Banzai International Reveals Name Change to Parabolic Technologies Effective On October 27, 2026; Co. To Effect A 1-For-10 Reverse Stock Split

Banzai International, Inc. (NASDAQ:PARA) (d/b/a "Parabolic" or the "Company"), a leading AI-powered agentic applications technology company, today announced that effective at market open on October 27, 2026, the Company’s corporate name will officially change to "Parabolic Technologies, Inc." The Company will also effect a one-for-ten (1-for-10) reverse stock split of its outstanding Class A Common Stock and Class B Common Stock (together, the "Common Stock").