Banzai Announces Reverse Split to Regain NASDAQ Compliance
BNZIBanzai International(BNZI) GlobeNewswire News Room·2024-09-19 19:43

SEATTLE, Sept. 19, 2024 (GLOBE NEWSWIRE) -- Banzai International, Inc. (NASDAQ: BNZI) ("Banzai" or the "Company"), a leading marketing technology company that provides essential marketing and sales solutions, today announced that effective at 12:01 a.m., EDT, on September 19, 2024, the Company will effect a one-for-fifty (1 for 50) reverse stock split of its outstanding Class A common stock. The reverse stock split is primarily intended to bring the Company into compliance with the minimum average closing s ...