Business
Banzai Engages ShareIntel to Investigate Potentially Improper and Illegal Trading Activity in the Company’s Common Stock
SEATTLE, Dec. 04, 2024 (GLOBE NEWSWIRE) -- Banzai International, Inc. (NASDAQ: BNZI) (“Banzai” or the “Company”), a leading marketing technology company that
About this update from Banzai International, Inc.
[{"type":"text","content":"SEATTLE, Dec. 04, 2024 (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 engaged Shareholder Intelligence Services, LLC (“ShareIntel”) to review the trading history of the Company's common stock. ShareIntel utilizes a patented process called DRIL-Down™ to aggregate and analyze and monitor repository data from reporting entities, broker-dealers and shareholders. Banzai management intends to utilize ShareIntel’s trusted advisory services to implement action plans to monitor and address any abusive activity, including the investigation of potential trading violations involving the Company's stock, and litigation if warranted. “Banzai is partnering with ShareIntel as part of our efforts to ensure adherence to regulatory standards and protect our shareholders,” said Joe Davy, Founder and CEO of Banzai. “We look forward to reviewing ShareIntel’s data analysis and will deploy corrective action steps that may arise as a result of the investigation.” About Shareholder Intelligence Services, LLC ShareIntel is a compliance driven SAAS retained by public companies to obtain, aggregate, track and analyze shareholder trading and settlement data. This patented process is managed through its \"Data Repository Information Link\" system DRIL-Down™. The ShareIntel solution empowers public company CEO's, CFO's, IRO's, Corporate Secretaries & General Council with tools and analysis to help better manage investment banking, investor relations, shareholder outreach efforts and more. ShareIntel provides actionable intelligence, which enables public company officers and directors to fulfill fiduciary best practices. For more information, please visit www.shareintel.com. 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 customers include Cisco, New York Life, Hewlett Packard Enterprise, Thermo Fisher Scientific, Thinkific, Doodle and ActiveCampaign, among thousands of others. Learn more at www.banzai.io. For investors, please visit https://ir...