Banzai plans to use USD 0.9 million stock offering proceeds for working capital, general corporate purposes
BNZI•Stock offering proceeds and use of funds
Banzai priced an underwritten public offering of 327,273 Class A shares at USD 2.75 to raise about USD 0.9 million.
Net proceeds are earmarked for working capital, funding ongoing operations, and supporting near-term liquidity needs.
Aegis Capital holds a 45-day option to buy 36,364 additional shares to cover over-allotments.
Closing is targeted for July 14, 2026, subject to customary conditions.
