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The latest update is out from Backblaze ( (BLZE) ).
Backblaze, Inc. has voluntarily terminated its Loan and Security Agreement with City National Bank. The termination follows the company’s successful follow-on public offering in November 2024, which raised approximately $37.5 million, allowing the company to fully pay down the revolving credit amount.
More about Backblaze
YTD Price Performance: -7.11%
Average Trading Volume: 356,241
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $357.1M
Learn more about BLZE stock on TipRanks’ Stock Analysis page.
