News Summary:
Banzai International Inc. will host a conference call on March 31, 2026, to discuss its financial results for the fourth quarter ended December 31, 2025, and review ongoing initiatives. Previously, on March 11, 2026, Banzai published an Initial Statement of Beneficial Ownership (Form 3). Earlier, on February 12, 2026, Banzai announced it completed a series of private placement closings with an institutional investor between June 30, 2025, and February 13, 2026. These closings involved the issuance of senior secured convertible notes totaling approximately $9.23 million in original principal amount, alongside multiple tranches of stock purchase warrants. As part of these agreements, Banzai specifically completed an additional financing in a February closing, issuing a $2.33 million senior secured convertible note with a 10% original issue discount, 10% interest, a 12-month maturity, and an initial $1.11 conversion price, along with 420,420 warrants exercisable at $1.11 for three years. On the same date, an 8-K filing reported an additional closing that occurred on August 19, 2025, under the terms of a Purchase Agreement.
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