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.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments