Monitor PARA's post-split trading price to confirm Nasdaq compliance. The reverse split does not change fundamentals; watch for subsequent filings regarding the ConnectAndSell asset purchase (approved by shareholders) and any future equity issuances under the expanded incentive plan.
Price Chart
Executive Summary
Banzai International (PARA) filed an 8-K reporting shareholder approval of a 1-for-10 reverse stock split and a name change to Parabolic Technologies, Inc., effective October 27, 2026. The reverse split is intended to regain compliance with Nasdaq's minimum bid price requirement, reducing outstanding Class A shares from ~5.06M to ~506K. Shareholders also approved an increase in the 2023 Equity Incentive Plan share reserve by 787,425 shares and an increase in the evergreen provision from 5% to 7.5% annually. This filing is a routine capital structure adjustment with no financial results; the reverse split signals a low stock price and potential delisting risk, but the actions themselves are neutral administrative events.
Key Facts
- Reverse stock split at 1-for-10 ratio, effective October 27, 2026, to maintain Nasdaq minimum bid price compliance.
- Corporate name change from Banzai International, Inc. to Parabolic Technologies, Inc., effective October 27, 2026.
- Outstanding Class A shares reduced from ~5,061,208 to ~506,121; Class B from ~149,821 to ~14,983.
- Shareholders approved increase in 2023 Equity Incentive Plan share reserve by 787,425 shares and evergreen provision increase from 5% to 7.5%.
- No fractional shares issued; fractional shares rounded up to nearest whole share.
- Ticker symbol PARA unchanged; new CUSIP number 06682J803.
- All five shareholder proposals passed at the October 16, 2026 special meeting.
Financial Impact
No financial figures reported. Reverse split is a mechanical share consolidation with no change in aggregate market cap or shareholder percentage ownership (except fractional rounding).
Risk Factors
- Nasdaq delisting risk remains if post-split share price fails to maintain $1.00 minimum bid for 30 consecutive trading days.
- Reverse split may signal underlying financial distress; no revenue or earnings data provided in this filing.
- Increased share reserve and evergreen provision could lead to future dilution if awards are granted.
Investment Themes
Documents Analyzed
This report is based on 8 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001437749-26-033292 |
| Exhibit: ex_1028783.htm | 0001437749-26-033292 |
| Exhibit: ex_1026787.htm | 0001437749-26-033292 |
| Exhibit: ex_1026929.htm | 0001437749-26-033292 |
| Document: para20261016_8k.htm | 0001437749-26-033292 |
| Document: 0001437749-26-033292-index-headers.html | 0001437749-26-033292 |
| Document: 0001437749-26-033292-index.html | 0001437749-26-033292 |
| Document: 0001437749-26-033292.txt | 0001437749-26-033292 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 22, 2026 4d ago | 8-K | $0.4251 $0.4101 | ▼ −3.53% | ▼ −4.24% | — |
Oct 21, 2026 5d ago | 8-K | $0.5100 $0.4700 | ▼ −7.84% | ▼ −6.66% | — |
Oct 20, 2026 6d ago | DEF 14A | $0.5360 $0.5100 | ▲ +4.85% | ▲ +5.38% | — |
Oct 1, 2026 25d ago | 8-K | $0.5760 $0.5220 | ▼ −9.38% | ▼ −10.11% | — |
Aug 14, 2026 10w ago | Press Release | $1.45 $1.36 | ▲ +6.21% | ▲ +5.53% | — |
Aug 13, 2026 10w ago | 8-K | $1.70 $1.70 | · 0.00% | ▼ −0.20% | — |
Aug 12, 2026 10w ago | Press Release | $1.70 $1.70 | · 0.00% | ▲ +0.20% | — |
Jun 12, 2026 19w ago | Institutional Cluster | — | awaiting T+1 | — | — |
US Market Status
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