Braze (BRZE) IPO Opens 34% Higher

Today's IPO for Braze, Inc. (NASDAQ: BRZE) opened for trading at $87.20 after pricing 8,000,000 shares of Class A common stock at a price to the public of $65.00 per share.

Goldman Sachs & Co. LLC, J.P. Morgan and Barclays are acting as joint lead book-running managers for the offering. Piper Sandler and William Blair are acting as joint book-running managers for the offering. Canaccord Genuity, Cowen, JMP Securities, Needham & Company, Oppenheimer & Co. Inc., Raymond James and Loop Capital Markets are acting as co-managers for the offering.

Braze is a leading comprehensive customer engagement platform that powers interactions between consumers and brands they love. With Braze, global brands can ingest and process customer data in real time, orchestrate and optimize contextually relevant, cross-channel marketing campaigns and continuously evolve their customer engagement strategies.

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