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Blze backblaze
Blze backblaze









Founded in 2007, the company is based in San Mateo, CA. With over two billion gigabytes of data storage under management, the company currently works with more than 500,000 customers in over 175 countries.

BLZE BACKBLAZE ARCHIVE

The Backblaze Storage Cloud provides a foundation for businesses, developers, IT professionals, and individuals to build applications, host content, manage media, backup and archive data, and more. The conversion had no effect on the economic rights of holders of shares of Class A common stock or Class B common stock, except for the elimination of the different voting powers of the two classes of stock.īackblaze makes it astonishingly easy to store, use, and protect data.

blze backblaze

Shares of Class B common stock irrevocably convert into shares of Class A common stock on a 1:1 basis.Įffective as of July 6, 2023, all outstanding shares of the Company’s Class B common stock automatically converted into Class A common stock on a one-for-one basis. Backblaze ( NASDAQ: BLZE) went public in November 2021, raising approximately 100 million in gross proceeds from an IPO priced at 16.00 per share. Personal online backup to enterprise scale data storage solutions. Each Class A share is entitled to one vote, and each Class B share is entitled to ten votes. Backblaze is a pioneer in robust, scalable low cost cloud backup and storage services.

blze backblaze

The rights of the holders of Class A and Class B shares are identical, except in regards to voting. Since the Company’s initial public offering in November 2021 listing the Company’s Class A common stock, the Company has had two classes of common stock: Class A common stock and Class B common stock. “We believe that simplifying the company’s capital structure is good for corporate governance and will help further the best interests of shareholders and broaden investor appeal.” View Backblaze, Inc BLZE investment & stock information. “We have always prioritized simplicity as a company and this change aligns with our company values,” said Gleb Budman, Backblaze CEO and Chairperson of the Board. The change underscores Backblaze’s commitment to being a shareholder-friendly company by simplifying the capital structure and administration processes. Today is a big day for Backblazewe became a public company listed on the Nasdaq Stock Exchange under the ticker symbol BLZE Before I explain what this means for us and for you, I want to give my thanks. (Nasdaq: BLZE), the leading specialized storage cloud platform, today announced that its stockholders approved the auto-conversion of all outstanding shares of Class B common stock into shares of Class A common stock (on a 1:1 basis), thereby eliminating the Company’s dual-class share structure and providing all shareholders equal voting rights. Backblaze Inc (NASDAQ:BLZE) Largest Quarterly Institutional Transactions Latest Institutional Activity Top 10 Owners of Backblaze Inc Top 10 Mutual Funds.

blze backblaze

SAN MATEO, Calif., J(GLOBE NEWSWIRE) - Backblaze, Inc. Backblaze is a pioneer in robust, scalable low cost cloud backup and storage services.









Blze backblaze