Blaize Prices 35 Million Dollar Public Offering of Common Stock

May 6, 2026
Blaize Holdings has priced a 35 million dollar public offering of common stock at 1.85 dollars per share, with the offering expected to close on May 7, 2026.
Blaize Prices 35 Million Dollar Public Offering of Common Stock

Blaize announced in a press release the pricing of its registered underwritten public offering of 18,918,918 shares of common stock at 1.85 dollars per share. The transaction is expected to generate approximately 35 million dollars in gross proceeds before underwriting discounts and expenses.

The company has also granted underwriters a 30 day option to purchase up to an additional 2,837,837 shares at the same price. The offering is expected to close on May 7, 2026, subject to customary conditions.

Northland Capital Markets is acting as the sole bookrunning manager, while The Benchmark Company is serving as co manager. Blaize plans to use the net proceeds for working capital and general corporate purposes.

Blaize develops programmable AI computing platforms that combine its Graph Streaming Processor with GPU based infrastructure for inference workloads across edge, cloud, and data center environments.

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