Banzai International, Inc. closed a public offering of 327,273 shares of Class A common stock at $2.75 per share, generating approximately $0.9 million in gross proceeds. The company also granted Aegis Capital Corp. a 45-day option to purchase an additional 36,364 shares. Banzai International, Inc. provides technology solutions for the digital marketing and consumer engagement industry.

Banzai International, Inc. entered into an Asset Purchase Agreement to acquire the assets of ConnectAndSell, Inc., a sales enablement software and AI company, for an aggregate consideration involving cash, common stock, and a $1.8 million promissory note. Additionally, the company secured a $2.1 million subordinated secured promissory note from Agile Lending, LLC, receiving $2 million in net proceeds. Banzai International, Inc. operates in the technology sector, providing software and AI solutions for sales enablement.