Banzai To Become A Publicly Traded Company Via Business Combination With 7GC & Co. Holdings Inc.
Benzinga Newsdesk 3 years ago
M&A
Banzai International, Inc. Has Entered Into a Definitive Business Combination Agreement With 7GC & Co. Holdings Inc. Banzai Accelerates Marketers' Opportunities to Drive and Track ROI With Engaging Live and
- Banzai International, Inc. Has Entered Into a Definitive Business Combination Agreement With 7GC & Co. Holdings Inc.
- Banzai Accelerates Marketers' Opportunities to Drive and Track ROI With Engaging Live and On-Demand Video Experiences
- Recurring Revenue Model, High Profit Margins and Significant Operating Leverage Combined With Rapid Growth
- Estimated Post-Transaction Enterprise Value of $380 Million With Approximately $207 Million in Net Cash, Assuming No Redemptions of VII Public Shares
- Committed Equity Facility of $100 Million From GEM to Opportunistically Support the Combined Company Post-Close