StockWatch
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Computer Software: Prepackaged Software
Corporate ActionJul 14, 2026, 09:39 AM

Banzai International Closes $0.9M Public Offering

AI Summary

Banzai International, Inc. announced the closing of its previously announced underwritten public offering, generating gross proceeds of approximately $0.9 million before deducting underwriting fees and other expenses. The offering consisted of the sale of 327,273 shares of Class A common stock at a public offering price of $2.75 per share. The company intends to use the net proceeds from the offering for working capital and other general corporate purposes.

Key Highlights

  • Closed underwritten public offering on July 14, 2026.
  • Generated gross proceeds of approximately $0.9 million.
  • Sold 327,273 shares of Class A common stock.
  • Public offering price was $2.75 per share.
  • Net proceeds to be used for working capital and general corporate purposes.
  • Granted Aegis Capital Corp. a 45-day option for up to 36,364 additional shares.