ALCO INVESTMENT CO purchased 589.4% of their position (282.42K shares) of BANZAI INTERNATIONAL, INC. on the open market
Open‑market purchase worth $1.10M — a major conviction buy. The strongest form of insider conviction signal.
P · 1 purchase
Filed: 9/24/2024ACC: 0001493152-24-038034
DirectorOther
Since Dec 2023
-2.10M
Net shares
Net seller
$1.10M
Total acquired
1
Open market trades
1B · 0S
3
Total transactions
282.42K acquired · 2.38M disposed
Non-Derivative Transactions1
Class A Common Stock
Direct
Shares
+282.42K
Price / share
$3.89
Trade value
$1.10M
% of position
589.4%
9/20/2024
47.92K→330.34K
Total
Net shares
+282.42K
Net value
$1.10M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock Direct | 9/20/2024 | P · Purchase | +282.42K | $3.89 | $1.10M | 589.4% | 47.92K | 330.34K |
| Total | +282.42K | $1.10M | ||||||
Derivative Transactions2
Pre-Funded Warrants (Right to Buy)
Direct
Converts to
Class A Common Stock
1.05M shares
Shares
−1.05M
Strike price
0.0001
Held after
1.05M
Exercisable
—
9/20/2024
Common Stock Warrants (Right to Buy)
Direct
Converts to
Class A Common Stock
1.33M shares
Shares
−1.33M
Strike price
4.02
Held after
1.33M
Exercisable
—
9/20/2024
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Pre-Funded Warrants (Right to Buy) Direct | Class A Common Stock1.05M shares | 9/20/2024 | P · Purchase | −1.05M | 0.0001 | — | 1.05M |
| Common Stock Warrants (Right to Buy) Direct | Class A Common Stock1.33M shares | 9/20/2024 | P · Purchase | −1.33M | 4.02 | — | 1.33M |