Banzai International, Inc. has announced a Special Meeting of Stockholders to be held virtually on March 25, 2024. The meeting will address two key proposals: the issuance of Class A common stock to Yorkville Advisors Global, LP, which may exceed 20% of the company's issued and outstanding Class A and Class B common stock, and the potential adjournment of the meeting if necessary to solicit additional proxies. The proposals are in accordance with Nasdaq Listing Rules 5635(b) and 5635(d), and the board of directors has unanimously recommended a vote in favor of both. The record date for determining stockholders entitled to vote was set as March 8, 2024. The company's CEO, Joe Davy, holds a significant voting power, representing approximately 60.6% of the total as of the record date. The meeting's outcomes could have implications for the company's capital structure and operational flexibility.

Banzai International, Inc. has announced a Special Meeting of Stockholders to be held virtually on March 25, 2024. The meeting will address two key proposals: the issuance of Class A common stock to Yorkville Advisors Global, LP, which may exceed 20% of the company's issued and outstanding Class A and Class B common stock, and the potential adjournment of the meeting if necessary to solicit additional proxies. The proposals are in accordance with Nasdaq Listing Rules 5635(b) and 5635(d), and the board of directors has unanimously recommended a vote in favor of both. The record date for determining stockholders entitled to vote was set as March 8, 2024. The company's CEO, Joe Davy, holds a significant voting power, representing approximately 60.6% of the total as of the record date. The meeting's outcomes could have implications for the company's capital structure and operational flexibility.