Blaize Holdings, Inc. Announces Distribution of Series B Preferred Stock to Holders of its Common Stock Intended to Facilitate a Reverse Stock Split, if Necessary

Blaize Holdings declared a special dividend of one one-thousandth of a Series B preferred share per common share, with a record date of October 26, 2026. The preferred shares carry 1,000,000 votes per share and vote only on a potential Reverse Stock Split Proposal and any adjournment proposal, then are automatically redeemed — a defensive mechanism to concentrate voting power for the split vote.

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