Home / Auditor changes / Banzai International, Inc.

4/5Banzai International, Inc. (BNZI): Auditor change

Filed 2025-04-25 路 Form 8-K 路 Accession 0001641172-25-006216 nano

Market data

Price before filing: $206 (2025-04-24 close, split/dividend-adjusted)
Market cap at flag: $1.9M (2025-04-25) 路 Latest: $1.7M (2026-09-03)

What happened next

WindowBNZISPYvs SPY
30 days+1.0%+8.1%-7.2%2025-05-27
90 days-61.8%+16.4%-78.2%2025-07-24
180 days-76.0%+22.9%-98.9%2025-10-22

Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.

Insider trading around this filing

90 days before the flag: 1 insider sold $49K (11 sales)
30 days after: none reported.

DateInsiderTypeSharesPriceValue10b5-1 planSource
2025-04-21Davy Joseph P.
Chief Executive Officer, Director, 10% owner
Sale8,000$0.95$8KnoForm 4
2025-04-21Davy Joseph P.
Chief Executive Officer, Director, 10% owner
Sale9,000$0.96$9KnoForm 4
2025-04-21Davy Joseph P.
Chief Executive Officer, Director, 10% owner
Sale7,000$0.97$7KnoForm 4
2025-04-21Davy Joseph P.
Chief Executive Officer, Director, 10% owner
Sale1,000$0.98$980noForm 4
2025-04-22Davy Joseph P.
Chief Executive Officer, Director, 10% owner
Sale9,000$0.98$9KnoForm 4
2025-04-22Davy Joseph P.
Chief Executive Officer, Director, 10% owner
Sale4,000$0.99$4KnoForm 4
2025-04-22Davy Joseph P.
Chief Executive Officer, Director, 10% owner
Sale5,000$1.00$5KnoForm 4
2025-04-22Davy Joseph P.
Chief Executive Officer, Director, 10% owner
Sale3,000$1.01$3KnoForm 4
2025-04-22Davy Joseph P.
Chief Executive Officer, Director, 10% owner
Sale1,000$1.02$1KnoForm 4
2025-04-22Davy Joseph P.
Chief Executive Officer, Director, 10% owner
Sale2,000$1.03$2KnoForm 4
2025-04-22Davy Joseph P.
Chief Executive Officer, Director, 10% owner
Sale1,000$1.04$1KnoForm 4
2025-04-25: red flag filed

Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-01-25 to 2025-05-25. Excludes option exercises, grants, gifts and tax withholding. Amended filings replace the originals; joint filings count once. Foreign private issuers do not file Form 4. Many insider sales are pre-scheduled (10b5-1 plans) and are not by themselves a sign of wrongdoing.

Verified excerpt

"As a result of this process, on April 22, 2025, the Audit Committee approved the dismissal of Marcum LLP ("Marcum") as the Company's independent registered public accounting firm, effective immediately."

Quoted from the filing. Source

What this means

The company changed its outside auditor (8-K Item 4.01). A dismissal or resignation, especially near an annual report or with reported disagreements, is a warning sign. Changes caused by audit firms merging are usually routine.

Type: dismissed
Disagreements reported: no
Former auditor: Marcum LLP · New auditor: Bush & Associates CPA LLC

Why this score: also within 90 days: Going-concern doubt

Read the original filing on SEC.gov →

Not investment advice. Automated summary; verify against the filing.

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