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Backblaze Announces Pricing of Upsized $175 Million Convertible Senior Notes Offering
Summary by WBOC 16
6 Articles
6 Articles
Backblaze prices upsized $175M convertible notes offering at 0.00%
Backblaze (BLZE) has priced an upsized private offering of $175M aggregate principal amount of 0.00% convertible senior notes due 2031, expanded from the previously targeted $150M. The company also granted initial purchasers an option to buy up to an
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Backblaze Announces Proposed Private Offering of $150 Million of Convertible Senior Notes
SAN FRANCISCO — Backblaze, Inc. (Nasdaq: BLZE), the storage platform powering AI and data-intensive workloads, today announced that it intends to offer, subject to market and other conditions, $150 million aggregate principal amount of Convertible Senior Notes due 2031 (the “Notes”) in a private offering (the “Offering”) to qualified institutional buyers pursuant to Rule 144A […]
Coverage Details
Total News Sources6
Leaning Left0Leaning Right2Center1Last Updated67% Right
Bias Distribution
- 67% of the sources lean Right
67% Right
C 33%
R 67%
Factuality
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