Banzai International has priced a firm commitment underwritten public offering expected to generate approximately $0.9 million in gross proceeds before underwriting fees and other expenses. The offering consists of 327,273 shares of Class A common stock at a public offering price of $2.75 per share, with closing anticipated on or about July 14, 2026, subject to customary conditions. The company intends to use the net proceeds for working capital and general corporate purposes. Aegis Capital Corp. is acting as sole bookrunner and has a 45-day option to purchase up to 36,364 additional shares to cover over-allotments.
Banzai International IncCompany prices a dilutive underwritten public offering of 327,273 shares at $2.75, raising only $0.9M, indicating capital needs and dilution.