Banzai Prices Public Offering to Raise $0.9M Gross Proceeds

Banzai International, Inc. announced the pricing of a firm commitment underwritten public offering. The offering consists of 327,273 shares of Class A common stock at a public offering price of $2.75 per share, expecting to generate approximately $0.9 million in gross proceeds. The net proceeds from the offering are intended for working capital and other general corporate purposes. Aegis Capital Corp. is acting as the Sole Bookrunner and has been granted an option to purchase additional shares to cover over-allotments.