Banzai International Inc. has restructured its debt by converting approximately $52,244.91 into 71,704 shares of Class A Common Stock and entered into various repayment agreements, including a significant $2,000,000 debt conversion into equity with CP BF Lending, LLC, resulting in the issuance of 260,849 shares and warrants. The company also plans to reduce its workforce by about 34% to save approximately $1.3 million in annual operating expenses.