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

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

Banzai International, Inc. Announces $7.8 Million Debt Elimination

May 20, 2026 8:30 AM EDT

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 highlighted a substantial milestone on its internal balance sheet initiative called Project Fortress, including debt elimination of approximately $7.8 million year to date, reflecting the Company's commitment to building a stronger, more agile organization positioned for strategic growth. This elimination includes nearly all of the Companys short term and convertible debt obligations as of March 31, 2026. The Companys debt balance is now at an all-time low since going... More