Banzai International, Inc. is now called Parabolic Technologies, Inc. and has paid off $11.6 million in debt.

Nov 10, 2026, 2:24 PM ETMarketRead the original at Business Insider

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Parabolic paid off $11.6 million in debt early and retired 3i's warrants, easing future debt payments. It used public-offering proceeds, but the report gives no details about the offering's cost or share-count effect.

PARA · Parabolic Technologies, Inc.

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With those debt payments gone, the company says it will not need future capital to service this debt. That could leave more room to expand its AI-focused operations. The money came from a public offering, but the report does not explain its terms or share-count effect.

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