Banzai International, Inc. (PARA) · Oct 30, 2026 · Delisting

Parabolic Technologies delisting notice puts Nasdaq listing at risk

Delisting determination — $1 bid-price failure; no compliance period after cumulative 1-for-2,000 reverse splits

Parabolic Technologies received a Nasdaq delisting determination after repeated reverse splits failed to restore compliance, while shareholders approved more issuance capacity.

Parabolic is trying to reposition its MarTech software business around three units—ConnectAndSell, Banzai’s Demio and OpenReel products, and AI video platform CreateStudio—while pursuing cost savings and a broader AI applications strategy.

The listing problem is now formal and immediate. Nasdaq determined that the company failed the $1.00 minimum bid-price rule after trading below that level for 30 consecutive business days. The more serious point is that the company is not eligible for the normal 180-day cure period because it has completed multiple reverse splits, including a 1-for-10 split on October 27, 2026, producing a cumulative 1-for-2,000 ratio. 〔0〕

The hearing is a stay, not a solution. The company plans to appeal, and a timely request would prevent the planned November 5 suspension while the Nasdaq panel considers its case. 〔1〕 But the filing gives no assurance that the panel will allow continued listing or that another compliance period would work, so the event materially weakens the company’s operating and financing position even before any final delisting.

The shareholder approvals improve financing flexibility but also point toward dilution. Investors approved increasing authorized shares from 350 million to as many as 850 million, plus potential issuance for a public offering and conversion of the Evergreen note and warrants. 〔2〕 These approvals are not themselves a financing, but they give the company more room to raise capital or settle securities in stock—an important fallback as Nasdaq status becomes uncertain.

Bottom line: This is a genuine setback to the company’s transition: the latest reverse split did not restore Nasdaq compliance, and the usual cure period is unavailable. The appeal may buy time, but it does not remove the delisting risk or the likely need for additional capital actions.

What to watch next

Nasdaq hearing request due November 3, 2026

Original filing on SEC EDGAR

More Banzai International, Inc. news

Parabolic Technologies delisting notice puts Nasdaq listing at risk | PARA Stock News
AllSight

Breaking down Wall Street's
information edge.

A buy-side analyst on every ticker — it reads every public company's filing the instant it drops and decodes it into plain English.

—
8-K events this week
—
filings analyzed in total
live · updated 30s ago
Live events · whole market · · --:--:-- ET
AllSight read
Straight from the 8-K
Verbatim from the filing AllSight decoded — highlighted above. Open on SEC EDGAR ↗
Limited-time offerFree 14-day Pro trial
AllSight

Sign in to AllSight

  • Follow any company — we email you the moment it files, free!
  • Your watchlist saved to your account, on every device — free!

by Signing in NOW, claim your FREE 14-day Pro trial!

No password. We email you a 6-digit code. By continuing you agree to our Terms & Privacy.
AllSight · Live plain-English 8-K decodes across the whole US market · Not investment advice.