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Backblaze Stock Offering Underwriters Fully Exercise Option for Additional Shares
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Backblaze Stock Offering Underwriters Fully Exercise Option for Additional Shares
Nov 26, 2024 2:03 AM

04:42 AM EST, 11/26/2024 (MT Newswires) -- Backblaze ( BLZE ) said Tuesday that underwriters of its recently completed upsized public stock offering, which closed Friday, have exercised in full their option to purchase 937,500 additional shares at $5.60.

The additional sales bring the total net proceeds of the offering to $37.5 million.

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