Banzai International Secures Up To $3.57 Million Via Convertible Note; $1.5 Million Funded, Warrants Issued
Banzai International entered into a Securities Purchase Agreement for a private placement of a convertible promissory note and warrants to enhance liquidity. The note has an initial principal of $2.14 million, potentially increasing to $3.57 million, with $1.5 million funded at closing; it bears 10…