Banzai International, Inc., a technology company incorporated in Delaware, has successfully completed an exempt offering of securities, according to a Form D notice filed with the U.S. Securities and Exchange Commission (SEC). The offering, which was not subject to review by the SEC for accuracy or completeness, was conducted under Rule 506(b) of the Securities Act, indicating that it was a private placement to accredited investors. The company, led by CEO Joe Davy, reported the first sale of securities on August 26, 2024, and declared the offering closed with the total offering amount sold reaching $10,789,223. The offering did not last more than one year and involved equity, options, warrants, or other rights to acquire another security, and convertible notes. Banzai International...Show More

Banzai International, Inc., a technology company incorporated in Delaware, has successfully completed an exempt offering of securities, according to a Form D notice filed with the U.S. Securities and Exchange Commission (SEC). The offering, which was not subject to review by the SEC for accuracy or completeness, was conducted under Rule 506(b) of the Securities Act, indicating that it was a private placement to accredited investors. The company, led by CEO Joe Davy, reported the first sale of securities on August 26, 2024, and declared the offering closed with the total offering amount sold reaching $10,789,223. The offering did not last more than one year and involved equity, options, warrants, or other rights to acquire another security, and convertible notes. Banzai International stated that none of the proceeds would be used for payments to its executive officers, directors, or promoters. The company's principal place of business is listed as Bainbridge Island, Washington, and the total number of investors in the offering was eight. No sales commissions or finders' fees were reported in connection with the offering.