Banzai International Moves Stock Listing to Nasdaq Capital Market

Bainbridge Island, Washington – November 4, 2024 – Banzai International, Inc. (NASDAQ: BNZI) has successfully transitioned the listing of its securities to the Nasdaq Capital Market. This transfer took effect on October 31, 2024, as confirmed by the Nasdaq Stock Market Listing Qualifications Department. The company’s Class A common stock will continue trading under the symbol BNZI on Nasdaq.

The decision to move the listing from the Nasdaq Global Market to the Nasdaq Capital Market followed a hearing before the Nasdaq Hearings Panel on September 19, 2024. Banzai International expressed its commitment to meet the requirements for continued listing on the Nasdaq Capital Market, with a deadline set for compliance by January 31, 2025.

In a statement regarding the transfer, Joseph Davy, Founder and CEO of Banzai, expressed optimism for the company’s growth prospects on Nasdaq. Davy highlighted ongoing initiatives aimed at strengthening the company’s financial position and net income, emphasizing a commitment to value creation for shareholders and the investment community. The appointment of MZ Group as the company’s investor relations partner further underscores Banzai’s dedication to shareholder engagement.

Banzai International, a prominent marketing technology company catering to businesses of all sizes, continues to offer essential marketing and sales solutions to a diverse range of clients. The company’s clientele includes reputable names such as Square, Hewlett Packard Enterprise, Thermo Fisher Scientific, and ActiveCampaign, among others.

Looking ahead, Banzai aims to leverage its Nasdaq listing to drive further growth and innovation within the marketing technology sector. As the company remains focused on advancing its software platforms and expanding its market reach, Banzai’s presence on the Nasdaq Capital Market signals a new chapter in its corporate development.

For additional information about Banzai International and its offerings, visit www.banzai.io. Investors can access specific financial details and updates through the investor relations section at https://ir.banzai.io.

Please note that this press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Investors are advised to exercise caution when considering these statements, given the inherent uncertainties and risks associated with future projections and industry developments.

For media inquiries, contact Rachel Meyrowitz, Director of Demand Generation at Banzai, via [email protected]. For investor relations queries, reach out to Chris Tyson, Executive Vice President at MZ Group, by emailing [email protected] or visiting www.mzgroup.us.

This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read Banzai International’s 8K filing here.

Banzai International Company Profile

7GC & Co Holdings Inc does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. The company intends to identify business opportunities in the field of technology.