{"filing":{"accession_number":"0001140361-26-034200","cik":"0001462056","ticker":"BLZE","company_name":"Backblaze, Inc.","form":"8-K","filing_date":"2026-08-24","report_date":"2026-08-19","primary_document":"ef20080933_8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1462056/000114036126034200/ef20080933_8k.htm"},"events":[{"id":29219,"run_id":26733,"accession_number":"0001140361-26-034200","anchor_item_number":"1.01","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"summary":"Backblaze issued $201.25 million aggregate principal amount of 0.00% Convertible Senior Notes due 2031 pursuant to an indenture dated August 24, 2026, in a private offering to qualified institutional buyers. The convertible notes represent a material creation of direct financial obligations, with up to 11,922,393 shares of common stock potentially issuable upon conversion. The company entered into capped call transactions to mitigate dilution to existing shareholders.","company_name":"Backblaze, Inc.","ticker":"BLZE","filing_date":"2026-08-24","form":"8-K","submitted_at":null,"items":[{"id":31409,"accession_number":"0001140361-26-034200","item_number":"1.01","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Backblaze issued $201.25 million aggregate principal amount of 0.00% Convertible Senior Notes due 2031 pursuant to an indenture dated August 24, 2026. This represents a material creation of direct financial obligations. While the notes are convertible into common stock, the primary event disclosed is the issuance of debt securities, which is the hallmark of debt_issuance. The filing also documents amendments to the credit agreement to permit the issuance, further confirming the debt financing nature of the transaction.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-24T20:45:04.482839+00:00","company_name":"","ticker":null,"filing_date":""},{"id":31410,"accession_number":"0001140361-26-034200","item_number":"2.03","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Backblaze announced the pricing and issuance of $175 million aggregate principal amount of 0.00% Convertible Senior Notes due 2031 in a private offering to qualified institutional buyers. This represents the creation of a new direct financial obligation—a convertible debt instrument—which is the core subject of Item 2.03. The filing explicitly incorporates by reference details from Item 1.01 regarding the indenture and credit agreement amendment, confirming this is a material debt issuance event.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-24T20:45:04.482839+00:00","company_name":"","ticker":null,"filing_date":""},{"id":31411,"accession_number":"0001140361-26-034200","item_number":"3.02","item_title":null,"event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Backblaze issued $175 million of convertible senior notes in a private offering to qualified institutional buyers under Rule 144A, with a maximum of 11,922,393 shares of common stock potentially issuable upon conversion. This is a classic dilutive issuance—unregistered equity securities sold privately to raise capital, with significant potential dilution to existing shareholders through the conversion feature. The press release emphasizes the conversion mechanics and the company's use of capped call transactions to mitigate dilution, confirming the dilutive nature of the transaction.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-24T20:45:04.482839+00:00","company_name":"","ticker":null,"filing_date":""},{"id":31412,"accession_number":"0001140361-26-034200","item_number":"8.01","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Backblaze announced the pricing of $175 million aggregate principal amount of 0.00% Convertible Senior Notes due 2031 in a private offering to qualified institutional buyers. The company entered into a purchase agreement with BofA Securities as representative of the initial purchasers on August 19, 2026, with expected closing on August 24, 2026. This represents the creation of a new direct financial obligation and is a material capital-raising event for the company.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-24T20:45:04.482839+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":31409,"accession_number":"0001140361-26-034200","item_number":"1.01","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Backblaze issued $201.25 million aggregate principal amount of 0.00% Convertible Senior Notes due 2031 pursuant to an indenture dated August 24, 2026. This represents a material creation of direct financial obligations. While the notes are convertible into common stock, the primary event disclosed is the issuance of debt securities, which is the hallmark of debt_issuance. The filing also documents amendments to the credit agreement to permit the issuance, further confirming the debt financing nature of the transaction.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-24T20:45:04.482839+00:00","company_name":"Backblaze, Inc.","ticker":"BLZE","filing_date":"2026-08-24"},{"id":31410,"accession_number":"0001140361-26-034200","item_number":"2.03","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Backblaze announced the pricing and issuance of $175 million aggregate principal amount of 0.00% Convertible Senior Notes due 2031 in a private offering to qualified institutional buyers. This represents the creation of a new direct financial obligation—a convertible debt instrument—which is the core subject of Item 2.03. The filing explicitly incorporates by reference details from Item 1.01 regarding the indenture and credit agreement amendment, confirming this is a material debt issuance event.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-24T20:45:04.482839+00:00","company_name":"Backblaze, Inc.","ticker":"BLZE","filing_date":"2026-08-24"},{"id":31411,"accession_number":"0001140361-26-034200","item_number":"3.02","item_title":null,"event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Backblaze issued $175 million of convertible senior notes in a private offering to qualified institutional buyers under Rule 144A, with a maximum of 11,922,393 shares of common stock potentially issuable upon conversion. This is a classic dilutive issuance—unregistered equity securities sold privately to raise capital, with significant potential dilution to existing shareholders through the conversion feature. The press release emphasizes the conversion mechanics and the company's use of capped call transactions to mitigate dilution, confirming the dilutive nature of the transaction.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-24T20:45:04.482839+00:00","company_name":"Backblaze, Inc.","ticker":"BLZE","filing_date":"2026-08-24"},{"id":31412,"accession_number":"0001140361-26-034200","item_number":"8.01","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Backblaze announced the pricing of $175 million aggregate principal amount of 0.00% Convertible Senior Notes due 2031 in a private offering to qualified institutional buyers. The company entered into a purchase agreement with BofA Securities as representative of the initial purchasers on August 19, 2026, with expected closing on August 24, 2026. This represents the creation of a new direct financial obligation and is a material capital-raising event for the company.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-24T20:45:04.482839+00:00","company_name":"Backblaze, Inc.","ticker":"BLZE","filing_date":"2026-08-24"}]}