
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.
Price Impact
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