Banzai announces closing of $5 million private placement priced at-the-market under nasdaq rules

Seattle, sept. 26, 2024 (globe newswire) -- banzai international, inc. (nasdaq: bnzi) (“banzai” or the “company”), a leading marketing technology company that provides essential marketing and sales solutions, today announced the closing of its previously announced private placement priced at-the-market under the rules of the nasdaq stock market for the issuance and sale of an aggregate of 1,176,471 shares of class a common stock (or pre-funded warrant in lieu thereof), accompanying series a warrants to purchase up to 1,176,471 shares of class a common stock and accompanying short-term series b warrants to purchase up to 1,176,471 shares of class a common stock at a purchase price of $4.25 per share (or per pre-funded warrant in lieu thereof).
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