Banzai International, Inc. has been actively engaged in a series of corporate events throughout 2023 and 2024, aimed at restructuring and financing its operations. The company filed a registration statement with the SEC on October 16, 2024, following a series of strategic moves. These included the completion of a Business Combination with Legacy Banzai, which is now a wholly-owned subsidiary, and the implementation of a 1-for-50 reverse stock split effective September 19, 2024. To raise capital, Banzai International conducted private placements through a public offering and with institutional investors. The company also entered into resale agreements for its common stock and issued convertible promissory notes and warrants. Post-Business Combination, lock-up agreements were established with certain shareholders. Banzai International registered additional shares for potential future sales and issued shares as compensation for services. Furthermore, the company converted outstanding promissory notes and reorganized debt into shares of Class A Common Stock, indicating a significant reconfiguration of its financial structure.

Banzai International, Inc. has been actively engaged in a series of corporate events throughout 2023 and 2024, aimed at restructuring and financing its operations. The company filed a registration statement with the SEC on October 16, 2024, following a series of strategic moves. These included the completion of a Business Combination with Legacy Banzai, which is now a wholly-owned subsidiary, and the implementation of a 1-for-50 reverse stock split effective September 19, 2024. To raise capital, Banzai International conducted private placements through a public offering and with institutional investors. The company also entered into resale agreements for its common stock and issued convertible promissory notes and warrants. Post-Business Combination, lock-up agreements were established with certain shareholders. Banzai International registered additional shares for potential future sales and issued shares as compensation for services. Furthermore, the company converted outstanding promissory notes and reorganized debt into shares of Class A Common Stock, indicating a significant reconfiguration of its financial structure.