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Banzai Sets Oct. 27 Name Change to Parabolic Technologies

The company also announced a 1-for-10 reverse split covering outstanding Class A and Class B common stock.

By John Kim
Published
Ten silver discs sit pressed together beside a larger disc / TokenPost.ai
Ten silver discs sit pressed together beside a larger disc / TokenPost.ai

Banzai International, Inc. (PARA) will adopt the corporate name Parabolic Technologies on Oct. 27, and its announcement also disclosed a 1-for-10 reverse split for outstanding Class A and Class B shares.

The company announced both actions on Oct. 22. Under the reverse-split ratio, 10 shares in each covered class are combined into one share.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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