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Banzai International rebrands as Parabolic Technologies with 1-for-10 split

Thu, 22 Oct 2026 17:20:14 -0400

Banzai International, Inc. (NASDAQ: PARA) announced that effective at market open on October 27, 2026, the company will officially change its corporate name to Parabolic Technologies, Inc. and execute a one-for-ten reverse stock split of its Class A and Class B Common Stock.

Shareholders approved both the name change and the reverse stock split at a special meeting held on October 16, 2026. The company said the reverse stock split is primarily intended to increase the per-share price of its Class A Common Stock and maintain compliance with the Nasdaq Minimum Bid Price Requirement, though neither outcome is guaranteed.

The stock will

Banzai International rebrands as Parabolic Technologies with 1-for-10 split

Thu, 22 Oct 2026 17:20:14 -0400

The stock will

Banzai Announces Name Change to Parabolic Technologies, Inc. And Announces Reverse Stock Split

Thu, 22 Oct 2026 17:20:00 -0400

SEATTLE, Oct. 22, 2026 (GLOBE NEWSWIRE) -- Banzai International, Inc. (NASDAQ: PARA) (d/b/a “Parabolic” or the “Company”), a leading AI-powered agentic applications technology company, today announced that effective at market open on October 27, 2026, the Company’s corporate name will officially change to “Parabolic Technologies, Inc.” The Company will also effect a one-for-ten (1-for-10) reverse stock split of its outstanding Class A Common Stock and Class B Common Stock (together, the “Common Stock”).

Shareholders approved both the corporate name change and reverse stock split at a special meeting of shareholders that was held on October

Banzai Announces Name Change to Parabolic Technologies, Inc. And Announces Reverse Stock Split

Thu, 22 Oct 2026 17:20:00 -0400

Shareholders approved both the corporate name change and reverse stock split at a special meeting of shareholders that was held on October

Parabolic reports preliminary Q3 2026 revenue of $4.7 million

Wed, 07 Oct 2026 10:16:11 -0400

Banzai International, Inc. (NASDAQ: PARA), operating as Parabolic, announced preliminary revenue of approximately $4.7 million for the third quarter ended September 30, 2026, according to a company statement.

The figure represents a 106% sequential increase from $2.3 million reported in the second quarter of 2026, and a 65% increase compared to $2.8 million in the third quarter of 2025.

The company attributed the revenue increase in part to the first full quarter of financial contributions from ConnectAndSell, a business unit acquired prior to the quarter. Parabolic said the integration included migrating infrastructure to its core platform while maintaining service for newly acquired

Parabolic reports preliminary Q3 2026 revenue of $4.7 million

Wed, 07 Oct 2026 10:16:11 -0400

The figure represents a 106% sequential increase from $2.3 million reported in the second quarter of 2026, and a 65% increase compared to $2.8 million in the third quarter of 2025.

Parabolic Announces Preliminary Q3 2026 Revenue of $4.7 Million; Representing 106% Sequential Revenue Growth

Wed, 07 Oct 2026 10:15:00 -0400

Third Quarter Top-Line Increases 106% Sequentially, Reflecting Expanded Enterprise Scale and Combined Go-To-Market Execution including ConnectAndSell

SEATTLE, Oct. 07, 2026 (GLOBE NEWSWIRE) -- Banzai International, Inc. (NASDAQ: PARA) (d/b/a “Parabolic” or the “Company”), a leading AI-powered agentic applications technology company, today announced selected preliminary revenue for the third quarter ended September 30, 2026 to provide visibility into the operational progress of its scaled business platform.

Preliminary Third Quarter 2026 Revenue Highlights

Total Revenue: Expected to be approximately $4.7 million for the third quarter of 2026.
Sequential Growth: Represents an increase of

Parabolic Announces Preliminary Q3 2026 Revenue of $4.7 Million; Representing 106% Sequential Revenue Growth

Wed, 07 Oct 2026 10:15:00 -0400

Third Quarter Top-Line Increases 106% Sequentially, Reflecting Expanded Enterprise Scale and Combined Go-To-Market Execution including ConnectAndSell

Preliminary Third Quarter 2026 Revenue Highlights

Total Revenue: Expected to be approximately $4.7 million for the third quarter of 2026.
Sequential Growth: Represents an increase of

Barrington Research Starts Banzai (PARA) at Market Perform

Mon, 05 Oct 2026 09:58:53 -0400

Barrington Research initiates coverage on Banzai (NASDAQ: PARA) with a Market Perform rating.

Parabolic targets $9.3M in annual savings after restructuring

Wed, 30 Sep 2026 08:05:18 -0400

Parabolic (NASDAQ: PARA), formerly known as Banzai International, Inc., announced it has completed the integration of ConnectAndSell and implemented a new business unit operating model, with actions expected to generate approximately $9.3 million in annualized cost savings.

The company said the ConnectAndSell integration included a headcount reduction of approximately 12 positions and reduced use of third-party contractors, together accounting for an estimated $3.1 million in annualized savings. These savings are expected to be fully recognized on a run-rate basis by the end of fiscal year 2026.

A business unit realignment, which refocused business unit leaders on customers, service delivery, and revenue activities,

Parabolic Announces $9.3 Million in Annualized Cost Savings from ConnectAndSell Integration and Business Unit Realignment

Wed, 30 Sep 2026 08:00:00 -0400

Company Completes Post-Acquisition Integration and Shared Services Implementation, Reduces Headcount and Third-Party Contractor Spend

SEATTLE, Sept. 30, 2026 (GLOBE NEWSWIRE) -- Banzai International, Inc. (NASDAQ: PARA) (d/b/a “Parabolic” or the “Company”), a leading AI-powered agentic applications technology company, today announced it has completed actions that are expected to result in approximately $9.3 million in annualized cost savings following the integration of ConnectAndSell and implementation of its new business unit operating model.

ConnectAndSell Integration and Cost Synergies

Having completed its post-closing integration of ConnectAndSell, the Company identified opportunities to reduce costs within the business and

Parabolic Announces $9.3 Million in Annualized Cost Savings from ConnectAndSell Integration and Business Unit Realignment

Wed, 30 Sep 2026 08:00:00 -0400

Company Completes Post-Acquisition Integration and Shared Services Implementation, Reduces Headcount and Third-Party Contractor Spend

ConnectAndSell Integration and Cost Synergies

Having completed its post-closing integration of ConnectAndSell, the Company identified opportunities to reduce costs within the business and

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