Banzai International issues additional $1.1 million senior secured convertible notes in August 2026 closing

Reuters2026/08/13 12:29

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Banzai International completed an additional closing in its senior secured convertible notes offering, issuing a $1.1 million note.
The August 2026 note carries an initial conversion price of $1.96 per share, down from $2.75 in earlier tranches.
Total notes issued across all closings reached about $10.33 million, versus up to $11 million authorized under the purchase agreement.
The new note matures on Aug. 12, 2027.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Banzai International Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-037599), on August 13, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Banzai International issues additional $1.1 million senior secured convertible notes in August 2026 closing

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