Banzai International, Inc 8-K, filed Jun 22, 2023
Banzai International, Inc. (PARA)
About this 8-K
Banzai International, Inc filed this 8-K on June 22, 2023.
Items reported
- Item 8.01: Other events
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
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| Item 8.01 | Other Events. |
As previously reported in a Current Report on 8-K filed by 7GC & Co. Holdings Inc. (the “Company”) on June 21, 2023, the balance in the Company’s trust account (the “Trust Account”) as of June 20, 2023 was approximately $53,992,940, or approximately $10.63 per public share before taking into account the removal of the accrued interest in the Trust Account to pay taxes. In connection with the extension of the date by which it must consummate an initial business combination from June 28, 2023 to December 28, 2023 (the “Extension”), the Company currently anticipates that it will withdraw approximately $411,200 from the Trust Account to pay taxes payable. Following such withdrawal, the Company anticipates that the pro rata portion of the funds available in the Trust Account for the redemption of the Company’s public shares in connection with the Extension will be approximately $10.55 per share.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| 7GC & Co. Holdings Inc. | ||||||
| Date: June 22, 2023 | By: | /s/ Jack Leeney | ||||
| Name: | Jack Leeney | |||||
| Title: | Chief Executive Officer | |||||