Banzai International
BNZI
Market cap $12.5M

3.56 USD

-0.61

14.63%

At close Oct 4, 4:00 PM EDT

After hours

3.53

-0.03

0.84%

1 day

-14.63%

5 days

-36.43%

1 month

-11.44%

3 months

-53.16%

6 months

-86.05%

Year to date

-95.55%

1 year

-98.90%

5 years

-98.90%

About: Banzai International Inc is a marketing technology (MarTech) company that produces data-driven marketing and sales solutions for businesses of all sizes. Its mission is to help its customers accomplish their mission by enabling better marketing, sales and customer engagement outcomes. The company sells its products using a recurring subscription license model typical in SaaS businesses. Pricing tiers for its main product, Demio, are based on the number of host-capable users, desired feature sets, and maximum audience size.

Employees: 13

Information Technology Prepackaged Software

0

Funds holding %

of 6,728 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

150% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 2

100% more repeat investments, than reductions

Existing positions increased: 2 | Existing positions reduced: 1

25% more funds holding

Funds holding: 12 [Q1] → 15 (+3) [Q2]

4.03% less ownership

Funds ownership: 10.69% [Q1] → 6.66% (-4.03%) [Q2]

72% less capital invested

Capital invested by funds: $985K [Q1] → $278K (-$708K) [Q2]

See Fund Rankings

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target

$125

3,411%

upside

Avg. target

$125

3,411%

upside

High target

$125

3,411%

upside

1 analyst rating

1 positive

100%

0 neutral

0%

0 negative

0%

Ascendiant Capital

Edward Woo

38% 1-year accuracy

18 / 48 met price target

3,411%upside

$125

Buy

Maintained

29 Aug 2024

See Analyst Rankings

Financial journalist opinion

Based on 8 articles about BNZI published over the past 30 days

Banzai Granted Extension by Nasdaq Hearing Panel to Regain Compliance with Continued Listing Requirements

SEATTLE, Oct. 02, 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 that it received notice from the Nasdaq Listing Qualifications Panel (the “Hearings Panel”) of The Nasdaq Stock Market LLC (“Nasdaq”) that the Hearings Panel has granted the Company's request to continue its listing on The Nasdaq Stock Market, subject to the Company meeting certain conditions, including filing on or before October 7, 2024, an application for listing on The Nasdaq Capital Market, and demonstrating compliance on or before January 31, 2025 with Listing Rules 5550(a)(2), 5550(a)(5) and 5550(b)(1). The Company is in violation of the bid price requirement of Nasdaq Listing Rule 5450(a)(1) (the “Bid Price Rule”) and the market value of listed securities (“MVLS”) requirement in Listing Rule 5450(b)(2)(A) (the “MVLS Rule”).

Banzai Granted Extension by Nasdaq Hearing Panel to Regain Compliance with Continued Listing Requirements

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).

Banzai Announces Closing of $5 Million Private Placement Priced At-The-Market Under Nasdaq Rules

Banzai Announces $5 Million Private Placement Priced At-The-Market Under Nasdaq Rules

SEATTLE, Sept. 24, 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 that it has entered into definitive agreements 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) and accompanying warrants in a private placement priced at-the-market under the rules of the Nasdaq Stock Market. The Series A and the short-term Series B warrants will have an exercise price of $4.00 per share and will be exercisable immediately upon issuance. The Series A warrants will expire five years from the issuance date and the short-term Series B warrants will expire 18 months from the issuance date. The closing of the offering is expected to occur on or about September 26, 2024, subject to the satisfaction of customary closing conditions.

Banzai Announces $5 Million Private Placement Priced At-The-Market Under Nasdaq Rules

Banzai Announces $24.8 Million Debt Payoff and Restructuring Agreements with Participation from Company Insiders

Agreements to Significantly Improve Balance Sheet by Reducing Total Debt, Deferring Principal and Interest Payments, and Substantially Lowering Near-Term Cash Needs SEATTLE, Sept. 24, 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 that it entered into agreements with lenders and service providers to write off up to $5.6 million of outstanding liabilities and restructure a further $19.2 million of its existing debt obligations, improving the Company's overall financial position by amending certain credit obligations and extending the maturity of certain debt facilities.

Banzai Announces $24.8 Million Debt Payoff and Restructuring Agreements with Participation from Company Insiders

Banzai to Host Shareholder Update Conference Call Webcast on Tuesday, October 1, 2024 at 11:00 a.m. Eastern Time

SEATTLE, Sept. 23, 2024 (GLOBE NEWSWIRE) -- Banzai International, Inc. (NASDAQ: BNZI) (“Banzai” or the “Company”), a leading marketing technology company that provides essential marketing and sales solutions, will hold a conference call webcast on Tuesday, October 1, 2024 at 11:00 a.m. Eastern time to discuss recent announcements, review ongoing initiatives, and anticipated 2024 milestones.

Banzai to Host Shareholder Update Conference Call Webcast on Tuesday, October 1, 2024 at 11:00 a.m. Eastern Time

Banzai Announces Reverse Split to Regain NASDAQ Compliance

SEATTLE, Sept. 19, 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 that effective at 12:01 a.m.

Banzai Announces Reverse Split to Regain NASDAQ Compliance

Banzai Adds 179 Customers in August 2024 as New Technology Improvements Drive Growth

Strong Organic Growth as Company Focuses on Scaling AI-Powered Demand Generation Platform SEATTLE, Sept. 17, 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 addition of 147 customers in August 2024, for a total of 1,434 in 2024, demonstrating strong organic growth and customer loyalty for its AI-driven platform of essential MarTech data, analytics, and data-driven applications.

Banzai Adds 179 Customers in August 2024 as New Technology Improvements Drive Growth

Banzai Appoints Kent Schofield to Board of Directors

Former Goldman Sachs and Uber Executive Brings Over 20 Years of Finance and Corporate Strategy Experience SEATTLE, Sept. 09, 2024 (GLOBE NEWSWIRE) -- Banzai International, Inc.

Banzai Appoints Kent Schofield to Board of Directors

Banzai to Present at H.C. Wainwright 26th Annual Global Investment Conference

SEATTLE, Sept. 04, 2024 (GLOBE NEWSWIRE) -- Banzai International, Inc. (NASDAQ: BNZI) (“Banzai” or the “Company”), a leading marketing technology company that provides essential marketing and sales solutions, will participate at the H.C.

Banzai to Present at H.C. Wainwright 26th Annual Global Investment Conference

Banzai Releases Enhanced Demio HubSpot Integration, Delivering a Seamless Experience

New Updates Focus on Transforming Webinar Data Management with Advanced Synchronization and Tracking New Updates Focus on Transforming Webinar Data Management with Advanced Synchronization and Tracking

Banzai Releases Enhanced Demio HubSpot Integration, Delivering a Seamless Experience

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