Banzai International, Inc. Files 8-K for Material Agreement

TL;DR

Banzai Int'l (BNZI) filed an 8-K on 5/22 for a material definitive agreement.

AI Summary

Banzai International, Inc. entered into a Material Definitive Agreement on May 22, 2024. The company, formerly known as 7GC & Co. Holdings Inc., is a prepackaged software services provider incorporated in Delaware. The filing also indicates other events and financial statements/exhibits were included.

Why It Matters

This 8-K filing signals a significant development for Banzai International, Inc., potentially impacting its business operations and financial standing.

Risk Assessment

Risk Level: medium — Material definitive agreements can introduce new risks or opportunities that may affect the company's future performance.

Key Numbers

• 001-39826 — SEC File Number (Identifies the company's filing with the SEC)
• 85-3118980 — IRS Employer Identification No. (Tax identification number for the company)

Key Players & Entities

• Banzai International, Inc. (company) — Registrant
• 7GC & Co. Holdings Inc. (company) — Former company name
• May 22, 2024 (date) — Date of earliest event reported
• Delaware (jurisdiction) — State of incorporation
• Bainbridge Island, Washington (location) — Business and mailing address

FAQ

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
• $0.18 — rants "). The public offering price was $0.18 per share and accompanying Common Warra
• $0.1799 — are and accompanying Common Warrant, or $0.1799 per Pre-Funded Warrant and accompanying
• $25,000 — h Fee was reduced by an amount equal to $25,000 to be paid to the Company's financial a
• $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.
• $750,000 — fering ") and repayment of an aggregate $750,000 outstanding under the Promissory Notes
• $75,000 — sing of the Offering and to satisfy the $75,000 payment premium due in connection with

Filing Documents

• d647173d8k.htm (8-K) — 36KB
• d647173dex101.htm (EX-10.1) — 208KB
• d647173dex102.htm (EX-10.2) — 51KB
• d647173dex103.htm (EX-10.3) — 80KB
• d647173dex104.htm (EX-10.4) — 78KB
• d647173dex105.htm (EX-10.5) — 76KB
• d647173dex991.htm (EX-99.1) — 16KB
• 0001193125-24-148209.txt ( ) — 846KB
• bnzi-20240522.xsd (EX-101.SCH) — 3KB
• bnzi-20240522_def.xml (EX-101.DEF) — 14KB
• bnzi-20240522_lab.xml (EX-101.LAB) — 23KB
• bnzi-20240522_pre.xml (EX-101.PRE) — 14KB
• d647173d8k_htm.xml (XML) — 6KB

Financial Statements and Exhibits

Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 10.1 Form of Purchase Agreement. 10.2 Placement Agency Agreement. 10.3 Form of Common Warrant. 10.4 Form of Pre-Funded Warrant. 10.5 Placement Agent Warrant. 99.1 Amended and Restated Debt Repayment Agreement, dated as of May 22, 2024, by and between 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 28, 2024 BANZAI INTERNATIONAL, INC. By: /s/ Joseph Davy Joseph Davy Chief Executive Officer

View Full Filing

View this 8-K filing on SEC EDGAR