Financing ·
Banzai International, Inc. closed a tranche of its senior secured convertible notes offering on August 12, 2026…
BNZIWBanzai International, Inc.
Banzai International, Inc. closed a tranche of its senior secured convertible notes offering on August 12, 2026, issuing $1,099,989 in principal amount with an initial conversion price and exercise price of $1.96 per share. The company received approximately $1,000,000 in net proceeds after fees, which will be used for general corporate purposes and working capital. This transaction includes warrants to purchase 112,531 shares and is part of a larger facility with an aggregate original principal amount of up to $11,000,000. Banzai International operates in the technology sector, providing digital marketing solutions.