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Banzai International announces $5.5 million cost reduction initiative

Thu, 28 May 2026 09:15:57 -0400

Banzai International Inc. (NASDAQ: BNZI) announced an operating cost reduction initiative expected to improve operating profits by $5.5 million on an annualized basis, according to a company statement.

The marketing technology company said the savings result from reducing dependency on consultants, lowering professional services costs, centralizing financial systems and processes, and selective headcount reduction. Management estimates these actions will reduce operating cash burn by approximately 40% on a run-rate basis.

The company has implemented most actions in the plan and expects the monthly operating expense run rate to fully reflect the reductions in the third quarter. Banzai stated the cost reductions will

Banzai International, Inc. Announces $5.5 Million in Operating Cost Reductions

Thu, 28 May 2026 09:10:00 -0400

SEATTLE, May 28, 2026 (GLOBE NEWSWIRE) -- Banzai International, Inc. (NASDAQ: BNZI) (“Banzai” or the “Company”), a leading marketing technology company that provides essential marketing and sales solutions, today announced an operating cost reduction initiative expected to improve operating profits by $5.5 million on an annualized basis. The savings result from management-led initiatives including: reducing dependency on consultants, reducing the cost of professional services, centralizing financial systems and processes, and selective headcount reduction.

On a run rate basis, management estimates these actions will reduce our operating cash burn by approximately 40%, while not impacting planned

Banzai International, Inc. Announces $5.5 Million in Operating Cost Reductions

Thu, 28 May 2026 09:10:00 -0400

On a run rate basis, management estimates these actions will reduce our operating cash burn by approximately 40%, while not impacting planned

Banzai International partners with Ingram Micro for product distribution

Wed, 20 May 2026 16:07:36 -0400

Banzai International Inc. (NASDAQ: BNZI) announced a strategic alliance with Ingram Micro Inc. (NYSE: INGM) to distribute its OpenReel and Demio products through Ingram Micro's channel partner network in the United States.

The agreement, executed through DistiNow, makes Banzai's marketing technology products available to Ingram Micro's distribution ecosystem. OpenReel provides AI-powered video production software, while Demio offers webinar and virtual event solutions.

"We are thrilled to enter into this partnership, which gives Banzai access to Ingram Micro's substantial distribution channel to accelerate organic growth," said Joe Davy, founder and CEO of Banzai.

Banzai expects the alliance to accelerate adoption of its products among

Banzai International partners with Ingram Micro for product distribution

Wed, 20 May 2026 16:07:36 -0400

"We are thrilled to enter into this partnership, which gives Banzai access to Ingram Micro's substantial distribution channel to accelerate organic growth," said Joe Davy, founder and CEO of Banzai.

Banzai expects the alliance to accelerate adoption of its products among

Banzai International partners with Ingram Micro for product distribution

Wed, 20 May 2026 16:07:36 -0400

"We are thrilled to enter into this partnership, which gives Banzai access to Ingram Micro's substantial distribution channel to accelerate organic growth," said Joe Davy, founder and CEO of Banzai.

Banzai expects the alliance to accelerate adoption of its products among

Banzai International partners with Ingram Micro for product distribution

Wed, 20 May 2026 16:07:36 -0400

"We are thrilled to enter into this partnership, which gives Banzai access to Ingram Micro's substantial distribution channel to accelerate organic growth," said Joe Davy, founder and CEO of Banzai.

Banzai expects the alliance to accelerate adoption of its products among

Banzai International, Inc. Expands Market Reach, Announces Strategic Alliance with Ingram Micro

Wed, 20 May 2026 16:05:00 -0400

SEATTLE, May 20, 2026 (GLOBE NEWSWIRE) -- Banzai International, Inc. (NASDAQ: BNZI) (“Banzai” or the “Company”), a leading marketing technology company that provides essential marketing and sales solutions, today announced a strategic alliance with Ingram Micro Inc. (“Ingram Micro”) through execution of an agreement with DistiNow to market, sell and support its OpenReel and Demio products through Ingram Micro, a global B2B technology distributor. The agreement makes Banzai's products and services immediately available to Ingram Micro’s expansive ecosystem of channel partners in the U.S.

“We are thrilled to enter into this partnership, which gives Banzai

Banzai International, Inc. Expands Market Reach, Announces Strategic Alliance with Ingram Micro

Wed, 20 May 2026 16:05:00 -0400

“We are thrilled to enter into this partnership, which gives Banzai

Banzai International, Inc. Expands Market Reach, Announces Strategic Alliance with Ingram Micro

Wed, 20 May 2026 16:05:00 -0400

“We are thrilled to enter into this partnership, which gives Banzai

Banzai International, Inc. Expands Market Reach, Announces Strategic Alliance with Ingram Micro

Wed, 20 May 2026 16:05:00 -0400

“We are thrilled to enter into this partnership, which gives Banzai

Banzai International, Inc. Expands Market Reach, Announces Strategic Alliance with Ingram Micro

Wed, 20 May 2026 16:05:00 -0400

“We are thrilled to enter into this partnership, which gives Banzai

Banzai International, Inc. Expands Market Reach, Announces Strategic Alliance with Ingram Micro

Wed, 20 May 2026 16:05:00 -0400

“We are thrilled to enter into this partnership, which gives Banzai

Banzai eliminates $7.8 million in debt as part of balance sheet initiative

Wed, 20 May 2026 08:31:11 -0400

Banzai International Inc. (NASDAQ: BNZI) announced it has eliminated approximately $7.8 million in debt year to date as part of its Project Fortress balance sheet initiative, according to a company statement.

The debt elimination includes nearly all of the marketing technology company's short-term and convertible debt obligations as of March 31, 2026. The company stated its debt balance is now at an all-time low since going public in December 2023.

"The Project Fortress balance sheet initiative reflects our commitment to maximizing long-term value for our shareholders," said Joe Davy, founder and CEO of Banzai. "By systematically reducing our debt obligations and strengthening

Banzai International, Inc. Announces $7.8 Million Debt Elimination