

Backblaze ipo archive#
The Backblaze Storage Cloud provides a foundation for businesses, developers, IT professionals, and individuals to store, back up and archive data, host content, manage media, build their applications, and more.
Backblaze ipo registration#
This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.Ībout Backblaze: Backblaze makes it astonishingly easy to store, use, and protect data. Petersburg, FL 33716, email: telephone: 80. Attention: Prospectus Department, 150 North Riverside Plaza, Chicago, IL 60606, or by telephone at (800) 621-0687 or by email at or Raymond James & Associates, Inc., 880 Carillon Parkway, St. Inc., Attention: Syndicate Prospectus Department, 85 Broad St., 26th Floor, New York, NY 10004, by telephone at (212) 667-8055, or by email at William Blair & Company, L.L.C. Alternatively, copies of the prospectus related to the offering may be obtained, when available, from Oppenheimer & Co.
Backblaze ipo for free#
You may get these documents for free by visiting the SEC website at. The offering is being made only by means of a prospectus.

Riley Securities acting as joint book-running managers, and Lake Street acting as the co-manager for the offering.Ī registration statement relating to this offering was declared effective by the Securities and Exchange Commission on November 10, 2021.

Indeed, per Crunchbase data, it only raised a. That’s because it has a track record of not losing money. Oppenheimer & Co., William Blair and Raymond James are acting as lead book-running managers for the offering, with JMP Securities and B. Backblaze, based in San Mateo, California, has a very limited venture capital history. In addition, the underwriters of the initial public offering have a 30-day option to purchase up to an additional 937,500 shares of Class A common stock from the Company at the initial public offering price, less underwriting discounts and commissions.īackblaze’s Class A common stock is expected to begin trading on the Nasdaq Global Market on Novemunder the ticker symbol "BLZE." The offering is expected to close on November 15, 2021, subject to the satisfaction of customary closing conditions. ("Backblaze"), a leading storage cloud platform, announced the pricing of its initial public offering of 6,250,000 shares of its Class A common stock at a price to the public of $16.00 per share, for gross proceeds to Backblaze of $100,000,000, before underwriting discounts, commissions, and offering expenses payable by Backblaze. That includes what has Altimeter Growth ( NASDAQ: AGC) falling, what to know about Hedera Hashgraph (CCC: HBAR-USD), as well as the news sending Lordstown Motors ( NASDAQ: RIDE) stock higher.SAN MATEO, Calif., November 11, 2021-( BUSINESS WIRE)-Backblaze, Inc. InvestorPlace has all the latest stock news that traders need to know about today. InvestorPlace - Stock Market News, Stock Advice & Trading Tips We incurred net losses of 1.0 million and 6.6 million for the years ended Decemand 2020, respectively. Amazon priced its IPO at 18 per share, and now the. > In the years ended Decemand 2020, our revenue was 40.7 million and 53.8 million, respectively, representing growth of 32. Although Backblaze priced its IPO stock at 16, investors showed on the first day of trading that they were willing to pay more than 22 for it. There’s plenty more news worth diving into below! Kind of surprised they aren’t profitable.

They are also all still together working at Backblaze. These co-founders had been working together for 20 years before creating Backblaze.ĭuring that time, they launched two other companies. The company was created by seven co-founders that built their own storage solutions. The company currently has about 500,000 customers across more than 175 countries. Users can also make use of the company’s services to host content, manage media, build apps, and more. (Backblaze), a leading storage cloud platform, today announced that it has launched the roadshow for its initial public offering. 7 F-Rated Stocks to Sell Before We Reach Christmasīackblaze is a cloud storage company that makes it easy for users to save their data.
