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Banzai Fully Regains Compliance with Nasdaq Continued Listing Requirements
BNZIBanzai International(BNZI) GlobeNewswire·2025-02-13 13:31

Core Points - Banzai International, Inc. has demonstrated compliance with Nasdaq's minimum stockholders' equity requirement, allowing its securities to continue trading on The Nasdaq Capital Market [1][3] - The company previously faced a notification regarding its market value being below the minimum requirement, which led to a hearing and a request for a phase-down to The Nasdaq Capital Market [2] - Following the acquisition of Vidello Limited, Banzai filed a Form 8-K showing compliance with the stockholders' equity requirement, resulting in the closure of the Nasdaq compliance review [3] Company Overview - Banzai is a marketing technology company that provides AI-enabled marketing and sales solutions for businesses of all sizes, aiming to help customers grow by effectively targeting, engaging, and measuring both new and existing customers [4] - The company's clientele includes notable names such as Cisco, New York Life, Hewlett Packard Enterprise, and Thermo Fisher Scientific, among thousands of others [4]