Banzai International Inc

Earnings data Q1 2024

Earnings data Q4 2023

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Banzai International, Inc. engages in the provision of data-driven marketing and sales solutions. The company was founded by Joe Davy and Andy Linteau in 2016 and is headquartered in Bainbridge Island, WA.

SEATTLE, Nov. 19, 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 Demio, its AI-powered webinar platform, has been recognized with multiple accolades from the Gartner Digital Markets brands – Capterra, Software Advice, and GetApp.

Banzai's Demio Wins Multiple Recognitions from Gartner Digital Markets in 2024

Q3 2024 Annual Recurring Revenue Increased by 31% Annualized to $4.4 Million, a 7% Sequential Increase from Q2 2024 Q3 2024 Annualized Adjusted Net Loss Improved by $12.2 Million, a $3.0 Million Sequential Increase to ($1.45) Million, Bringing the Company Closer to Profitability Management to Host Third Quarter 2024 Results Conference Call Today, November 14, 2024 at 5:30 p.m. Eastern Time SEATTLE, Nov. 14, 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 reported financial results for the third quarter ended September 30, 2024.

Banzai Reports Third Quarter 2024 Financial Results; Annualized Adjusted Net Loss Improvement of $12.2 Million

SEATTLE, Nov. 11, 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 received notice from The Nasdaq Stock Market LLC ("Nasdaq") informing the Company that it has regained compliance with the minimum market value of publicly held shares (“MVPHS”) requirement under Nasdaq Listing Rule 5550(a)(5) (the "Rule") for continued listing.

Banzai Regains Compliance with Nasdaq Minimum Market Value of Publicly Held Shares Requirement

Management to Host Third Quarter 2024 Results Conference Call on Thursday, November 14, 2024 at 5:30 p.m. Eastern Time SEATTLE, Nov. 07, 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 preliminary select financial results for the third quarter ended September 30, 2024.

Banzai Q3 2024 Preliminary Financial Results: Profitability in Sight Following $14.5M Annualized Adjusted Net Income Improvement; 31% Annualized ARR Growth Rate

SEATTLE, Nov. 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, announces that it has received approval from the Listing Qualifications Department of the Nasdaq Stock Market ("Nasdaq") to transfer their listing to the Nasdaq Capital Market. The Company's securities were transferred from the Nasdaq Global Market to the Nasdaq Capital Market at the opening of business on October 31, 2024.

Banzai Announces Listing Transfer to Nasdaq Capital Market Pursuant to Nasdaq Compliance Plan

OpenAI-Powered Curate Automatically Writes and Publishes Newsletters, and Grows Subscribers SEATTLE, Oct. 31, 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 the launch of Curate , an AI-powered newsletter platform designed to streamline content creation and audience engagement for organizations of all sizes. Traditional newsletters require multiple professionals to write, edit, publish, and market.

Banzai Launches Curate: A Groundbreaking AI-Driven Newsletter Solution

SEATTLE, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Banzai International, Inc. (NASDAQ: BNZI) (“Banzai” or the “Company”), a leading marketing technology company that provides essential marketing and sales solutions, will hold a conference call on Thursday, November 14, 2024 at 5:30 p.m. Eastern time to discuss its results for the third quarter ended September 30, 2024, and will be reviewing expanding partnerships, and recent debt payoff and restructuring agreements.

Banzai to Host Third Quarter 2024 Results Conference Call on Thursday, November 14, 2024 at 5:30 p.m. Eastern Time

SEATTLE, Oct. 22, 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 received notice from The Nasdaq Stock Market LLC ("Nasdaq") informing the Company that it has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5450(a)(1) (the "Rule") for continued listing. To regain compliance with the Rule, the Company's Class A common stock was required to maintain a minimum closing bid price of $1.00 or more for at least 10 consecutive business days; on October 18, 2024, Nasdaq informed the Company it achieved compliance with such Rule.

Banzai Regains Compliance with NASDAQ Minimum Bid Price Rule

Simplified Workflows and Real-Time Insights with Account Engagement Integration in Demio Give Salesforce Users the Tools They Need to Enhance Their Webinar Strategy

Banzai Announces Expanded Partnership with Salesforce, Today's Industry Leading AI CRM Company for Smarter Webinar Campaigns

SEATTLE, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Banzai International, Inc. (NASDAQ: BNZI) (“Banzai” or the “Company”), a leading marketing technology company that provides essential marketing and sales solutions, has engaged international investor relations specialists MZ Group (MZ) to lead a comprehensive strategic investor relations and financial communications program across all key markets.

Banzai Engages MZ Group to Lead Strategic Investor Relations and Shareholder Communications Program

Banzai International Inc (NASDAQ: BNZI) rallied more than 120% on Wednesday after announcing strategic initiatives it hopes will improve its net income by a whopping $13.5 million by early 2025. The marketing technology company will lower its yearly operational costs by close to $10 million and cut other expenses as well by up to $3.

Banzai stock more than doubled on Wednesday: here's why

Plan Substantially Extends Cash Runway while Maintaining Growth Plan with Continued Investment in Software Platform and Marketing SEATTLE, Oct. 09, 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 a comprehensive initiative designed to significantly improve its Net Income while maintaining its growth outlook. The Company plans to accomplish this through a reduction of its annual operational expenses by up to $9.9 million by March 31, 2025, along with a reduction in other expenses by up to $3.6 million.

Banzai Announces Strategic Business Initiatives to Improve Net Income by up to $13.5 Million Annually

SEATTLE, Oct. 02, 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 received notice from the Nasdaq Listing Qualifications Panel (the “Hearings Panel”) of The Nasdaq Stock Market LLC (“Nasdaq”) that the Hearings Panel has granted the Company's request to continue its listing on The Nasdaq Stock Market, subject to the Company meeting certain conditions, including filing on or before October 7, 2024, an application for listing on The Nasdaq Capital Market, and demonstrating compliance on or before January 31, 2025 with Listing Rules 5550(a)(2), 5550(a)(5) and 5550(b)(1). The Company is in violation of the bid price requirement of Nasdaq Listing Rule 5450(a)(1) (the “Bid Price Rule”) and the market value of listed securities (“MVLS”) requirement in Listing Rule 5450(b)(2)(A) (the “MVLS Rule”).

Banzai Granted Extension by Nasdaq Hearing Panel to Regain Compliance with Continued Listing Requirements

SEATTLE, Sept. 26, 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 the closing of its previously announced private placement priced at-the-market under the rules of the Nasdaq Stock Market for the issuance and sale of an aggregate of 1,176,471 shares of Class A common stock (or pre-funded warrant in lieu thereof), accompanying Series A warrants to purchase up to 1,176,471 shares of Class A common stock and accompanying short-term Series B warrants to purchase up to 1,176,471 shares of Class A common stock at a purchase price of $4.25 per share (or per pre-funded warrant in lieu thereof).

Banzai Announces Closing of $5 Million Private Placement Priced At-The-Market Under Nasdaq Rules

SEATTLE, Sept. 24, 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 entered into definitive agreements for the issuance and sale of an aggregate of 1,176,471 shares of Class A common stock (or pre-funded warrant in lieu thereof), accompanying Series A warrants to purchase up to 1,176,471 shares of Class A common stock and accompanying short-term Series B warrants to purchase up to 1,176,471 shares of Class A common stock at a purchase price of $4.25 per share (or per pre-funded warrant in lieu thereof) and accompanying warrants in a private placement priced at-the-market under the rules of the Nasdaq Stock Market. The Series A and the short-term Series B warrants will have an exercise price of $4.00 per share and will be exercisable immediately upon issuance. The Series A warrants will expire five years from the issuance date and the short-term Series B warrants will expire 18 months from the issuance date. The closing of the offering is expected to occur on or about September 26, 2024, subject to the satisfaction of customary closing conditions.

Banzai Announces $5 Million Private Placement Priced At-The-Market Under Nasdaq Rules

Agreements to Significantly Improve Balance Sheet by Reducing Total Debt, Deferring Principal and Interest Payments, and Substantially Lowering Near-Term Cash Needs SEATTLE, Sept. 24, 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 entered into agreements with lenders and service providers to write off up to $5.6 million of outstanding liabilities and restructure a further $19.2 million of its existing debt obligations, improving the Company's overall financial position by amending certain credit obligations and extending the maturity of certain debt facilities.

Banzai Announces $24.8 Million Debt Payoff and Restructuring Agreements with Participation from Company Insiders

SEATTLE, Sept. 23, 2024 (GLOBE NEWSWIRE) -- Banzai International, Inc. (NASDAQ: BNZI) (“Banzai” or the “Company”), a leading marketing technology company that provides essential marketing and sales solutions, will hold a conference call webcast on Tuesday, October 1, 2024 at 11:00 a.m. Eastern time to discuss recent announcements, review ongoing initiatives, and anticipated 2024 milestones.

Banzai to Host Shareholder Update Conference Call Webcast on Tuesday, October 1, 2024 at 11:00 a.m. Eastern Time

SEATTLE, Sept. 19, 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 effective at 12:01 a.m.

Banzai Announces Reverse Split to Regain NASDAQ Compliance

Strong Organic Growth as Company Focuses on Scaling AI-Powered Demand Generation Platform SEATTLE, Sept. 17, 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 the addition of 147 customers in August 2024, for a total of 1,434 in 2024, demonstrating strong organic growth and customer loyalty for its AI-driven platform of essential MarTech data, analytics, and data-driven applications.

Banzai Adds 179 Customers in August 2024 as New Technology Improvements Drive Growth

Former Goldman Sachs and Uber Executive Brings Over 20 Years of Finance and Corporate Strategy Experience SEATTLE, Sept. 09, 2024 (GLOBE NEWSWIRE) -- Banzai International, Inc.

Banzai Appoints Kent Schofield to Board of Directors

SEATTLE, Sept. 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, will participate at the H.C.

Banzai to Present at H.C. Wainwright 26th Annual Global Investment Conference

New Updates Focus on Transforming Webinar Data Management with Advanced Synchronization and Tracking New Updates Focus on Transforming Webinar Data Management with Advanced Synchronization and Tracking

Banzai Releases Enhanced Demio HubSpot Integration, Delivering a Seamless Experience

New Updates Focus on Streaming Stability, Virtual Backgrounds, and Automated Sessions, Significantly Enhancing User Interface Speed and Responsiveness New Updates Focus on Streaming Stability, Virtual Backgrounds, and Automated Sessions, Significantly Enhancing User Interface Speed and Responsiveness

Banzai Unveils Significant Stability and Performance Enhancements for Demio, Boosting User Experience by Up to 20x

SEATTLE, June 04, 2024 (GLOBE NEWSWIRE) -- Banzai International, Inc. (NASDAQ: BNZI), a leading marketing technology company that provides essential marketing and sales solutions, today announced it has added support for AI-powered phone agents and 11 new campaign types to its Reach solution. “People have used the phone to connect with customers since its invention, but it has always required a human to sit in front of the phone to operate it.

Banzai Launches Phone AI and Expands AI Demand Gen Platform

Banzai International (NASDAQ: BNZI ) stock is rising higher on Wednesday after the marketing technology company closed a public offering for its shares. BNZI stock has been slipping the last few days of trading after launching a public offering on May 22, 2024.

News for Banzai International Inc Stock (BNZI)