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 Active Campaign, 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 the Companys: 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, including the Companys expectations regarding market conditions and available
opportunities, the Companys ability to execute on such strategy and the expected benefits of such strategy; proposed acquisitions and, if completed, their potential success and financial contributions; strategy and strategic goals, including
being able to capitalize on opportunities; the Companys expectation regarding amendment of the Yorkville Promissory Notes, which is conditioned on repayment of a portion of such notes in connection with a registered offering; expectations
relating to the Companys 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 the Companys 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 the Companys ability to repay a portion of the Yorkville Promissory Notes, changes in the
markets in which the Company operates, customer demand, the financial markets, economic, business and regulatory and other factors, such as the Companys ability to execute on its strategy, its assumptions regarding available and serviceable
markets, its ability to realize some or all of the expected benefits of its acquisition strategy and its ability to effectively integrate the businesses or technologies it acquires, if any. More detailed information about risk factors can be found
in the Companys Annual Report on Form 10-K and the Companys 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 they are made.
This release does not constitute an offer to sell or the solicitation of an offer to buy any securities.