Banzai International (BNZI) Registration Filing summary

Company overview and business model

• Operates as a MarTech company providing data-driven marketing and sales solutions via SaaS and managed services, targeting a broad range of industries and company sizes.

• Revenue is generated through recurring subscription licenses, with pricing based on user count, features, and event capacity.

• Strategic acquisitions, such as Demio and OpenReel, have expanded the customer base and product offerings.

• No single customer accounts for more than 10% of revenue, and the company serves over 3,070 customers in 90+ countries.

• Focus on growing mid-market and enterprise customers, particularly for the Demio product.

Financial performance and metrics

• Net loss for 2024 was $31.1 million, with a net loss per share of $69.75 (post-reverse split adjustment).

• Net loss for Q1 2025 was $3.6 million, with a net loss per share of $1.52 (post-reverse split adjustment).

• As of August 4, 2025, 2,942,956 Class A and 231,114 Class B shares were outstanding.

• The company’s financial statements include the impact of recent reverse stock splits.

Use of proceeds and capital allocation

• Proceeds from the offering will be used for general corporate purposes, including working capital and potential debt repayment.