Banzai Engages ShareIntel to Investigate Potentially Improper and Illegal Trading Activity in the Company’s Common Stock
December 04 2024 - 7:31AM
Banzai International, Inc. (NASDAQ: BNZI) (“Banzai” or the
“Company”), a leading marketing technology company that provides
essential marketing and sales solutions, today announced that it
has engaged Shareholder Intelligence Services, LLC (“ShareIntel”)
to review the trading history of the Company's common stock.
ShareIntel utilizes a patented process called
DRIL-Down™ to aggregate and analyze and monitor repository data
from reporting entities, broker-dealers and shareholders. Banzai
management intends to utilize ShareIntel’s trusted advisory
services to implement action plans to monitor and address any
abusive activity, including the investigation of potential trading
violations involving the Company's stock, and litigation if
warranted.
“Banzai is partnering with ShareIntel as part of
our efforts to ensure adherence to regulatory standards and protect
our shareholders,” said Joe Davy, Founder and CEO of Banzai. “We
look forward to reviewing ShareIntel’s data analysis and will
deploy corrective action steps that may arise as a result of the
investigation.”
About Shareholder Intelligence Services,
LLC
ShareIntel is a compliance driven SAAS retained
by public companies to obtain, aggregate, track and analyze
shareholder trading and settlement data. This patented process is
managed through its "Data Repository Information Link" system
DRIL-Down™. The ShareIntel solution empowers public company CEO's,
CFO's, IRO's, Corporate Secretaries & General Council with
tools and analysis to help better manage investment banking,
investor relations, shareholder outreach efforts and more.
ShareIntel provides actionable intelligence, which enables public
company officers and directors to fulfill fiduciary best practices.
For more information, please visit www.shareintel.com.
About Banzai
Banzai is a marketing technology company that
provides AI-enabled marketing and sales solutions for businesses of
all sizes. On a mission to help their customers grow, Banzai
enables companies of all sizes to target, engage, and measure both
new and existing customers more effectively. Banzai customers
include Cisco, New York Life, Hewlett Packard Enterprise, Thermo
Fisher Scientific, Thinkific, Doodle and ActiveCampaign, among
thousands of others. Learn more at www.banzai.io. For
investors, please visit https://ir.banzai.io.
Forward-Looking Statements
This press release contains forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. Forward-looking statements often use words such
as “believe,” “may,” “will,” “estimate,” “target,” “continue,”
“anticipate,” “intend,” “expect,” “should,” “would,” “propose,”
“plan,” “project,” “forecast,” “predict,” “potential,” “seek,”
“future,” “outlook,” and similar variations and expressions.
Forward-looking statements are those that do not relate strictly to
historical or current facts. Examples of forward-looking statements
may include, among others, statements regarding Banzai
International, Inc.’s (the “Company’s”): future financial, business
and operating performance and goals; annualized recurring revenue
and customer retention; ongoing, future or ability to maintain or
improve its financial position, cash flows, and liquidity and its
expected financial needs; potential financing and ability to obtain
financing; acquisition strategy and proposed acquisitions and, if
completed, their potential success and financial contributions;
strategy and strategic goals, including being able to capitalize on
opportunities; expectations relating to the Company’s industry,
outlook and market trends; total addressable market and serviceable
addressable market and related projections; plans, strategies and
expectations for retaining existing or acquiring new customers,
increasing revenue and executing growth initiatives; and product
areas of focus and additional products that may be sold in the
future. Because forward-looking statements relate to the future,
they are subject to inherent uncertainties, risks and changes in
circumstances that are difficult to predict and many of which are
outside of our control. Forward-looking statements are not
guarantees of future performance, and our actual results of
operations, financial condition and liquidity and development of
the industry in which the Company operates may differ materially
from those made in or suggested by the forward-looking statements.
Therefore, investors should not rely on any of these
forward-looking statements. Factors that may cause actual results
to differ materially include changes in the markets in which the
Company operates, customer demand, the financial markets, economic,
business and regulatory and other factors, such as the Company’s
ability to execute on its strategy. More detailed information about
risk factors can be found in the Company’s Annual Report on Form
10-K and the Company’s Quarterly Reports on Form 10-Q under the
heading “Risk Factors,” and in other reports filed by the Company,
including reports on Form 8-K. The Company does not undertake any
duty to update forward-looking statements after the date of this
press release.
Investor Relations Chris Tyson
Executive Vice President MZ Group - MZ North America 949-491-8235
BNZI@mzgroup.us www.mzgroup.us
Media Rachel Meyrowitz Director,
Demand Generation, Banzai media@banzai.io
Banzai (NASDAQ:BNZI)
Historical Stock Chart
From Nov 2024 to Dec 2024
Banzai (NASDAQ:BNZI)
Historical Stock Chart
From Dec 2023 to Dec 2024