Banzai International Faces Delisting Concerns
Ticker: BNZIW · Form: 8-K · Filed: Oct 2, 2024 · CIK: 1826011
Sentiment: bearish
Topics: delisting, listing-standards, regulatory
Related Tickers: BNZI
TL;DR
BNZI might get delisted, check the filing for details.
AI Summary
Banzai International, Inc. filed an 8-K on October 2, 2024, reporting a notice of delisting or failure to satisfy a continued listing rule. The company, formerly known as 7GC & Co. Holdings Inc., is incorporated in Delaware and its fiscal year ends on December 31st. The filing also includes financial statements and exhibits.
Why It Matters
This filing indicates potential issues with Banzai International's continued listing on an exchange, which could significantly impact its stock price and investor confidence.
Risk Assessment
Risk Level: high — A notice of delisting or failure to meet listing standards poses a significant risk to the company's operations and stock value.
Key Players & Entities
- Banzai International, Inc. (company) — Registrant
- 7GC & Co. Holdings Inc. (company) — Former company name
- October 2, 2024 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of incorporation
- 001-39826 (identifier) — Commission File Number
FAQ
What specific listing rule or standard has Banzai International, Inc. failed to satisfy?
The filing indicates a 'Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard' but does not specify the exact rule in the provided text.
What is the date of the earliest event reported in this 8-K filing?
The date of the earliest event reported is October 2, 2024.
What was Banzai International, Inc.'s former company name?
Banzai International, Inc.'s former company name was 7GC & Co. Holdings Inc.
In which state is Banzai International, Inc. incorporated?
Banzai International, Inc. is incorporated in Delaware.
What is the Commission File Number for Banzai International, Inc.?
The Commission File Number for Banzai International, Inc. is 001-39826.
Filing Stats: 662 words · 3 min read · ~2 pages · Grade level 12.2 · Accepted 2024-10-02 09:00:27
Key Financial Figures
- $0.0001 — tered 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 Indic
Filing Documents
- form8-k.htm (8-K) — 46KB
- ex99-1.htm (EX-99.1) — 15KB
- ex99-1_001.jpg (GRAPHIC) — 20KB
- 0001493152-24-039131.txt ( ) — 315KB
- bnzi-20241002.xsd (EX-101.SCH) — 4KB
- bnzi-20241002_def.xml (EX-101.DEF) — 30KB
- bnzi-20241002_lab.xml (EX-101.LAB) — 36KB
- bnzi-20241002_pre.xml (EX-101.PRE) — 27KB
- form8-k_htm.xml (XML) — 6KB
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. Exhibit No. Description 99.1 Press Release 104 Cover Page Interactive Data File (the cover page XBRL tags are 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: October 2, 2024 BANZAI INTERNATIONAL, INC. By: /s/ Joseph Davy Joseph Davy Chief Executive Officer