Off to a blazing start
The venture capital company investing in high-growth technology companies yesterday saw shares start trading on NASDAQ in its portfolio company Backblaze, Inc. (NASDAQ:BLZE), a leading cloud storage platform. The shares closed out the day at $19.90, 24.37% above the $16.00 IPO price. Yesterday’s closing price values TMT’s holding at circa $74.4m or 28% above the previously announced valuation as of 30 June 2021 (adjusted for the value of TMT's additional investment made ....
12 Nov 2021
Hybridan Research: TMT Investments PLC: 12/11/2021: Off to a blazing start
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Hybridan Research: TMT Investments PLC: 12/11/2021: Off to a blazing start
TMT Investments PLC (TMT:LON) | 381 0 0.0% | Mkt Cap: 119.8m
- Published:
12 Nov 2021 -
Author:
Derren Nathan -
Pages:
6
Off to a blazing start
The venture capital company investing in high-growth technology companies yesterday saw shares start trading on NASDAQ in its portfolio company Backblaze, Inc. (NASDAQ:BLZE), a leading cloud storage platform. The shares closed out the day at $19.90, 24.37% above the $16.00 IPO price. Yesterday’s closing price values TMT’s holding at circa $74.4m or 28% above the previously announced valuation as of 30 June 2021 (adjusted for the value of TMT's additional investment made ....