On March 25, 2024, Banzai International, Inc., a Delaware-incorporated company listed on the Nasdaq Global Market under the symbol BNZI, held a Special Meeting of Stockholders to vote on two key proposals. The first proposal was to approve the issuance of shares of Class A common stock to Yorkville Advisors Global, LP, which could exceed 20% of the company's issued and outstanding Class A and Class B common stock, as per the Standby Equity Purchase Agreement dated December 14, 2023, and its subsequent amendment on February 5, 2024. The second proposal was to approve the adjournment of the Special Meeting, if necessary, to solicit additional proxies if there were insufficient votes to approve the first proposal. The stockholders approved both proposals, with 8,246,445 votes for and...Show More

On March 25, 2024, Banzai International, Inc., a Delaware-incorporated company listed on the Nasdaq Global Market under the symbol BNZI, held a Special Meeting of Stockholders to vote on two key proposals. The first proposal was to approve the issuance of shares of Class A common stock to Yorkville Advisors Global, LP, which could exceed 20% of the company's issued and outstanding Class A and Class B common stock, as per the Standby Equity Purchase Agreement dated December 14, 2023, and its subsequent amendment on February 5, 2024. The second proposal was to approve the adjournment of the Special Meeting, if necessary, to solicit additional proxies if there were insufficient votes to approve the first proposal. The stockholders approved both proposals, with 8,246,445 votes for and 165,542 against for Class A common stock, and 23,111,340 votes for Class B common stock on Proposal 1. Similarly, Proposal 2 received 8,246,469 votes for and 165,859 against for Class A common stock, with Class B common stock again unanimously in favor. The adjournment was not required as the first proposal passed. The meeting concluded with no further business.