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Banzai International获得1100万美元债务安排

2025-07-01 19:37

Banzai International (NASDAQ:BNZI) closed an $11M debt facility with an institutional investor.
The initial $2.2M tranche matures on June 30, 2026, with a 10% annual interest rate.
The debt is secured by company assets and can be converted into shares at 115% of the stock price prior to closing.
Proceeds will support acquisitions, working capital, and general corporate purposes.
Source: Press release

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