue $16.7M (267% growth vs stand-alone FY2023).
Banzai International closes $4M subordinated loan at 44% interest due Nov 2025
Aggregate principal $4,000,000; net proceeds $2,044,105 after fees and prepayment of $1,755,895 existing Dec 2024 note.
Banzai shareholders approve all proposals; CEO discloses ~$44M revenue for acquisitions
All five proposals approved at Feb 28 special meeting with >99% votes in favor: merger issuance, private financing, written consent, equity plan increase, adjournment.
OpenReel (acquired by Banzai) shows $7.5M revenue, $1.3M net loss for FY 2023
OpenReel FY 2023 net revenue $7.5M, net loss $1.3M; total assets $3.3M, stockholders' deficit $1.35M.
Banzai regains full compliance with Nasdaq minimum equity rule; avoids delisting
Received Nasdaq confirmation on Feb 12, 2025, of compliance with Listing Rule 5550(b)(1).
Banzai enters $3.5M convertible note at $2.00/share, 10% OID, with YA II PN
Principal $3.5M; 10% original issue discount (net proceeds ~$3.15M); received Jan 31, 2025.
Banzai closes Vidello acquisition, issues $3.5M convertible note with YA II PN
Closed acquisition of Vidello Limited on Jan 31, 2025 for $2.745M cash ($2.5M held back for indemnification) and 898,204 shares of Class A common stock.
Banzai signs deal to acquire Act-On Software for $53.2M; pro forma revenue to $44M
Aggregate enterprise value of $53.2M: $33.2M in stock/warrants plus $20M cash.
Banzai signs acquisition of Vidello for up to $7M; adds $6.5M revenue, $2.3M EBITDA (TTM Sep 2024)
Total consideration up to $7M: $5.5M cash + $1.5M in Banzai common stock or pre-funded warrants.
Banzai completes OpenReel acquisition for $19.6M, expects to exceed $10M FY2024 revenue guidance
Closed Dec 18, 2024; total consideration $19.6M via 930,558 Class A shares and 11,769,501 pre-funded warrants.
On Dec 10, 2024, Banzai entered merger agreement with OpenReel (ClearDoc, Inc.) to issue shares to OpenReel stockholders.
Banzai to acquire OpenReel for $19.6M in stock/warrants; pro forma TTM revenue $10.9M
Acquisition consideration of $19.6M in BNZI Class A common stock and/or pre-funded warrants.
Banzai International holds Q3 2024 earnings call; transcript filed
CEO Joe Davy and Interim CFO Alvin Yip hosted the Nov. 14 conference call.
Banzai regains compliance with Nasdaq MVPHS requirement for Capital Markets listing
On Nov 7, 2024, Nasdaq confirmed Banzai's MVPHS was $1M+ for 10 consecutive days (Oct 24-Nov 6), regaining compliance.
Banzai prelim Q3 adjusted net loss improves 80% sequentially; ARR grows 31% annualized
Adjusted Net Loss of (~$0.9M) vs Q2 loss of ($4.5M), a $3.6M sequential improvement.
Transfer from Nasdaq Global Market to Capital Market effective Oct 31, 2024; symbol BNZI unchanged.
Banzai regains Nasdaq minimum bid price compliance; still faces MVLS deficiency
Received Nasdaq notice on Oct 18, 2024 confirming compliance with minimum bid price rule ($1.00) after 10 consecutive business days from Sept 19 to Oct 18.
Nasdaq panel grants Banzai extension to Jan 31 2025 but requires transfer to Capital Market
Company must apply for Nasdaq Capital Market listing by Oct 7, 2024.
Banzai issues 71,704 shares to cancel $467K debt; files amended loan agreement
Issued 71,704 Class A common shares to creditors in exchange for cancellation of $467,224.76 of debt.
Banzai closes $5M private placement; pays off Yorkville credit facility
Gross proceeds ~$5M; net proceeds ~$4.4M after fees and expenses.
Reduction in force of ~24 employees (34% of FTEs); expected to save ~$1.3M annually; restructuring charges ~$80k.
Banzai corrects prior 8-K misstatement; reverse stock split effective Sept 19 at 1:50 ratio
Corrects earlier 8-K: ticker will NOT carry 'D' designation for 20 days; symbol remains BNZI.
Banzai receives additional Nasdaq delisting notice for low bid price; hearing set for Sept 19
On Sept 16, Banzai received Nasdaq letter that stock closed at $0.10 or less for 10 consecutive days, triggering additional delisting basis.
Banzai International announces 1-for-50 reverse stock split effective Sep 19, 2024
Reverse stock split at 1-for-50 ratio, approved by board and shareholders; Nasdaq approved Sep 16.
Director Bill Bryant resigns from Banzai board and committees effective Sept 9, 2024
Bill Bryant resigned as director and from audit and compensation committees, effective September 9, 2024.
Banzai appoints former Goldman Sachs VP and Uber IR director Kent Schofield to board
Kent Schofield appointed as independent director effective September 3, 2024; board now has six members (five independent).
Banzai shareholders approve reverse stock split up to 1-for-50 at special meeting
Class A: 19,617,748 for, 1,759,744 against, 25,925 abstain; Class B: 23,111,340 for, 0 against, 0 abstain.
Banzai receives Nasdaq delisting notice for failure to meet $50M market value requirement
On August 6, 2024, Nasdaq notified Banzai it failed the $50M minimum Market Value of Listed Securities per Rule 5450(b)(2)(A).
On September 9, 2024, Mr. Bill Bryant resigned from his positions as a director of the board of directors (the " Board ") of the Company
On August 26, 2024, the Board of Directors (the “Board”) of Banzai International, Inc. (the “Company”) increased the size of the Board by one pursuant to provisions in the Second Amended and Restated Certificate of Incorporation and the Second Amended and Restated Bylaws of the Company and selected Mr. Kent Schofield to fill the vacancy on the Board resulting from the increase in the authorized number of directors.
On June 5, 2024, Mark Musburger advised Banzai International, Inc. of his decision to resign from his position as Chief Financial Officer.
Upon Mr. Musburger’s departure, Alvin Yip will be assuming the role of interim CFO.
On May 29, 2024, Ashley Levesque advised Banzai International, Inc. of her decision to resign from her position as Vice President of Marketing.
On December 14, 2023, following the closing of the Business Combination, the board of directors of the Company (the “Board”) appointed Mr. Mark Musburger, age 59, as Chief Financial Officer.
Max materiality 0.85 · Median 0.60 · Most common event other_material