Banzai Completes $32.7 Million Debt and Liability Elimination Through August 31, 2025

Core Viewpoint - Banzai International, Inc. has made significant progress in debt repayment, enhancing its financial position and shareholder equity, which positions the company for sustainable profitability and future growth initiatives [1][3]. Debt Repayment Progress - The company has repaid approximately $10.7 million of outstanding debt obligations year to date through August 31, 2025, and a total of $32.7 million since September 2024 [1][2]. - The debt repayment is part of a $24.8 million debt payoff and restructuring agreement announced on September 24, 2024 [2]. Financial Improvements - Banzai has reported a $35 million year-over-year improvement in stockholders' equity, reaching a positive $3.2 million as of June 30, 2025 [3]. - The ongoing debt elimination efforts are expected to continue improving the company's financial strength, balance sheet, and flexibility [3]. Company Overview - Banzai is a marketing technology company that provides AI-enabled marketing and sales solutions for businesses of all sizes, with over 140,000 customers including notable companies like RBC, Dell Technologies, and New York Life [4].