Mergers, Acquisitions, and Business Moves by Banzai
Banzai Announces Definitive Agreement to Acquire Act - On
Banzai International, Inc. announces an agreement to acquire Act-On Software, enhancing its marketing automation capabilities and increasing revenue by 152% to $44M. Act-On's platform is used by comp...anies like Hitachi and BestBuy for lead generation and customer engagement.
Banzai Reports First Quarter 2025 Financial Results
Banzai has released its preliminary financial results for 2024, reporting a $22.3 million increase in stockholders equity. The announcement highlights key financial metrics and performance for the ye...ar, reflecting the companys progress in the data-driven demand generation software sector.
Banzai to Host First Quarter 2025 Financial Results Conference Call on Thursday, May 15, 2025 at 5:45 p.m. Eastern Time
Banzai.io will host its first quarter 2025 financial results conference call on Thursday, May 15, 2025, at 5:45 p.m. Eastern Time. The call will cover the company's financial performance for the quar...ter and is open to investors and stakeholders.
Banzai to Host First Quarter 2025 Financial Results
Banzai International, Inc. will host a conference call on May 15, 2025, to discuss its first quarter 2025 financial results, ongoing initiatives, and anticipated milestones. CEO Joe Davy and Interim ...CFO Alvin Yip will lead the presentation and Q&A session.
Banzai Reports Third Quarter 2024 Financial Results ; Annualized Adjusted Net Loss Improvement of $12 . 2 Million
Banzai International reports a 31% annual increase in recurring revenue and a $12.2 million improvement in net loss for Q3 2024, nearing profitability.
Banzai Appoints Matt McCurdy as Vice President of Sales to Drive Strategic Growth of AI-Enabled Marketing and Sales Solutions to Enterprise Customers - The Globe and Mail
Banzai has appointed Matt McCurdy as Vice President of Sales to enhance the strategic growth of its AI-enabled marketing and sales solutions. McCurdy, with over 20 years of experience in software and... technology industries, will focus on sales strategy and enterprise account development, aiming to drive enterprise expansion and customer value for Banzai's solutions like Demio, CreateStudio, and OpenReel.
Banzai Appoints Dean Ditto as Chief Financial Officer
Banzai has appointed Dean Ditto as Chief Financial Officer, effective July 14, 2025. Ditto, with over 30 years of financial leadership experience, will replace Alvin Yip, who will continue as Chief A...ccounting Officer. Ditto's background includes roles at Akerna Corp. and Mydecine Innovations Group, where he led significant financial initiatives.
Corporate News and Organizational Updates on Banzai
Banzai Announces Reverse Split - The Globe and Mail
Banzai International, Inc. announced a one-for-ten reverse stock split of its Class A and Class B Common Stock, effective July 8, 2025. This move aims to increase the per-share price and maintain Nas...daq compliance. Post-split, the stock will trade under a new CUSIP number, affecting all issued shares and stock options uniformly.
