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Interested in Crypto? Read This First.#1 EV Stock Still Flying Under the Radar.Man Who Called Black Monday: “Prepare Now.”.Stock Prodigy Who Found NIO at $2… Says Buy THIS Now.The opinions expressed in this article are those of the writer, subject to the Publishing Guidelines. On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. RIDE Stock: The $230M Reason Lordstown Motors Is Racing Higher Today.HBAR Crypto News: Hedera Hashgraph’s New Grant Promises to Transform How You Invest.AGC Stock: Why Altimeter Growth Is Slumping Ahead of the Grab SPAC Merger.You can get all of those details from the following links! More Stock Market News for Thursday 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. InvestorPlace has all the latest stock news that traders need to know about today. There’s plenty more news worth diving into below! They are also all still together working at Backblaze.During that time, they launched two other companies.These co-founders had been working together for 20 years before creating Backblaze.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.
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Backblaze is a cloud storage company that makes it easy for users to save their data.The Backblaze is set to close on Monday.7 F-Rated Stocks to Sell Before We Reach Christmas.Finally, Lake Street is acting as the co-manager of the IPO.Riley Securities are serving as the joint book-running managers for it. Oppenheimer & Co., William Blair and Raymond James are the lead book-running managers for the offering.Underwriters also have a 30-day option to purchase an additional 937,500 shares at the IPO price.This has Backblaze expecting gross proceeds of $100 million from the IPO.It’s also worth noting that the offering includes 6.25 million shares.It’s pricing these shares at $16 each, which is the midpoint of its previous range of $15 to $17 per share.First off, the company plans to list shares of BLZE stock on the Nasdaq Exchange.There is no cost or obligation to you.Let’s jump into all the details traders need to know about the Backblaze IPO. Jim Baker, join this action, you can go to: or. Past results do not guarantee future outcomes. For more information about the firm and its attorneys, please visit. Backblaze CEO Gleb Budman, center, celebrated first day of trading on Nasdaq. Johnson Fistel seeks to recover losses incurred due to violations of federal securities laws. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. If emailing, please include a phone number. If you have information that could assist in this investigation, including past employees and others, or a Backblaze shareholder interested in learning more about the investigation, please contact Jim Baker ( ) by email or phone at 61. Securities and Exchange Commission in connection with its November 2021 IPO and subsequent investor communications contained untrue statements of material facts or omitted to state other facts necessary to make the statements made therein not misleading concerning the Company's business, and operations. Specifically, Johnson Fistel's investigation seeks to determine whether the Company's filings with the U.S. Following this news, on February 18, 2022, in early morning trading, the stock was trading at $9.50, 40% below the IPO price. Then, on February 17, 2022, the Company reported a net loss that widened to $0.38 compared to a net loss per share of $0.18 in Q4 2020. First off, the company plans to list shares of BLZE stock on the Nasdaq Exchange. On or around November 11, 2021, Backblaze conducted its initial public offering ("IPO"), issuing 6,250,000 shares priced at $16.00 per share. Let’s jump into all the details traders need to know about the Backblaze IPO. ("Backblaze " or "the Company") (NASDAQ: BLZE).
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February 18, 2022) - Shareholder rights law firm Johnson Fistel, LLP is investigating potential violations of the federal securities laws by Backblaze, Inc.