Banzai Announces 1-for-10 Reverse Stock Split to Boost Share Price and Nasdaq Compliance

Banzai International, a marketing technology company, will effect a one-for-ten reverse stock split on July 8, 2025, to maintain Nasdaq compliance and increase the per-share price of its Class A Common Stock. The reverse split will combine every ten shares of issued and outstanding Common Stock into one share, with no change in par value. The number of outstanding shares will be approximately 2.24 million for Class A Common Stock and 231,113 for Class B Common Stock.