Braze agrees to be acquired by Salesforce for $47.50 per share in cash
Braze, Inc. entered into a merger agreement on October 19, 2026 under which Salesforce's subsidiary will merge into Braze, and Braze stockholders will receive $47.50 per share in cash. Completion is subject to a stockholder vote, antitrust clearance and other customary conditions, and a voting support agreement covers certain Braze holders.
Key points
- Merger consideration is $47.50 per share in cash for Class A common stock, agreed October 19, 2026
- Either party may terminate if the merger is not completed by the first anniversary of the agreement, extendable by up to two 90-day periods
- Braze would pay Salesforce a $191,390,000 termination fee in certain circumstances; Salesforce would pay Braze $300,000,000 in certain circumstances
The filing
Written by AI on Nov 9, 2026, 8:53 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 20, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.