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DEFA14A ·Filed Oct 20, 2026

BRZE

Braze, Inc.
BULLISH
Impact 8/10
Horizonmonths Processed6d 22h ago SEC0000950103-26-015917
Proxy solicitation materials
Actionable Insight ▲ Bullish

Monitor for the filing of the definitive proxy statement (Schedule 14A) for the shareholder vote date and any competing bids or regulatory hurdles. The $47.50 cash consideration sets a floor for BRZE shares until close, but deal risk (regulatory, shareholder approval) remains.

DirectionBullish
Confidencehigh
Horizonmonths
Latest settled — T+1d ⚠ clustered
BRZE ▲ +0.39% at T+1d
LONG call ✓ call won +0.39% · α vs SPY +1.57% · entry $45.68 → $45.86
Next anchor: T+5d due 7h ago
Latest observation: T+2 -10.39% FF3 residual α
Entry = T+0 close
Oct 20, 2026
via day close
T+1d
+0.39%
call +0.39% · α +1.57%
$45.86
settled 6d ago
T+5d
Pending
due 7h ago
T+20d
Pending
in 21d
T+60d
Pending
in 3mo

Price Chart

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Executive Summary

Braze has signed a definitive agreement to be acquired by Salesforce for $47.50 per share in cash. The deal is expected to close in fiscal year 2028 (beginning February 1, 2027), subject to shareholder approval and regulatory clearances. This DEFA14A filing disseminates the announcement and related communications to employees, customers, and partners.

Key Financial Metrics

Vote
merger approval

Key Facts

  • Braze signed a definitive agreement to be acquired by Salesforce for $47.50 per share in cash.
  • The transaction is expected to close in Salesforce's and Braze's fiscal year 2028 (beginning February 1, 2027).
  • Bill Magnuson will remain CEO of Braze after the close.
  • Braze will continue to operate as Braze post-acquisition.
  • The deal is subject to customary closing conditions, including Braze shareholder approval and regulatory approvals.
  • Braze shares will be converted into the right to receive $47.50 in cash per share, without interest.

Financial Impact

All-cash acquisition at $47.50 per share; total deal value undisclosed in this filing.

share pricecash consideration

Risk Factors

  • Regulatory approval may be delayed or denied (antitrust review).
  • Shareholder vote may not be obtained.
  • A competing offer could emerge or the deal could be terminated.
  • Integration risks post-close could affect Salesforce's financials.

Investment Themes

Software & IT

Documents Analyzed

This report is based on 4 SEC documents filed with EDGAR.

DocumentAccession Number
DEFA14A Filing (Primary)0000950103-26-015917
Document: 0000950103-26-015917-index-headers.html0000950103-26-015917
Document: 0000950103-26-015917-index.html0000950103-26-015917
Document: 0000950103-26-015917.txt0000950103-26-015917
17 reports for BRZE
Performance horizon
83% Hit rate @ T+1 5 of 6 directional calls Went positive at some point 6 of 6 best @ T+60▲ +32.96%May 27, 2026
Filters
Rows
Reports for BRZE — sortable, filterable
TypeNow
Oct 21, 2026
5d ago
DEFA14A
NEUTRAL ★ 4/10
$45.86 $45.88▲ +0.04%▲ +0.57%$45.78 (−0.16%)
Oct 20, 2026
6d ago
DEFA14A
BULLISH ★ 8/10
$45.68 $45.86▲ +0.39%▲ +1.57%$45.78 (+0.23%)
Oct 20, 2026
7d ago
DEFA14A
BULLISH ★ 7/10
$45.57 $45.68▲ +0.24%▼ −0.28%$45.78 (+0.47%)
Oct 20, 2026
7d ago
8-K
BULLISH ★ 7/10
$45.57 $45.68▲ +0.24%▼ −0.28%$45.78 (+0.47%)
Oct 16, 2026
10d ago
SC 13G/A
NEUTRAL ★ 3/10
$30.04 $45.57▲ +51.70%▲ +51.36%$45.78 (+52.41%)
Aug 28, 2026
8w ago
Insider Cluster
BEARISH ★ 4/10
$34.04 $32.78▲ +3.70%▲ +3.01%$45.78 (−34.50%)
Aug 26, 2026
8w ago
Insider Cluster
NEUTRAL ★ 2/10
$34.09 $34.53▲ +1.29%▲ +1.52%$45.78 (+34.31%)
Aug 21, 2026
9w ago
Insider Cluster
NEUTRAL ★ 3/10
$31.44 $30.80▼ −2.04%▼ −2.36%$45.78 (+45.63%)
Aug 14, 2026
10w ago
Insider Cluster
NEUTRAL ★ 3/10
$27.95 $29.12▲ +4.19%▲ +4.86%$45.78 (+63.81%)
Aug 14, 2026
10w ago
Insider Cluster
NEUTRAL ★ 2/10
$27.95 $29.12▲ +4.19%▲ +4.86%$45.78 (+63.81%)
Showing 10 of 17

US Market Status

Market Open — Closes in 54m

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Report published Oct 20, 2026