Banzai Announces Multi-Million Dollar Debt Financing Deal

Author: Henry Turner Updated: 07-01-2025 07:31 AM

Banzai Secures Significant Debt Financing

Banzai International, Inc. (NASDAQ: BNZI), recognized for its innovative marketing technology solutions, has recently completed a groundbreaking debt facility valued at up to $11 million with a major institutional investor. This new funding is geared towards facilitating acquisitions and bolstering the company's ongoing operations.

Initial Financing Tranche Details

The initial tranche of this financing amounts to $2.2 million. This Note is set to mature on June 30, 2026, and carries an interest rate of 10% per annum. It's secured by the company's assets, allowing for a strong backing for future endeavors. Notably, the principal of the Note can be payable in cash or converted into common shares at the holder's discretion, at a premium of 115% over the stock price immediately prior to closing.

Utilization of Proceeds

Banzai plans to allocate the proceeds from this facility primarily for working capital and strategic acquisitions. This financial boost is expected to enhance the company's ability to target new market opportunities while scaling its operations.

Advisory Support for the Deal

Rodman & Renshaw LLC served as the exclusive financial advisor for this important deal. Their expertise has been invaluable in structuring this financing to suit Banzai’s growth objectives.

Future Disclosure Plans

Further details regarding this financing agreement will be disclosed in a Current Report on Form 8-K, which Banzai intends to file to keep investors and stakeholders informed of developments.

About Banzai International, Inc.

Banzai is at the forefront of providing AI-enabled marketing and sales solutions tailored for businesses of all sizes. With over 90,000 customers, including high-profile names like RBC, Dell Technologies, and New York Life, Banzai has established itself as a significant player in the marketing technology sector. Their mission revolves around empowering businesses to effectively engage, target, and measure their customer base.

Conclusion

This new debt financing represents a strategic step for Banzai International, Inc. as it continues to evolve and expand its operations. With robust financial backing, the company is well-positioned to enhance its market impact and achieve sustained growth in the competitive landscape of marketing technology.

Frequently Asked Questions

What is the total amount of the new debt financing Banzai has secured?

Banzai has secured up to $11 million in debt financing.

How will the proceeds from the debt financing be utilized?

The proceeds will primarily be used for working capital and acquisitions.

When does the initial tranche of the financing mature?

The initial tranche of $2.2 million matures on June 30, 2026.

What interest rate is associated with the debt financing?

The financing bears an interest rate of 10% per annum.

Who acted as Banzai's financial advisor for this deal?

Rodman & Renshaw LLC acted as the exclusive financial advisor for Banzai International, Inc.

About The Author

Hi there, As a writer and financial specialist, Henry Turner is passionate about guiding people through the complex world of finance. Having worked in finance for many years, I am an expert at simplifying difficult financial ideas into understandable, useful insights for my blog and articles. My goal is to arm you with the confidence and information you need to make wise financial choices.

Writing for a number of financial blogs has allowed me to interact with readers from novice investors looking for fresh ideas to seasoned investors starting their financial journeys. My mission is to enable everyone to understand and access finance, so enabling you to confidently and clearly reach your financial goals. I appreciate you traveling with me toward success and financial literacy.

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