Banzai closes $0.9 million underwritten public offering at $2.75 a share

Banzai International said it closed its previously announced underwritten public offering on July 14, 2026, raising about $0.9 million in gross proceeds before underwriting fees and other expenses. The offering consisted of 327,273 shares of Class A common stock sold at a public offering price of $2.75 per share. The company said it intends to use the net proceeds for working capital and other general corporate purposes. Aegis Capital Corp. acted as sole book-running manager and received a 45-day option to buy up to 36,364 additional shares solely to cover over-allotments, if any, at the public offering price less the underwriting discount. The offering was made under an effective shelf registration statement on Form S-3, file No. 333-288908, which the U.S. Securities and Exchange Commission declared effective on August 8, 2025. Hunter Taubman Fischer & Li LLC acted as counsel to the company, while Baker & Hostetler LLP served as U.S. counsel to Aegis Capital Corp.