Blaize Holdings, Inc. disclosed the initial equity holdings of its Chief Revenue Officer, Stephen Paul Patak. He holds an employee stock option covering 800,000 shares of common stock at an exercise price of $1.1800 per share. According to the terms, 25% of this option vests on January 12, 2027, with the remaining portion vesting in equal quarterly installments until expiration on March 29, 2036. He also holds 20,000 restricted stock units that vest in eight equal quarterly installments beginning on April 12, 2026, with each unit representing the right to receive one share of common stock.
Blaize Holdings, Inc. General Counsel Kimberly Peterson reported an initial holding of restricted stock units representing 300,000 shares of common stock. These restricted stock units vest 25% on June 1, 2026, with the remaining units vesting in equal quarterly installments thereafter.
Each restricted stock unit is a contingent right to receive one share of Blaize Holdings common stock, meaning Peterson’s equity exposure will increase over time as the units vest, assuming continued service and satisfaction of the vesting conditions.
Blaize Holdings, Inc. insider Dinakar Munagala filed an amended Schedule 13D/A updating his ownership and disclosing a new preset trading arrangement. He reports beneficial ownership of 8,045,893 shares of common stock, representing 6.2% of the class, based on 122,744,509 shares outstanding as of March 20, 2026.
The stake consists of 551,422 shares of common stock plus 7,494,471 shares underlying stock options that are vested or expected to vest within 60 days, and excludes 1,371,303 earn-out shares. On December 12, 2025 he entered into a Rule 10b5-1 trading plan under which a broker may periodically sell up to an aggregate of 1,864,650 shares of Blaize common stock on his behalf. Since the prior amendment, options to purchase 1,219,590 shares have vested, and no other transactions in the common stock are reported.
Blaize Holdings, Inc. files its annual report describing an AI-focused computing business and continued heavy losses, raising substantial doubt about its ability to continue as a going concern.
The company develops AI accelerators, cards and software, outsources manufacturing to Asian partners, and relies on a small number of major international customers. It reported a $103.8 million operating loss and used $73.8 million in operating cash in 2025. As of June 30, 2025, non‑affiliate equity market value was about $217.4 million, and as of March 20, 2026 there were 122,744,509 common shares outstanding. Blaize employs 254 people and holds 43 patents expiring between 2031 and 2044, but faces intense competition, supply-chain risk, customer concentration, and significant funding needs for its roadmap, including automotive-grade chips not expected in production until 2028 or later.
Blaize Holdings, Inc. reported a breakout year in 2025, with revenue rising to $38.6 million from $1.6 million in 2024. Quarterly revenue scaled from about $1 million in Q1 2025 to $23.8 million in Q4 2025, more than doubling sequentially from Q3 and exceeding the upper end of guidance.
The company remains unprofitable, posting a 2025 net loss of $206.9 million and Adjusted EBITDA loss of $50.5 million, though Q4 net loss improved sharply to $3.3 million from $26.3 million in the prior quarter. Operating expenses rose with scaling, but R&D and SG&A were flat sequentially in Q4.
As of December 31, 2025, Blaize held $45.8 million in cash and cash equivalents and had positive stockholders’ equity of $39.0 million versus a prior-year deficit. For 2026, the company targets $130 million in revenue and an Adjusted EBITDA loss of $45.0–$50.0 million, while planning to launch its AI Services platform in the second quarter and expand recurring, API-based AI offerings.
Temasek-affiliated entities filed an amended Schedule 13G reporting beneficial ownership of 5,517,182 Blaize Holdings, Inc. common shares, equal to 4.97% of the outstanding class. The shares are directly held by Anderson Investments Pte. Ltd., which is wholly owned through Thomson and Tembusu by Temasek Holdings.
The filing shows Temasek, Tembusu, Thomson and Anderson share voting and dispositive power over these shares and report no sole voting or dispositive authority. They certify the stake was not acquired to change or influence control of Blaize Holdings.
Blaize Holdings, Inc. has filed a shelf registration statement on Form S-3 that would allow it to offer and sell up to $250,000,000 of common stock, preferred stock, debt securities, stock purchase contracts, warrants, rights and units from time to time after the registration becomes effective. Specific terms, pricing and use of proceeds for each issuance will be detailed in future prospectus supplements. Blaize’s common stock trades on Nasdaq under the symbol BZAI, and the last reported sale price on January 26, 2026 was $1.74 per share.
The company provides AI-enabled edge computing solutions, combining programmable processors and low-code/no-code software for applications such as computer vision and video analytics across smart city, defense, retail and enterprise markets. Revenue is highly concentrated: during the first nine months of 2025, one non‑related customer in Asia Pacific accounted for 70% of revenue and one related customer in North America accounted for 20%. A Purchase Order Contract Agreement in the Persian Gulf region contemplates consideration of up to $104.0 million, but as of January 27, 2026 no products have been shipped and no payments received. Blaize notes collection and credit risks with international customers and highlights broader risk factors incorporated from its periodic reports. The company also discloses that litigation with Jefferies LLC was settled on November 30, 2025 and provides background on its January 2025 business combination with BurTech Acquisition Corp.
Harminder Sehmi, Chief Financial Officer of Blaize Holdings, Inc. (BZAI), received a grant of 200,000 stock options on 09/01/2025. The options have an exercise price of $3.57, vest in eight substantially equal quarterly installments beginning on 12/01/2025, and expire on 08/31/2035. Following the reported transaction, 200,000 underlying shares of common stock are shown as beneficially owned directly.
The Form 4 was signed on 09/03/2025 and discloses this derivative award only; no cash purchase or sale price for the reported option grant is shown other than the stated exercise price.
Blaize Holdings, Inc. filed an 8-K disclosing a stock option agreement dated September 2, 2025 and signed by the CEO. The award vests in equal installments of one-eighth of the underlying shares on each of the first eight quarterly anniversaries beginning September 1, 2025, conditioned on Mr. Sehmi remaining in continuous service through each applicable vesting date. The filing references the standard Form of Stock Option Agreement and includes an interactive cover page within the Inline XBRL document.
Blaize Holdings disclosed a mix of financing, equity-based contingent payments and operational risks in its quarterly filing. The company notes it will dissolve a recently formed 35% owned LC where no operating agreement made it the primary beneficiary and the entity incurred only insignificant expenses. Management records an $0.4 million allowance for credit losses and reports $4.95 million of estimated liabilities related to the Jefferies engagement, which may change as the matter develops. Financing items include $9.3 million of proceeds from P2P Notes, a $1.5 million outstanding working capital loan that may convert into common stock at $10.00 per share, and a Shareholder Note bearing 7.0% interest secured by 2,000,000 shares. Equity dilution features include up to 15,000,000 Earnout Shares contingent on stock-price tranches, an anti-dilution Reset provision potentially issuing up to 300,000 additional shares if the Reset Price is below $10.00, and a Purchase Agreement authorizing sales of up to 50,000,000 new shares to B. Riley. The filing highlights a $120 million revenue commitment under the Starshine Agreement over 18 months and details supply-chain and geopolitical risks affecting manufacturing and deliveries.