Blaize Holdings, Inc. Announces Distribution of Series B Preferred Stock to Holders of its Common Stock Intended to Facilitate a Reverse Stock Split, if Necessary
SAN JOSE, Calif., Oct. 16, 2026 (GLOBE NEWSWIRE) -- Blaize Holdings, Inc. (NASDAQ:BZAI, NASDAQ:BZAIW) ("Blaize," the "Company," "we," "us," and "our"), a leader in programmable, energy-efficient AI computing, announced today that its Board of Directors declared a dividend of one one-thousandth of a share of newly designated Series B Preferred Stock, par value $0.0001 per share, for each outstanding share of Blaize common stock held of record on October 26, 2026. The outstanding shares of Series B Preferred Stock will vote together with the outstanding shares of the Company’s common stock as a single class exclusively with respect to any proposal to adopt an amendment to the Company’s certi
