Banzai International Files 8-K on Financials and Other Events
Ticker: BNZIW · Form: 8-K · Filed: May 16, 2024 · CIK: 1826011
Sentiment: neutral
Topics: financial-condition, other-events, filing
TL;DR
Banzai Intl (BNZI) dropped an 8-K detailing financial condition changes and other events. Check it out.
AI Summary
Banzai International, Inc. filed an 8-K on May 16, 2024, reporting on events that occurred on May 15, 2024. The filing indicates a change in the company's financial condition and other events, including the filing of financial statements and exhibits. The company, formerly known as 7GC & Co. Holdings Inc., is incorporated in Delaware and headquartered in Bainbridge Island, Washington.
Why It Matters
This 8-K filing provides crucial updates on Banzai International's financial condition and significant corporate events, which are important for investors to assess the company's current status and future prospects.
Risk Assessment
Risk Level: medium — 8-K filings often contain material information that can significantly impact a company's stock price, requiring careful investor review.
Key Players & Entities
- Banzai International, Inc. (company) — Registrant
- 7GC & Co. Holdings Inc. (company) — Former company name
- May 15, 2024 (date) — Date of earliest event reported
- May 16, 2024 (date) — Date of report
- Delaware (jurisdiction) — State of incorporation
- Bainbridge Island, Washington (location) — Business and mail address
FAQ
What specific events are detailed in the 8-K filing?
The filing indicates events related to the company's Results of Operations and Financial Condition, as well as Other Events, and includes Financial Statements and Exhibits.
When was Banzai International, Inc. previously known by another name?
The company was formerly known as 7GC & Co. Holdings Inc., with a name change date of September 24, 2020.
What is the business address of Banzai International, Inc.?
The business address is 435 Ericksen Ave, Suite 250, Bainbridge Island, Washington 98110.
What is the SIC code for Banzai International, Inc.?
The Standard Industrial Classification (SIC) code is 7372, which corresponds to SERVICES-PREPACKAGED SOFTWARE.
What is the fiscal year end for Banzai International, Inc.?
The fiscal year end for Banzai International, Inc. is December 31.
Filing Stats: 1,505 words · 6 min read · ~5 pages · Grade level 11.5 · Accepted 2024-05-16 06:05:05
Key Financial Figures
- $0.0001 — stered Class A common stock, par value $0.0001 per share BNZI The Nasdaq Global Ma
- $11.50 B — A common stock at an exercise price of $11.50 BNZIW The Nasdaq Capital Market Indica
- $2,000,000 — missory note in the principal amount of $2,000,000 issued to Yorkville on December 14, 202
- $1,500,000 — missory note in the principal amount of $1,500,000 issued to Yorkville on March 26, 2024 (
- $2,700,000 — the date hereof, there is an aggregate $2,700,000 outstanding under the Promissory Notes.
- $200,000 — sing of the Offering and to satisfy the $200,000 payment premium due in connection with
Filing Documents
- d842344d8k.htm (8-K) — 79KB
- d842344dex991.htm (EX-99.1) — 78KB
- d842344dex992.htm (EX-99.2) — 15KB
- g842344g0516111321746.jpg (GRAPHIC) — 3KB
- 0001193125-24-139915.txt ( ) — 355KB
- bnzi-20240515.xsd (EX-101.SCH) — 3KB
- bnzi-20240515_def.xml (EX-101.DEF) — 14KB
- bnzi-20240515_lab.xml (EX-101.LAB) — 23KB
- bnzi-20240515_pre.xml (EX-101.PRE) — 14KB
- d842344d8k_htm.xml (XML) — 6KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 99.1 Press Release dated May 15, 2024. 99.2 Debt Repayment Agreement, dated as of May 3, 2024, by and among the Company and Yorkville. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: May 15, 2024 BANZAI INTERNATIONAL, INC. By: /s/ Joseph Davy Joseph Davy Chief Executive Officer