Banzai Secures New Debt Financing of up to $11.0 Million

Initial Financing Tranche of $2.2 Million Provides Additional Operating Liquidity and Financial Flexibility to Support Acquisitions and Growth

SEATTLE, July 01, 2025 (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 completion of an $11.0 million dollar debt facility with an institutional investor to support acquisitions and ongoing operations.

The financing includes an initial tranche of $2.2 million (the "Note"), which matures on June 30, 2026, bears interest at 10% per annum, and is secured by the Company's assets. The principal amount of the Note is payable in cash or convertible in whole or in part into common shares at the holder's discretion at 115% of the price of the common stock immediately preceding the Closing Date. The company has the right to draw subsequent tranches, provided that certain conditions are met or waived.

Banzai intends to use the net proceeds from the facility for working capital, acquisitions, and general corporate purposes to support its future growth.

Rodman & Renshaw LLC acted as Exclusive Financial Advisor to Banzai.

Further details on the Note will be disclosed in a Current Report on Form 8-K that the Company intends to file with the SEC by July 3, 2025.

This press release shall not constitute an offer to sell or a solicitation of an ...