Banzai International, Inc. (PARAW) Warrant

NASDAQCompany warrantstrike $115,0001/10,000 share per warrantexpires 2028-12-14updated 2026-10-05

Each PARAW warrant gives the holder the right to buy 1/10,000 share of Banzai International, Inc. at $115,000 per share, until December 14, 2028. The stock last closed at $0.52, below the strike, so the warrant is out of the money. Banzai International, Inc. has a market value of about $1.40M.

Warrant price
$0.0082
last close
PARA share price
$0.52
0% of strike
Market cap
$1.40M
2.69M shares
Time left
800 days
expires 2028-12-14

Key terms

Strike per share
$115,000
Shares per warrant
1/10,000
Cash to exercise one warrant
$11.50
Expiry
2028-12-14
Redemption trigger
none stated
Cashless exercise
allowed
Break-even stock price
$115,082

From the issuer's S-1/A (2026-07-17).

Company and stock

Company
Banzai International, Inc.
Underlying stock
PARA
Share price
$0.52
Market cap
$1.40M
Shares outstanding
2.69M
12-month range
$0.52 – $75.80
12-month change
-99%
Value of all listed warrants
$9 (0.0% of market cap)
Industry
Services: Prepackaged Software
Head office
Bainbridge Island, WA
Incorporated in
Delaware

Market cap is the last share price times shares outstanding (as of 2026-06-30). Industry and head office are as the company reports them to the SEC. All SEC filings for this company.

Model value vs price Pro

Model value
Last price
$0.0082

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Dilution

Shares outstanding
2.69M
Listed warrants
1.15K

Warrant count from filing iXBRL: PublicWarrantsMember.

Filings and events

Questions about PARAW

When does the PARAW warrant expire?

PARAW expires on December 14, 2028.

What is the strike price of PARAW?

$115,000 per share; each warrant converts into 1/10,000 share, so exercising one warrant costs $11.50.

Can Banzai International, Inc. redeem the PARAW warrants early?

The source filing we read lists no stock-price redemption trigger.

How many PARAW warrants are outstanding?

1.15K listed warrants.

Related warrants

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