SCHEDULE 13G/A: Armistice Capital and Steven Boyd Disclose 4.99% Passive Stake in Banzai International
Beneficial Ownership Report
Armistice Capital, LLC and Steven Boyd have filed an amended Schedule 13G, reporting a 4.99% passive beneficial ownership stake in Banzai International, Inc.'s Class A common stock as of December 31, 2024.
Summary
- Armistice Capital, LLC and Steven Boyd (collectively, the "Reporting Persons") filed an Amendment No. 1 to Schedule 13G.
- The filing reports beneficial ownership of 309,096 shares of Banzai International, Inc.'s Class A common stock, par value $0.0001 per share.
- This represents 4.99% of the Class A common stock outstanding.
- The Reporting Persons hold shared voting power and shared dispositive power over all 309,096 shares.
- Armistice Capital, LLC, a Delaware entity, acts as the investment manager for Armistice Capital Master Fund Ltd., which is the direct holder of the shares.
- Steven Boyd, a U.S. citizen, is the managing member of Armistice Capital, LLC.
- The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of Banzai International, Inc.
Sentiment
Score: 5
Explanation: The document is a factual disclosure of beneficial ownership and does not contain information that would indicate a positive or negative sentiment regarding the company's performance or prospects. It is a routine regulatory filing.
Future Outlook
NA
Industry Context
This filing is a standard disclosure of passive beneficial ownership by an investment manager and its principal, indicating a position in Banzai International, Inc. It does not provide broader industry trends or competitive analysis, as its sole purpose is to report a significant ownership stake.
Stakeholder Impact
- This filing provides transparency to shareholders and the broader market regarding the beneficial ownership stake held by Armistice Capital, LLC and Steven Boyd in Banzai International, Inc.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of event which requires the filing of this statement (end of the reporting period). |
| 02/14/2025 | Date of filing of this Schedule 13G Amendment No. 1. |
Keywords
Banzai International, Armistice Capital, Steven Boyd, Schedule 13G, beneficial ownership, Class A common stock, passive investment, SEC filing
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