Blaize declares Series B preferred stock dividend tied to possible reverse stock split
Blaize's board declared a dividend of one one-thousandth of a share of Series B Preferred Stock on each outstanding common share, with a record date of October 26, 2026. The preferred carries votes only on a proposed reverse stock split and related adjournment proposals, and any shares not present or voted at the relevant meeting are automatically redeemed, so the dividend is a mechanism tied to that vote rather than a cash or income payout.
Key points
- Record date for the Series B Preferred Stock dividend is October 26, 2026; the certificate of designations became effective October 21, 2026
- Each Series B share carries 1,000,000 votes, so each one-thousandth share carries 1,000 votes, voting only on a reverse stock split proposal and adjournment proposals
- Series B holders receive no dividends and a liquidation preference of $0.0001 per share; shares are not convertible and have no stated maturity
The filing
Written by AI on Nov 9, 2026, 11:44 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 22, 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.