Banzai International, Inc. (PARAW) Warrant
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.
PARA vs strike, last 12 months
No share-price history for PARA yet.
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
- Value of all listed warrants
- $9 (0.0% of market cap)
Market cap is the last share price times shares outstanding (as of 2026-06-30). All SEC filings for this company.
Model value vs price Pro
- Model value
- Last price
- $0.0082
- Price / model
Get Pro to see whether PARAW is cheap or rich against our model.
Dilution
- Shares outstanding
- 2.69M
- Listed warrants
- 1.15K
- Dilution if all exercised
- —
Warrant count from filing iXBRL: PublicWarrantsMember.
Filings and events
- Material Agreement · 8-K/A
- Material Agreement · 8-K/A
- Terms source: S-1/A
- Reverse split 1:20
- Reverse split 1:10
- Reverse split 1:50
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.