Mergers & Acquisitions ·
Banzai International, Inc. entered into an Asset Purchase Agreement to acquire the assets of ConnectAndSell, Inc., a…
BNZIWBanzai International, Inc.
Banzai International, Inc. entered into an Asset Purchase Agreement to acquire the assets of ConnectAndSell, Inc., a sales enablement software and AI company, for an aggregate consideration involving cash, common stock, and a $1.8 million promissory note. Additionally, the company secured a $2.1 million subordinated secured promissory note from Agile Lending, LLC, receiving $2 million in net proceeds. Banzai International, Inc. operates in the technology sector, providing software and AI solutions for sales enablement.