May. 12 at 6:35 PM
$BZAI New attorney:
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:
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