Banzai Secures New Debt Financing of up to $11.0 Million
Banzai International (NASDAQ: BNZI), a marketing technology company, has secured a new $11.0 million debt facility with an institutional investor. The financing includes an initial tranche of $2.2 million with a maturity date of June 30, 2026, bearing a 10% annual interest rate and secured by company assets.
The initial note is payable in cash or convertible into common shares at the holder's discretion at 115% of the stock price preceding the closing date. The company can access subsequent tranches subject to certain conditions. The proceeds will be used for working capital, acquisitions, and general corporate purposes. Rodman & Renshaw LLC served as the exclusive financial advisor for the transaction.
Banzai International (NASDAQ: BNZI), una società di tecnologia di marketing, ha ottenuto una nuova linea di credito da 11,0 milioni di dollari da un investitore istituzionale. Il finanziamento include una tranche iniziale di 2,2 milioni di dollari con scadenza il 30 giugno 2026, con un tasso di interesse annuo del 10% garantito dai beni aziendali.
La nota iniziale può essere rimborsata in contanti o convertita in azioni ordinarie a discrezione del detentore, al 115% del prezzo delle azioni precedente alla data di chiusura. L'azienda potrà accedere a tranche successive soggette a determinate condizioni. I proventi saranno utilizzati per il capitale circolante, acquisizioni e scopi aziendali generali. Rodman & Renshaw LLC ha agito come consulente finanziario esclusivo per l'operazione.
Banzai International (NASDAQ: BNZI), una empresa de tecnología de marketing, ha asegurado una nueva línea de crédito por 11,0 millones de dólares con un inversor institucional. El financiamiento incluye un tramo inicial de 2,2 millones de dólares con vencimiento el 30 de junio de 2026, con una tasa de interés anual del 10% garantizada por los activos de la empresa.
La nota inicial es pagadera en efectivo o convertible en acciones ordinarias a discreción del tenedor, al 115% del precio de la acción previo a la fecha de cierre. La compañía puede acceder a tramos posteriores sujetos a ciertas condiciones. Los fondos se utilizarán para capital de trabajo, adquisiciones y propósitos corporativos generales. Rodman & Renshaw LLC actuó como asesor financiero exclusivo para la transacción.
Banzai International (NASDAQ: BNZI)는 마케팅 기술 회사로서 기관 투자자와 함께 새로운 1,100만 달러 규모의 부채 시설을 확보했습니다. 이번 자금 조달에는 만기일이 2026년 6월 30일인 220만 달러의 초기 트랜치가 포함되며, 연 10%의 이자율이 적용되고 회사 자산으로 담보됩니다.
초기 채권은 현금으로 상환하거나 보유자의 선택에 따라 종가 기준 주가의 115% 가격으로 보통주로 전환할 수 있습니다. 회사는 특정 조건에 따라 후속 트랜치도 이용할 수 있습니다. 자금은 운전자본, 인수 및 일반 기업 목적에 사용될 예정입니다. Rodman & Renshaw LLC가 이 거래의 독점 금융 자문사 역할을 했습니다.
Banzai International (NASDAQ: BNZI), une entreprise de technologie marketing, a obtenu une nouvelle facilité de dette de 11,0 millions de dollars auprès d'un investisseur institutionnel. Le financement comprend une tranche initiale de 2,2 millions de dollars arrivant à échéance le 30 juin 2026, avec un taux d'intérêt annuel de 10% garanti par les actifs de la société.
La note initiale est remboursable en espèces ou convertible en actions ordinaires à la discrétion du détenteur, au 115% du cours de l'action précédant la date de clôture. La société peut accéder à des tranches ultérieures sous certaines conditions. Les fonds seront utilisés pour le fonds de roulement, les acquisitions et les besoins généraux de l'entreprise. Rodman & Renshaw LLC a agi en tant que conseiller financier exclusif pour cette transaction.
Banzai International (NASDAQ: BNZI), ein Marketing-Technologieunternehmen, hat eine neue Schuldenfazilität in Höhe von 11,0 Millionen US-Dollar mit einem institutionellen Investor gesichert. Die Finanzierung umfasst eine anfängliche Tranche von 2,2 Millionen US-Dollar mit Fälligkeit am 30. Juni 2026, die mit einem jährlichen Zinssatz von 10% versehen und durch Unternehmensvermögen besichert ist.
Die anfängliche Schuldverschreibung ist entweder in bar zahlbar oder kann nach Ermessen des Inhabers in Stammaktien zum 115% des Aktienkurses vor dem Abschlussdatum umgewandelt werden. Das Unternehmen kann unter bestimmten Bedingungen auf nachfolgende Tranchen zugreifen. Die Erlöse werden für Betriebskapital, Akquisitionen und allgemeine Unternehmenszwecke verwendet. Rodman & Renshaw LLC fungierte als exklusiver Finanzberater für die Transaktion.
- Secured $11.0 million debt facility providing additional financial flexibility
- Initial $2.2 million tranche immediately strengthens working capital
- Funding available for strategic acquisitions and growth initiatives
- Company maintains option to draw subsequent tranches
- High 10% annual interest rate on the debt
- Potential dilution risk from note conversion feature at 115% of stock price
- Company assets pledged as security for the debt
Insights
Banzai secures $11M debt facility with initial $2.2M at 10% interest, enhancing liquidity for acquisitions while increasing financial obligations.
Banzai's new
The financing terms reveal important nuances: the debt is secured by company assets, indicating the lender sought collateral protection. The convertibility option at
The phased access to capital (initial
Banzai's stated use of proceeds for working capital, acquisitions, and general corporate purposes provides management with broad deployment flexibility. The acquisition focus signals an inorganic growth strategy that could accelerate market expansion but will require effective integration to generate returns exceeding the
This financing represents a balancing act between enhanced operational liquidity and increased financial obligations. While providing capital for strategic initiatives, it also adds interest expenses and potential dilution if converted. The involvement of Rodman & Renshaw as financial advisor adds institutional credibility to the transaction.
Initial Financing Tranche of
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
The financing includes an initial tranche of
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 offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.
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 had over 90,000 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 is the size and purpose of Banzai's (BNZI) new debt financing?
What are the key terms of BNZI's initial financing tranche?
How can Banzai (BNZI) access the remaining debt facility amount?
When will Banzai (BNZI) file detailed information about the debt financing?
Who served as the financial advisor for Banzai's debt financing?
