Form 4: CP BF Lending, LLC Executes Stock Transactions in Banzai International, Inc.

CP BF Lending, LLC, a 10% owner of Banzai International, Inc., reports the acquisition and disposition of Class A Common Stock.

Summary

• On October 23, 2024, CP BF Lending, LLC acquired 18,300 shares of Class A Common Stock at a price of $3.89 per share.
• On October 24, 2024, CP BF Lending, LLC disposed of 18,300 shares of Class A Common Stock at a price of $3.6092 per share.
• These transactions were reported on a Form 4 filing with the SEC.
• Brad Shain, President of CP BF Lending, LLC, may be deemed to have beneficial ownership of the shares.
• Mr. Shain disclaims beneficial ownership except to the extent of his pecuniary interest.
• CP BF Lending, LLC also holds a convertible note that can be converted into 18,300 shares of Class A Common Stock at a price of $3.89.
• The maturity date of the convertible note is February 19, 2027, or earlier if the consolidated convertible loan becomes due and payable.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions, indicating a neutral sentiment.

Management Comments

• Brad Shain disclaims beneficial ownership of the securities reported herein, except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that he is the beneficial owner of such securities for purposes of Section 16 or any other purpose.

Industry Context

This filing is a routine disclosure of stock transactions by a significant shareholder, which is common in the financial industry.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership by a 10% owner.

Key Dates