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Banzai International Inc. - $VII STOCK NEWS

Welcome to our dedicated page for Banzai International news (Ticker: $VII), a resource for investors and traders seeking the latest updates and insights on Banzai International stock.

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Rhea-AI Summary
Banzai International, Inc. (NASDAQ: BNZI) will list its Class A common stock and warrants on Nasdaq under ticker symbols 'BNZI' and 'BNZIW', respectively, on December 15, 2023. The business combination with 7GC & Co. Holdings Inc. was approved, and the combined company will operate under the name 'Banzai International, Inc.' Banzai aims to consolidate the fragmented Marketing Technology industry and accelerate its growth strategy as a publicly traded company.
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7GC & Co. Holdings Inc. (NASDAQ: VII) and Banzai International, Inc. announce a special meeting of stockholders on December 5, 2023, to approve a proposed business combination. The U.S. Securities and Exchange Commission has declared effective the registration statement on Form S-4 in connection with the Business Combination. The record date is set for October 27, 2023, and the meeting date for the Special Meeting is December 5, 2023. Stockholders must exercise their redemption rights by December 1, 2023. Upon closing of the Business Combination, the combined company will be named Banzai International, Inc., and its Class A common stock and warrants are expected to trade on the Nasdaq Capital Market under the ticker symbols “BNZI” and “BNZIW”.
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7GC & Co. Holdings Inc. files registration statement for proposed business combination with Banzai International, Inc.
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Banzai International and 7GC & Co. Holdings have entered into an amendment to their business combination agreement. The amendment removes the requirement for Banzai's acquisition of Hyros Inc., changes the total consideration payable to Banzai stockholders to $100 million, extends the closing date to December 28, 2023, and replaces the minimum aggregate transaction proceeds condition with a minimum net cash closing condition of $5 million. The Sponsor of 7GC agreed to forfeit all its private placement warrants at the closing of the Business Combination.
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Banzai International Inc.

Nasdaq:VII

VII Rankings

VII Stock Data

98.79M
3.33M
Shell Companies
Financial Services
Link
United States
San Francisco

About VII

7gc & co holdings is a partnership between 7gc, a technology growth fund based in san francisco, california and berlin, germany and hennessy capital, a leading independent spac sponsor based in wilson, wyoming and los angeles, california. 7gc’s mission is to invest in emerging global internet category winners by leveraging its value-adding expertise and proprietary network between the u.s. and europe. founded in 2016, dr. steffen pauls and jack leeney have built a top-decile track-record by investing into category-defining technology businesses. hennessy capital is an alternative investment firm founded in 2013 by daniel j. hennessy. since its founding, hennessy capital has been one of the leading independent spac sponsors, having raised, together with its managing partners, a total of six spacs since 2013 aggregating over $1 billion of equity. hennessy capital’s mission is to be a strategic growth partner for founders, management, employees and shareholders. our team is complem