{"id":1017358,"date":"2026-11-05T05:30:02","date_gmt":"2026-11-05T10:30:02","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/backblaze-announces-inducement-grant-under-nasdaq-listing-rule-5635c4-3\/"},"modified":"2026-11-05T05:30:02","modified_gmt":"2026-11-05T10:30:02","slug":"backblaze-announces-inducement-grant-under-nasdaq-listing-rule-5635c4-3","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/backblaze-announces-inducement-grant-under-nasdaq-listing-rule-5635c4-3\/","title":{"rendered":"Backblaze Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b><i>Backblaze Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)<\/i><\/b><\/p>\n<p>SAN FRANCISCO&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nBackblaze, Inc. (Nasdaq: BLZE), the high-performance capacity storage layer for AI, today announced that on October 29, 2026, it granted an equity inducement award to Gali Kovacs, the Company\u2019s VP of Strategy and Operations, as a material inducement to Ms. Kovacs\u2019 employment with the Company.<\/p>\n<p>\nThe inducement award consists of 47,500 restricted stock units (\u201cRSUs\u201d) for Ms. Kovacs. The RSUs will vest as to 25% of the underlying shares after one year, with the balance vesting in equal quarterly installments over the remaining three years. RSUs are subject to Ms. Kovacs\u2019 continued employment with Backblaze through each applicable vesting date.<\/p>\n<p><b>About Backblaze<\/b><\/p>\n<p>\nBackblaze (NASDAQ: BLZE) is the high-performance capacity storage layer for AI. Built over two decades, the company has leveraged hardware, software, and operational innovation into a platform that delivers the performance and economics the AI era demands\u2014without lock-in. Today, more than 500,000 customers trust Backblaze to move and store the data powering their businesses, reaching hundreds of millions of end users across 175 countries. For more information, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.backblaze.com&amp;esheet=54635886&amp;newsitemid=20261104843003&amp;lan=en-US&amp;anchor=www.backblaze.com&amp;index=1&amp;md5=2a4370a729f02868b5815b2a5bf85828\">www.backblaze.com<\/a>.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20261104843003r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20261104843003\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20261104843003\/en\/<\/a><\/span><\/p>\n<p><b>Investors<br \/>\n<\/b><br \/>Mimi Kong<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:ir@backblaze.com\">ir@backblaze.com<\/a><\/p>\n<p><b>Press Contact:<br \/>\n<\/b><br \/>Renatta Siewert<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:press@backblaze.com\">press@backblaze.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America Canada California<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Hardware Data Management Technology Artificial Intelligence Software<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20261104843003\/en\/1143290\/3\/Backblaze_Logo.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Backblaze Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4) SAN FRANCISCO&#8211;(BUSINESS WIRE)&#8211; Backblaze, Inc. (Nasdaq: BLZE), the high-performance capacity storage layer for AI, today announced that on October 29, 2026, it granted an equity inducement award to Gali Kovacs, the Company\u2019s VP of Strategy and Operations, as a material inducement to Ms. Kovacs\u2019 employment with the Company. The inducement award consists of 47,500 restricted stock units (\u201cRSUs\u201d) for Ms. Kovacs. The RSUs will vest as to 25% of the underlying shares after one year, with the balance vesting in equal quarterly installments over the remaining three years. RSUs are subject to Ms. Kovacs\u2019 continued employment with Backblaze through each applicable vesting date. About Backblaze Backblaze (NASDAQ: BLZE) is the high-performance &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/backblaze-announces-inducement-grant-under-nasdaq-listing-rule-5635c4-3\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Backblaze Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-1017358","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Backblaze Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4) - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/backblaze-announces-inducement-grant-under-nasdaq-listing-rule-5635c4-3\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Backblaze Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4) - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Backblaze Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4) SAN FRANCISCO&#8211;(BUSINESS WIRE)&#8211; Backblaze, Inc. (Nasdaq: BLZE), the high-performance capacity storage layer for AI, today announced that on October 29, 2026, it granted an equity inducement award to Gali Kovacs, the Company\u2019s VP of Strategy and Operations, as a material inducement to Ms. Kovacs\u2019 employment with the Company. The inducement award consists of 47,500 restricted stock units (\u201cRSUs\u201d) for Ms. Kovacs. The RSUs will vest as to 25% of the underlying shares after one year, with the balance vesting in equal quarterly installments over the remaining three years. RSUs are subject to Ms. Kovacs\u2019 continued employment with Backblaze through each applicable vesting date. 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