Welcome to our dedicated page for Braze news (Ticker: BRZE), a resource for investors and traders seeking the latest updates and insights on Braze stock.
Braze, Inc. reports developments around its customer engagement platform for brands, including fiscal results, guidance updates, investor conference activity, and management changes. Its announcements commonly discuss subscription revenue, customer growth, dollar-based net retention, operating leverage, and the platform's role in cross-channel messaging, journey orchestration, personalization, and real-time data activation.
Product news centers on BrazeAI, including BrazeAI Decisioning Studio, BrazeAI Operator, BrazeAI Agent Console, and creative tools for marketers. Company research releases also address AI adoption, customer trust, data use, and industry use cases across retail and e-commerce, media and entertainment, financial services, travel, and hospitality.
Braze announced the pricing of its initial public offering (IPO) of 8,000,000 shares of Class A common stock at $65.00 per share. Of these, 6,700,000 shares are offered by Braze, while 1,300,000 shares are from selling stockholders. The underwriters have an option to purchase an additional 800,000 shares. Shares will begin trading on Nasdaq under the ticker symbol 'BRZE' on November 17, 2021, with the offering closing on November 19, 2021, pending customary conditions. Goldman Sachs, J.P. Morgan, and Barclays are lead managers for the IPO.