Confirmation: IPO for Backblaze on Nasdaq

Backblaze, Inc. launched the roadshow for its IPO.

It has filed a registration statement on Form S-1 with the SEC to offer 6,250,000 shares of its Class A common stock to the public. In addition, the underwriters will have a 30-day option to purchase up to an additional 937,500 shares of Class A common stock from Backblaze. The price is expected to be between $15.00 and $17.00 per share.

The company applied to list its Class A common stock on the Nasdaq Global Market under the ticker symbol BLZE.

Oppenheimer & Co., William Blair & Company, LLC and Raymond James will act as lead book-running managers for the proposed offering, with JMP Securities and B. Riley Securities acting as joint book-running managers. Lake Street will act as co-manager for the proposed offering.