---
schema_version: "secwatch.filing_event.v1"
accession: "0001462056-23-000173"
form_type: "8-K"
ticker: "BLZE"
cik: "0001462056"
company_name: "Backblaze, Inc."
filed_at: "2023-07-10T23:59:59+00:00"
generated_at: "2026-06-13T10:32:43.110611+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Backblaze completes conversion of all Class B shares into Class A, eliminating dual-class structure

## Summary
- Class B holders approved conversion; all ~11.2M Class B shares convert to Class A effective July 6, 2023.
- Post-conversion, each former Class B share carries one vote instead of ten; economic interests unchanged.
- Certificate of Retirement filed July 7 to retire converted Class B shares, reducing total authorized shares.
- Class A stock continues trading as BLZE on Nasdaq; no change to CUSIP.

## SEC filing metadata
- accession: 0001462056-23-000173
- form_type: 8-K
- ticker: BLZE
- cik: 0001462056
- company_name: Backblaze, Inc.
- filed_at: 2023-07-10T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 3.03, 5.07, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1462056/000146205623000173/0001462056-23-000173-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1462056/000146205623000173/blze-20230705.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001462056-23-000173
- JSON: https://secwatch.observer/filing/0001462056-23-000173.json
- Plain text: https://secwatch.observer/filing/0001462056-23-000173.txt

## Key facts
- Governance Changes
  Backblaze, Inc.: Retired shares of Class B common stock via Certificate of Retirement (effective 2023-07-07).
  - Change: charter amendment
  - Effective: 2023-07-07
  source text: on July 7, 2023 , the Company filed the Certificate of Retirement with the Secretary of State of the State of Delaware to retire the shares of Class B common stock that were issued but no longer outstanding following the conversion.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1462056/000146205623000173/0001462056-23-000173-index.htm
- Shareholder Votes
  Backblaze, Inc. shareholders approved Approval of the conversion of all outstanding shares of Class B common stock into the same number of shares of Class A common stock.
  - Outcome: passed
  source text: the holders of a majority of the Company’s outstanding shares of Class B common stock (the “Class B Majority”) approved the conversion of all outstanding shares of Class B common stock into the same number of shares of the Company’s Class A common stock
  evidence_url: https://www.sec.gov/Archives/edgar/data/1462056/000146205623000173/0001462056-23-000173-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.