CP BF Lending, LLC - 06 Nov 2025 Form 4 Insider Report for Banzai International, Inc. (BNZI)

Role: 10%+ Owner
Signature: CP BF Lending, LLC, By: /s/ Brad Shain, President
Issuer symbol: BNZI
Transactions as of: 06 Nov 2025
Transactions value $: $0
Form type: 4
Filing time: 12 Nov 2025, 08:53:38 UTC
Previous filing: 25 Oct 2024
SEC: View on sec.gov

Reporting Owners (2)

Name	Relationship	Address	Signature	Signature date	CIK
CP BF Lending, LLC	10%+ Owner	1910 FAIRVIEW AVE E, SUITE 300, SEATTLE	CP BF Lending, LLC, By: /s/ Brad Shain, President	10 Nov 2025	0001911119
Shain Brad	10%+ Owner	1910 FAIRVIEW AVE. SUITE 200, SEATTLE	By: /s/ Brad Shain	10 Nov 2025	0002040801

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BNZI	Class A Common Stock	Conversion of derivative security	$175,911	+62,700	+1,567,500%	$2.81	62,704	06 Nov 2025	Direct	F1, F2, F3
transaction	BNZI	Class A Common Stock	Sale	-$175,911	-62,700	-100%	$2.81	4	06 Nov 2025	Direct	F1, F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	BNZI	Convertible Note	Conversion of derivative security	$0	-62,700	-2.3%	$0	2,682,070	06 Nov 2025	Class A Common Stock	62,700	$2.81	Direct	F1, F3, F4, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported is the weighted average price of multiple trades at prices ranging from $2.5095 to $2.8916 per share, inclusive. The reporting person will provide, upon request by the SEC staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each price within the reported range. The convertible note converted at the same prices as these trades.
F2	Brad Shain may be deemed to have beneficial ownership of the shares held directly by CP BF Lending, LLC. Mr. Shain disclaims beneficial ownership of the securities reported herein, except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that he is the beneficial owner of such securities for purposes of Section 16 or any other purpose.
F3	On July 8, 2025, the Issuer effectuated a 1-for-10 reverse split of the Issuer's Class A common stock, resulting in proportionate adjustments to the number of shares beneficially owned by the Reporting Person. Accordingly, the securities reported herein have been adjusted to reflect the reverse stock split.
F4	On October 10, 2025, the Issuer and the Reporting Person agreed to amend the convertible note to, among other things, reduce the conversion price to a price equal to 95% of the price of the Class A common stock on the trading day immediately preceding delivery of any conversion notice, subject to a floor price of $2.50. Accordingly, the convertible note reported herein has been adjusted to reflect the floor price.
F5	The maturity date of the convertible note will be February 19, 2027 or, if earlier, the date on which the consolidated convertible loan becomes due and payable pursuant to the terms of the convertible note or any other loan document.