Banzai Announces Agreement to Eliminate Senior Debt Through Payoff and Equity Conversion
Banzai (NASDAQ: BNZI) announced an agreement with senior debt holder CP BF Lending, LLC to pay off or convert the remaining senior secured debt balance of approximately $4.8 million into Class A common stock, including principal and accumulated interest.
Prior to this agreement, Banzai repaid about $5.3 million of the same senior secured debt. The company says the deal is intended to eliminate the remaining senior debt ahead of its February 2027 maturity, strengthen the balance sheet, reduce interest obligations, and support strategic growth initiatives.
Banzai (NASDAQ: BNZI) ha annunciato un accordo con il detentore del debito senior CP BF Lending, LLC per estinguere o convertire il saldo rimanente del debito senior garantito, approssimativamente di $4.8 milioni, in azioni ordinarie di Classe A, includendo capitale e interessi maturati.
Prima di questo accordo, Banzai ha rimborsato circa $5.3 milioni dello stesso debito senior garantito. L'azienda afferma che l'operazione è finalizzata a eliminare il debito senior rimanente prima della sua scadenza nel febbraio 2027, a rafforzare il bilancio, a ridurre gli oneri d'interesse e a supportare le iniziative di crescita strategica.
Banzai (NASDAQ: BNZI) anunció un acuerdo con el titular de la deuda senior CP BF Lending, LLC para pagar o convertir el saldo restante de la deuda garantizada senior de aproximadamente $4.8 millones en acciones comunes de Clase A, incluyendo el principal y los intereses acumulados.
Antes de este acuerdo, Banzai pagó unos $5.3 millones de la misma deuda garantizada senior. La empresa dice que el acuerdo tiene como objetivo eliminar la deuda senior restante antes de su vencimiento en febrero de 2027, fortalecer el balance, reducir las obligaciones de interés y apoyar iniciativas de crecimiento estratégico.
반자이(BNZI: NASDAQ)는 고위 채무 보유자 CP BF Lending, LLC와 남아 있는 1순위 담보부 채무 잔액을 $4.8백만 달러의 원금과 누적 이자를 포함하여 A급 보통주로 상환하거나 전환하기로 합의했습니다.
이 합의에 앞서 반자이는 같은 1순위 담보부 채무 중 약 $5.3백만 달러을 상환했습니다. 회사는 이 거래가 남아 있는 1순위 채무를 2027년 2월 만기 전에 청산하고 재무구조를 강화하며 이자 의무를 줄이고 전략적 성장 이니셔티브를 지원하기 위한 것이라고 밝혔습니다.
Banzai (NASDAQ: BNZI) a annoncé un accord avec le détenteur de la dette senior CP BF Lending, LLC pour rembourser ou convertir le solde restant de la dette garantie senior d’environ $4.8 millions en actions ordinaires de Classe A, y compris le principal et les intérêts accumulés.
Avant cet accord, Banzai a remboursé environ $5.3 millions de la même dette garantie senior. La société indique que l’accord vise à éliminer la dette senior restante avant son échéance en février 2027, à renforcer le bilan, à réduire les obligations d’intérêts et à soutenir les initiatives de croissance stratégique.
Banzai (NASDAQ: BNZI) kündigte eine Vereinbarung mit dem Senior-Debt-Inhaber CP BF Lending, LLC an, um den verbleibenden Saldo der vorrangigen besicherten Verschuldung von ca. $4.8 Millionen in Stammaktien der Klasse A zu tilgen oder umzuwandeln, einschließlich Kapital und aufgelaufener Zinsen.
Vor dieser Vereinbarung hat Banzai etwa $5.3 Millionen derselben vorrangigen besicherten Schulden zurückgezahlt. Das Unternehmen erklärt, dass das Geschäft darauf abzielt, die verbleibende vorrangige Schulden vor der Fälligkeit im Februar 2027 zu eliminieren, die Bilanz zu stärken, Zinsverpflichtungen zu senken und strategische Wachstumsinitiativen zu unterstützen.
Banzai (NASDAQ: BNZI) أعلن عن اتفاق مع صاحب الدين senior CP BF Lending, LLC لسداد أو تحويل الرصيد المتبقي من الدين المضمون الأول إلى أسهم عادية من الفئة A، بما في ذلك رأس المال والفوائد المتراكمة، حوالى $4.8 مليون.
قبل هذا الاتفاق، سددت Banzai نحو $5.3 مليون من نفس الدين المضمون الأول. وتقول الشركة إن الصفقة تهدف إلى تقليل الدين المضمون الأول المتبقي قبل تاريخ استحقاقه في فبراير 2027، وتقوية الوضع المالي، وتقليل الالتزامات الفائدة، ودعم مبادرات النمو الاستراتيجي.
Banzai (NASDAQ: BNZI) 宣布与高级债务持有方 CP BF Lending, LLC 达成协议，将剩余的高级担保债务余额约 $4.8 百万美元偿还或转换为 A 类普通股，包括本金和累计利息。
在此协议之前，Banzai 已偿还同一高级担保债务约 $5.3 百万美元。公司表示该交易旨在在 2027 年 2 月到期前清除剩余的高级债务，增强资产负债表，降低利息负担，并支持战略性增长举措。
- $4.8M senior debt slated for payoff or equity conversion
- Prior repayment of $5.3M toward Columbia Pacific senior debt
- Deal aims to reduce interest obligations and strengthen balance sheet
- Agreement targets elimination of debt ahead of Feb 2027 maturity
- Conversion into Class A common stock will increase share count
- Timing and final structure of conversion not fully specified
- Potential shareholder dilution from equity issuance is unresolved
Insights
Converting ~
The agreement converts or pays off the remaining senior secured debt of approximately
Key dependencies and risks include issuance-related dilution to existing shareholders and the specific conversion mechanics that determine how many shares are issued; those terms drive economic dilution and governance effects. The senior debt currently matures in
Watch for the final conversion terms, the exact share quantity issued, and any associated SEC filings or shareholder approvals over the coming weeks; these items will clarify dilution and capital-impact magnitude. Near-term horizon: expect material balance-sheet changes once the conversion completes ahead of the
New Agreement Will Eliminate Approximately
SEATTLE, Oct. 17, 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 senior debt holder CP BF Lending, LLC (“Columbia Pacific”) and the Company have executed a payoff and debt conversion agreement for the remaining principal balance of its outstanding senior secured debt, totaling approximately
Under the terms of the agreement, the Company will pay off or convert the remaining balance on Columbia Pacific’s senior secured debt into Class A common stock. The agreement includes both the principal amount of the debt and accumulated interest and will result in the elimination of the Company’s debt with Columbia Pacific when completed.
Prior to this new agreement, Banzai repaid approximately
"This agreement represents a major win in our plan to strengthen Banzai’s financial foundation. The decision by senior debt holders to convert into equity reflects a strong vote of confidence in Banzai's vision and trajectory," said Joe Davy, Founder and CEO of Banzai. "The debt conversion initiative is in tandem with other debt elimination initiatives. Strengthening our financial foundation will only improve Banzai’s ability to accelerate self-service subscriber growth, enterprise and mid-market expansion, and customer retention, all while continuing to focus on the continuous evolution of our product offerings. We remain committed to executing on our strategic objectives and delivering long-term value to customers and shareholders.”
About Banzai
Banzai is a marketing technology company that provides AI-enabled marketing and sales solutions for businesses of all sizes. On a mission to help their customers grow, Banzai enables companies of all sizes to target, engage, and measure both new and existing customers more effectively. Banzai has over 140,000 customers including RBC, Dell Technologies, New York Life, Thermo Fisher Scientific, Thinkific, and ActiveCampaign. Learn more at www.banzai.io. For investors, please visit https://ir.banzai.io.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements often use words such as “believe,” “may,” “will,” “estimate,” “target,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “propose,” “plan,” “project,” “forecast,” “predict,” “potential,” “seek,” “future,” “outlook,” and similar variations and expressions. Forward-looking statements are those that do not relate strictly to historical or current facts. Examples of forward-looking statements may include, among others, statements regarding Banzai International, Inc.’s (the “Company’s”): future financial, business and operating performance and goals; annualized recurring revenue and customer retention; ongoing, future or ability to maintain or improve its financial position, cash flows, and liquidity and its expected financial needs; potential financing and ability to obtain financing; acquisition strategy and proposed acquisitions and, if completed, their potential success and financial contributions; strategy and strategic goals, including being able to capitalize on opportunities; expectations relating to the Company’s industry, outlook and market trends; total addressable market and serviceable addressable market and related projections; plans, strategies and expectations for retaining existing or acquiring new customers, increasing revenue and executing growth initiatives; and product areas of focus and additional products that may be sold in the future. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Forward-looking statements are not guarantees of future performance, and our actual results of operations, financial condition and liquidity and development of the industry in which the Company operates may differ materially from those made in or suggested by the forward-looking statements. Therefore, investors should not rely on any of these forward-looking statements. Factors that may cause actual results to differ materially include changes in the markets in which the Company operates, customer demand, the financial markets, economic, business and regulatory and other factors, such as the Company’s ability to execute on its strategy. More detailed information about risk factors can be found in the Company’s Annual Report on Form 10-K and the Company’s Quarterly Reports on Form 10-Q under the heading “Risk Factors,” and in other reports filed by the Company, including reports on Form 8-K. The Company does not undertake any duty to update forward-looking statements after the date of this press release.
Investor Relations
Chris Tyson
Executive Vice President
MZ Group - MZ North America
949-491-8235
BNZI@mzgroup.us
www.mzgroup.us
Media
Nancy Norton
Chief Legal Officer, Banzai
media@banzai.io
FAQ
What did Banzai (BNZI) announce on October 17, 2025 regarding senior debt?
How much senior debt has Banzai repaid to Columbia Pacific before this October 2025 agreement?
When does the Columbia Pacific senior secured debt currently mature for BNZI?
What is the expected impact of the BNZI debt conversion on the balance sheet?
Will the BNZI debt conversion affect shareholders directly?
