The Law Offices of Frank R. Cruz announces an investigation of Blaize Holdings, Inc. (“Blaize” or the “Company”) (NASDAQ: BZAI) on behalf of investors concerning the Company’s possible violations of federal securities laws.
IF YOU ARE AN INVESTOR WHO LOST MONEY ON BLAIZE HOLDINGS, INC. (BZAI), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS.
What Is The Investigation About?
On April 28, 2026, Pelican Way Research published a report alleging, among other things, that Blaize had “artificially boosted [its] share price by engaging in a bogus deal with a 4-month-old counterparty whose website features ‘products’ that appear to be photoshopped to add the Blaize logo.” Specifically, the report cited Blaize’s deal with NeoTensr, worth approximately $50 million, despite NeoTensr having just $2 million of startup capital, according to Chinese filings.
On this news, Blaize’s stock price fell $0.26, or 12.04%, to close at $1.90 per share on April 28, 2026, thereby injuring investors.
Contact Us To Participate or Learn More:
If you purchased Blaize securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:
The Law Offices of Frank R. Cruz,
2121 Avenue of the Stars, Suite 800,
Century City, California 90067
Call us at: 310-914-5007
Email us at: info@frankcruzlaw.com
Visit our website at: www.frankcruzlaw.com.
Follow us for updates on Twitter at twitter.com/FRC_LAW.
If you inquire by email, please include your mailing address, telephone number, and number of shares purchased.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260512198425/en/
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