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Recent Updates — BLZE

July 2, 2026View Source ↗

Backblaze, Inc. amended its existing credit agreement with Citizens Bank, N.A. on June 30, 2026. The amendment modifies a negative covenant to increase the permitted indebtedness threshold for capitalized lease transactions, allowing for up to $150 million in outstanding capital leases. Backblaze, Inc. is a technology company providing cloud storage and data protection services.

June 23, 2026View Source ↗

Backblaze, Inc. entered into a Master Strategic Agreement with CoreWeave, Inc. effective June 16, 2026, with an estimated total contract value of approximately $335 million over five and seven-year terms. The agreement includes the provision of cloud object storage capacity via the B2 Cloud Storage platform and managed storage solutions. As part of the transaction, Backblaze issued two common stock purchase warrants to CoreWeave, Inc. to purchase a total of 4,194,876 shares of common stock at an exercise price of $7.60 per share. Backblaze, Inc. operates in the cloud storage and data center services industry.