Braze (BRZE) IPO Opens 34% Higher

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Go back to Braze (BRZE) IPO Opens 34% Higher

Braze Announces Pricing of Initial Public Offering

November 16, 2021 9:57 PM EST

NEW YORK, Nov. 16, 2021 /PRNewswire/ -- Braze, Inc. ("Braze") today announced the pricing of its initial public offering of 8,000,000 shares of Class A common stock at a price to the public of $65.00 per share. Braze is offering 6,700,000 shares of Class A common stock and the selling stockholders named in the prospectus are offering 1,300,000 shares of Class A common stock. In addition, Braze has granted the underwriters a 30-day option to purchase up to 800,000 additional shares of Class A common stock at the initial public offering price less underwriting discounts and commissions. Braze will not receive... More