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GlobeNewsWire
19 days ago
Banzai Announces Institutional Investor Increases Direct Equity Stake to 18.7% Following Exercise of Warrants
Institutional Investor Exercises Pre-Funded Warrants Acquired as Part of ClearDoc, Inc. Acquisition SEATTLE, Oct. 14, 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 that it has issued 1,176,628 shares of Class A Common Stock to an institutional investor (the “Investor”), pursuant to the full exercise of its Pre-Funded Warrants received in December 2024. On December 18, 2024, as consideration for its acquisition of ClearDoc, Inc., the Company issued securities in a private placement to certain ClearDoc, Inc. shareholders, including the Investor.