Business

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

articleBanzai International, Inc.October 14, 20254/company/banzai-international-inc/news/banzai-announces-institutional-investor-increases-123100939
Banzai Announces Institutional Investor Increases Direct Equity Stake to 18.7% Following Exercise of Warrants

About this update from Banzai International, Inc.

[{"type":"image","alt":"Banzai International, Inc.","displaySize":"","headline":null,"caption":"Banzai International, Inc.","className":"","disableSlideshowImg":false,"size":{"original":{"width":150,"height":35,"url":"https://media.zenfs.com/en/globenewswire.com/72c297008a5be6af58a242da137f9a68"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/rzELSBzpVdAYY3hq4jTJkg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTIxMDtoPTQ5O2NmPXdlYnA-/https://media.zenfs.com/en/globenewswire.com/72c297008a5be6af58a242da137f9a68","width":150,"height":35}},"lazy":false},{"type":"text","content":"Institutional Investor Exercises Pre-Funded Warrants Acquired as Part of ClearDoc, Inc. Acquisition","length":99,"tagName":"p"},{"type":"text","content":"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.","length":414,"tagName":"p"},{"type":"text","content":"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. Pursuant to that issuance, the Investor acquired 49,996 shares of Class A Common Stock and 1,176,950 Pre-Funded Warrants with an exercise price of $0.001 per share. The Investor has not sold any shares issued under the private placement to date.","length":440,"tagName":"p"},{"type":"text","content":"On October 9, 2025, the Investor net exercised all of its Pre-Funded Warrants on a cashless basis. Following this exercise, all Pre-Funded Warrants issued in connection with the ClearDoc, Inc. acquisition have been exercised. Following the exercise, the Investor‘s beneficial ownership position increased to approximately 18.7% of the Company’s outstanding Class A Common Stock.","length":378,"tagName":"p"},{"type":"text","content":"“This warrant exercise by a key institutional shareholder demonstrates the continued confidence in our long-term strategy,” Joe Davy, Founder and CEO of Banzai. “We continue to appreciate the long-term support from all stakeholders.”","length":233,"tagName":"p"},{"type":"te...

More updates from Banzai International, Inc.

Banzai International, Inc.ClearDoc, Inc.Forward-Looking Statementsthe Companythe InvestorCompanyInvestor