Backblaze expands credit facility from $9.5M to $30M revolving line with City National Bank

Backblaze, Inc.

Revolving line increased to $30 million from $9.5 million under amended loan agreement.
Commitment fee of $114,375 paid to City National Bank.
Anniversary fee and commitment fee structure modified, expected net fee reduction.
Reporting deadline for compliance certificates extended from 45 to 52 days.
No event of default; borrower reaffirms representations and warranties.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.