CP BF Lending discloses 24.8% BNZI stake via convertible notes in Banzai International (BNZI)
Rhea-AI Filing Summary
CP BF Lending, LLC reports beneficial ownership of 1,079,713 shares of Banzai International, Inc. Class A common stock, representing 24.8% of the class. This consists of 1,079,709 shares issuable upon conversion of convertible notes and 4 existing shares. The notes mature on February 19, 2027 and are currently convertible at a price equal to 95% of the Class A share price on the trading day before any conversion notice, subject to a $4.50 floor on a post–reverse-split basis. The percentage is based on 3,280,551 shares outstanding as of July 14, 2026 plus the shares issuable upon full note conversion, excluding any additional shares from accrued interest.
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Key Figures
Beneficially owned shares: 1,079,713 shares
Ownership percentage: 24.8%
Shares issuable on conversion: 1,079,709 shares
+4 more
7 metrics
Beneficially owned shares
1,079,713 shares
Total BNZI Class A shares beneficially owned by CP BF Lending, LLC
Ownership percentage
24.8%
Portion of BNZI Class A common stock deemed owned by CP BF Lending, LLC
Shares issuable on conversion
1,079,709 shares
BNZI Class A shares issuable upon full conversion of the Convertible Notes
Shares outstanding baseline
3,280,551 shares
BNZI Class A shares outstanding as of July 14, 2026
Conversion price floor
$4.50 per share
Floor price for conversion of the Convertible Notes on a post–reverse-split basis
Conversion discount
95% of prior-day price
Conversion price equals 95% of Class A share price before conversion notice
Maturity date
February 19, 2027
Maturity of BNZI Convertible Notes held by CP BF Lending, LLC
Key Terms
Convertible Notes, reverse stock split, floor price, beneficially owned
4 terms
Convertible Notes financial
"issuable upon conversion of convertible notes held of record by CP BF Lending, LLC"
Convertible notes are a type of short-term loan that a company receives from investors, which can later be turned into company shares instead of being paid back in cash. They matter to investors because they offer a way to support a company early on while giving the potential to own a stake in its success if the company grows and later raises more funding.
reverse stock split financial
"reflect the 1-for-20 reverse stock split (the "Reverse Split") effective"
A reverse stock split reduces a company's number of outstanding shares while raising the price per share proportionally, so the total value of each investor's holding is unchanged; a 1-for-10 split turns 100 shares worth $1 each into 10 shares worth $10 each. Companies often do this to regain compliance with an exchange's minimum price rule or to attract investors who avoid very low-priced stocks.
floor price financial
"subject to a floor price of $2.50"
The floor price is the minimum price at which a security, asset, or offering will be sold or accepted, acting like a seller’s “bottom line” or a reserve in an auction. For investors it matters because it sets a visible downside limit and can influence trading, valuation, and expectations of risk—like knowing there’s a safety net that a sale won’t go below a set level.
beneficially owned financial
"Amount beneficially owned: 1,079,713 shares of Class A Common Stock"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
FAQ
How much of Banzai International (BNZI) does CP BF Lending, LLC beneficially own?
CP BF Lending, LLC may be deemed to beneficially own 24.8% of Banzai International’s Class A common stock, based on 3,280,551 shares outstanding plus 1,079,709 shares issuable upon full conversion of its Convertible Notes.
What is the current conversion price structure of BNZI’s convertible notes held by CP BF Lending, LLC?
The conversion price equals 95% of the Class A share price on the trading day before any conversion notice, subject to a floor price of $4.50 per share on a post–reverse-split basis, as amended on May 15, 2026.
When do the BNZI convertible notes held by CP BF Lending, LLC mature?
The Convertible Notes held by CP BF Lending, LLC mature on February 19, 2027. Until maturity, they may be converted into BNZI Class A common stock under the amended pricing formula tied to the market price with a $4.50 floor.
AI-generated analysis. How Rhea-AI works. Not financial advice.