On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. RIDE Stock: The $230M Reason Lordstown Motors Is Racing Higher Today.HBAR Crypto News: Hedera Hashgraph’s New Grant Promises to Transform How You Invest.AGC Stock: Why Altimeter Growth Is Slumping Ahead of the Grab SPAC Merger.You can get all of those details from the following links! More Stock Market News for Thursday That includes what has Altimeter Growth ( NASDAQ: AGC) falling, what to know about Hedera Hashgraph (CCC: HBAR-USD), as well as the news sending Lordstown Motors ( NASDAQ: RIDE) stock higher. InvestorPlace has all the latest stock news that traders need to know about today. There’s plenty more news worth diving into below! They are also all still together working at Backblaze.During that time, they launched two other companies.These co-founders had been working together for 20 years before creating Backblaze.The company was created by seven co-founders that built their own storage solutions.The company currently has about 500,000 customers across more than 175 countries.Users can also make use of the company’s services to host content, manage media, build apps, and more.Backblaze is a cloud storage company that makes it easy for users to save their data.The Backblaze is set to close on Monday.Finally, Lake Street is acting as the co-manager of the IPO.ħ F-Rated Stocks to Sell Before We Reach Christmas.Riley Securities are serving as the joint book-running managers for it. Oppenheimer & Co., William Blair and Raymond James are the lead book-running managers for the offering.Underwriters also have a 30-day option to purchase an additional 937,500 shares at the IPO price.This has Backblaze expecting gross proceeds of $100 million from the IPO.It’s also worth noting that the offering includes 6.25 million shares.It’s pricing these shares at $16 each, which is the midpoint of its previous range of $15 to $17 per share.First off, the company plans to list shares of BLZE stock on the Nasdaq Exchange.Let’s jump into all the details traders need to know about the Backblaze IPO.
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