Banzai Engages MZ Group to Lead Strategic Investor Relations and Shareholder Communications Program

Banzai Engages MZ Group to Lead Strategic Investor Relations and Shareholder Communications Program





Banzai International, Inc. (NASDAQ: BNZI), a leading marketing technology company, has engaged MZ Group to lead its strategic investor relations and financial communications program. The campaign will highlight Banzai’s consolidation of mission-critical MarTech products to build a data-driven platform of integrated solutions. Key points:

  • Banzai’s total available market is expected to grow to $39.4 billion by 2026 at a CAGR of 11.8%
  • The company has added 1,434 customers through August 2024, including 981 new and 453 reactivating customers
  • Banzai currently serves nearly 3,000 customers
  • The company has entered into restructuring agreements totaling $28.8 million in reduced liabilities
  • Banzai recently closed a $5 million private placement

Banzai’s products, including Reach and Demio, are praised by customers like Cisco and LoanDepot for their user-friendly interfaces and powerful features.

Banzai International, Inc. (NASDAQ: BNZI), un’azienda leader nella tecnologia di marketing, ha incaricato MZ Group di guidare le sue relazioni strategiche con gli investitori e il programma di comunicazioni finanziarie. La campagna metterà in evidenza la consolidazione da parte di Banzai di prodotti MarTech fondamentali per costruire una piattaforma basata sui dati di soluzioni integrate. Punti chiave:

  • Il mercato totale disponibile di Banzai si prevede crescerà a $39,4 miliardi entro il 2026 con un CAGR dell’11,8%
  • Fino ad agosto 2024, l’azienda ha aggiunto 1.434 clienti, di cui 981 nuovi e 453 clienti riattivati
  • Banzai attualmente serve quasi 3.000 clienti
  • L’azienda ha stipulato accordi di ristrutturazione per un totale di $28,8 milioni in passività ridotte
  • Banzai ha recentemente concluso un collocamento privato da $5 milioni

I prodotti di Banzai, tra cui Reach e Demio, sono elogiati da clienti come Cisco e LoanDepot per le loro interfacce user-friendly e le potenti funzionalità.

Banzai International, Inc. (NASDAQ: BNZI), una empresa líder en tecnología de marketing, ha contratado a MZ Group para liderar sus relaciones estratégicas con inversores y el programa de comunicaciones financieras. La campaña destacará la consolidación por parte de Banzai de productos MarTech críticos para desarrollar una plataforma impulsada por datos de soluciones integradas. Puntos clave:

  • Se espera que el mercado total disponible de Banzai crezca a $39.4 mil millones para 2026 con una CAGR del 11.8%
  • La empresa ha añadido 1,434 clientes hasta agosto de 2024, incluidos 981 nuevos y 453 clientes reactivados
  • Banzai actualmente atiende a casi 3,000 clientes
  • La compañía ha entrado en acuerdos de reestructuración que totalizan $28.8 millones en pasivos reducidos
  • Banzai cerró recientemente un colocación privada de $5 millones

Los productos de Banzai, incluyendo Reach y Demio, son elogiados por clientes como Cisco y LoanDepot por sus interfaces fáciles de usar y características poderosas.

반자이 인터내셔널, Inc. (NASDAQ: BNZI)는 선도적인 마케팅 기술 회사로, MZ 그룹에 전략적 투자자 관계 및 금융 커뮤니케이션 프로그램을 이끌도록 위탁했습니다. 이번 캠페인은 반자이가 데이터 기반의 통합 솔루션 플랫폼을 구축하기 위해 필수적인 MarTech 제품을 통합하는 과정을 강조할 것입니다. 주요 포인트:

  • 반자이의 전체 가용 시장은 2026년까지 연평균 성장률(CAGR) 11.8%로 $39.4 billion로 성장할 것으로 예상됩니다.
  • 회사는 2024년 8월까지 1,434명의 고객을 추가했으며, 그중 981명이 신규 고객이고 453명이 재활성화된 고객입니다.
  • 반자이는 현재 거의 3,000명의 고객에게 서비스를 제공합니다.
  • 회사는 총 $28.8 million의 부채 감소를 포함한 구조조정 계약을 체결했습니다.
  • 반자이는 최근에 $5 million의 사모 펀딩을 완료했습니다.

반자이의 제품인 Reach와 Demio는 사용하기 쉬운 인터페이스와 강력한 기능 덕분에 Cisco와 LoanDepot와 같은 고객들로부터 찬사를 받고 있습니다.

Banzai International, Inc. (NASDAQ: BNZI), une entreprise leader dans la technologie marketing, a confié à MZ Group la direction de ses relations stratégiques avec les investisseurs et de son programme de communication financière. La campagne mettra en avant la consolidation par Banzai de produits MarTech essentiels pour construire une plateforme de solutions intégrées basée sur les données. Points clés:

  • Le marché total disponible pour Banzai devrait atteindre 39,4 milliards de dollars d’ici 2026, avec un taux de croissance annuel composé (CAGR) de 11,8%
  • L’entreprise a ajouté 1.434 clients d’ici août 2024, dont 981 nouveaux et 453 clients réactivés
  • Banzai dessert actuellement près de 3.000 clients
  • L’entreprise a conclu des accords de restructuration portant sur 28,8 millions de dollars de passifs réduits
  • Banzai a récemment finalisé un placement privé de 5 millions de dollars

Les produits de Banzai, dont Reach et Demio, sont salués par des clients tels que Cisco et LoanDepot pour leurs interfaces conviviales et leurs fonctionnalités puissantes.

Banzai International, Inc. (NASDAQ: BNZI), ein führendes Unternehmen im Bereich Marketingtechnologie, hat die MZ Group beauftragt, die strategischen Investorenbeziehungen und das Finanzkommunikationsprogramm zu leiten. Die Kampagne wird Banzais Konsolidierung von wichtigen MarTech-Produkten hervorheben, um eine datengestützte Plattform integrierter Lösungen aufzubauen. Wichtige Punkte:

  • Der Gesamtnutzbare Markt von Banzai wird bis 2026 voraussichtlich auf $39,4 Milliarden wachsen, mit einer CAGR von 11,8%
  • Das Unternehmen hat bis August 2024 insgesamt 1.434 Kunden hinzugewonnen, darunter 981 neue und 453 reaktivierte Kunden
  • Banzai bedient derzeit fast 3.000 Kunden
  • Das Unternehmen hat Restrukturierungsvereinbarungen über insgesamt $28,8 Millionen an reduzierten Verbindlichkeiten geschlossen
  • Banzai hat kürzlich eine Privatplatzierung über $5 Millionen abgeschlossen

Die Produkte von Banzai, darunter Reach und Demio, werden von Kunden wie Cisco und LoanDepot für ihre benutzerfreundlichen Schnittstellen und leistungsstarken Funktionen gelobt.

Positive


  • Added 1,434 customers through August 2024, including 981 new and 453 reactivating customers

  • Entered into restructuring agreements totaling $28.8 million in reduced liabilities

  • Closed a $5 million private placement

  • Total available market expected to grow to $39.4 billion by 2026 at a CAGR of 11.8%

  • Currently serves nearly 3,000 customers, presenting opportunity for expansion

Insights


Banzai’s engagement with MZ Group for investor relations is a strategic move, but its immediate financial impact is The focus on improving visibility among investors could potentially lead to increased interest and liquidity in BNZI stock, but this is not guaranteed.

The company’s growth metrics are noteworthy, with 1,434 new customers added through August 2024, including 981 new and 453 reactivated customers. This demonstrates strong organic growth and customer retention. However, the total customer base of nearly 3,000 suggests significant room for expansion in the $39.4 billion MarTech market projected for 2026.

Financially, Banzai has made progress in restructuring its liabilities, reducing them by $28.8 million. Combined with a recent $5 million private placement, this improves their financial position. However, without specific revenue or profitability figures, it’s challenging to assess the overall financial health and growth trajectory.

The company’s acquisition strategy in the fragmented MarTech space could drive growth, but execution risks remain. Investors should monitor Banzai’s ability to integrate acquisitions effectively and achieve projected synergies.












SEATTLE, Oct. 15, 2024 (GLOBE NEWSWIRE) — Banzai International, Inc. (NASDAQ: BNZI) (“Banzai” or the “Company”), a leading marketing technology company that provides essential marketing and sales solutions, has engaged international investor relations specialists MZ Group (MZ) to lead a comprehensive strategic investor relations and financial communications program across all key markets.

MZ Group will work closely with Banzai’s management team to develop and implement a comprehensive capital markets strategy designed to increase the Company’s visibility throughout the investment community. The campaign will highlight that Banzai is consolidating mission-critical, sub-scale marketing technology (MarTech) products to build a data-driven platform of solutions that seamlessly integrate out of the box. The company’s award-winning products capitalize on economies of scale and complementary customer bases to maximize cross-selling opportunities and grow recurring revenue.

MZ has developed a distinguished reputation as a premier resource for institutional investors, brokers, analysts, and private investors and maintains offices worldwide. Chris Tyson, Executive Vice President at MZ North America, along with Directors Larry Holub and Brooks Hamilton, will advise Banzai’s investor relations team in all facets of investor relations including, but not limited to, the coordination of roadshows and investment conferences across key cities and building brand awareness with financial and social media outlets.

Chris Tyson commented: “The MarTech market continues to expand, with Banzai’s total available market expected to grow to $39.4 billion by 2026 at a CAGR of 11.8%, according to the Winterberry Group. At the same time, companies and marketers are struggling with the explosion of SaaS vendors. According to a Netskope Cloud Report, enterprises use an average of over 120 marketing tools for their daily operations, leading to disjointed customer experiences and messy data. Customer data specifically remains a challenge for marketers, with 70% of marketing analytics consumers agreeing that access to unified customer data is a major barrier to the success of marketing analytics as reported in a 2022 Gartner® Marketing Data and Analytics Survey. With AI continuing to eat away at marketing, companies need to deliver more growth with less resources, and solutions that integrate seamlessly. Banzai gives marketers the data, analytics, and integrated applications they need to win. With over 11,000 MarTech vendors, Banzai has established a clear acquisition strategy with well-defined evaluation and success criteria to capitalize on a major consolidation opportunity in the industry. Banzai’s M&A strategy, taken together with its recurring revenue model, high profit margins, and significant operating leverage combined with rapid growth, presents an exciting story to share with our network of institutional, family offices and retail investors.”

Brooks Hamilton added: “Customers including Cisco, Sprinklr, Globe Life Insurance, and LoanDepot praise Banzai’s award-winning products for their user-friendly interfaces and powerful features that get content in front of target audiences. Its AI-driven Reach solution identifies ideal customer profiles (ICP) from a database of over 379 million verified contacts and deploys multi-channel outbound campaigns directly to them. Demio is the top webinar and virtual event platform for marketers, built with powerful engagement features designed to elevate audience interactions and transform webinars into interactive experiences. Building on this success, Banzai is developing and acquiring mission-critical MarTech solutions across three functions, to create a family of seamlessly integrated solutions for customers. Banzai’s acquisition evaluation playbook is focused on growth and profitability profile, and strategic cross-sale potential. Successful new integrations will provide customer retention, expansion, efficiency, and growth.”

“Our ability to leverage deep analytics and insights to drive marketing decisions has led to the addition of 1,434 customers through August 2024,” said Joe Davy, CEO of Banzai. “This includes 981 new customers and 453 reactivating customers, highlighting our strong organic growth and customer loyalty. Customer adoption has been driven by improvements to both our Demio product and our customer acquisition efficiency. We currently serve nearly 3,000 customers, presenting a great opportunity for continued expansion of our customer base as we execute our planned acquisition strategy and seek new opportunities for inorganic expansion.

“We have taken key steps very recently to improve our overall financial position having entered into restructuring agreements totaling $28.8 million in reduced and restructuring liabilities, with participation from company insiders. In tandem with the $5 million private placement that we recently closed, we are well positioned to execute on our growth initiatives. We look forward to working with the team at MZ Group to communicate our exciting product releases, business milestones and other announcements in the weeks and months ahead,” concluded Davy.

For more information on Banzai, please visit www.banzai.io. To schedule a conference call with management, please email your request to [email protected] or call Chris Tyson at 949-491-8235.

About MZ

MZ North America is the US division of MZ Group, a global leader in investor relations with over 250 employees, 800 clients across 12 different exchanges. For over 25 years, MZ has implemented award winning programs and developed a reputation for delivering tangible results for public and private companies via strategic communications, industry-leading investor outreach, public relations, a market intelligence desk, and a suite of technology solutions, spanning websites, conference call/webcasting, video production and XBRL/Edgar filing services. MZ maintains a global footprint with professionals located throughout every time zone in North America, as well as Taipei and São Paulo. For more information, please visit www.mzgroup.us.

About Banzai

Banzai is a marketing technology company that provides essential marketing and sales solutions for businesses of all sizes. On a mission to help their customers achieve their mission, Banzai enables companies of all sizes to target, engage, and measure both new and existing customers more effectively. Banzai customers include Square, 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
[email protected]
www.mzgroup.us

Media
Rachel Meyrowitz
Director, Demand Generation, Banzai
[email protected]









FAQ



What is Banzai’s (BNZI) total available market growth projection?


According to the Winterberry Group, Banzai’s total available market is expected to grow to $39.4 billion by 2026 at a CAGR of 11.8%.


How many new customers did Banzai (BNZI) add through August 2024?


Banzai added 1,434 customers through August 2024, including 981 new customers and 453 reactivating customers.


What recent financial steps has Banzai (BNZI) taken to improve its position?


Banzai has entered into restructuring agreements totaling $28.8 million in reduced liabilities and recently closed a $5 million private placement.


What are Banzai’s (BNZI) main product offerings mentioned in the press release?


The press release mentions Reach, an AI-driven solution for identifying ideal customer profiles, and Demio, a webinar and virtual event platform for marketers.





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