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Banzai amends 8-K to disclose additional debt-for-equity exchanges with Agile

PUBT·05/05/2026 20:11:12
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Banzai amends 8-K to disclose additional debt-for-equity exchanges with Agile
  • Banzai International filed an amended Form 8-K to update disclosures on share-for-debt exchanges tied to its subordinated secured promissory note with Agile Lending.
  • Amendment details an initial exchange of 232,786 shares valued at USD 1.22 per share, cutting note balance by USD 284,000, alongside a forbearance agreement running through March 30, 2026 unless earlier default.
  • Forbearance included a USD 628,057.5 fee added to note principal, lifting post-exchange balance to USD 1,839,432.5.
  • Six subsequent exchanges through April 29, 2026 issued 1,466,501 shares, reducing note balance to USD 819,432.5, about 7.4% of common stock outstanding as of April 29, 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Banzai International Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-206397), on May 05, 2026, and is solely responsible for the information contained therein.

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