BZAI SHAREHOLDER ACTION REMINDER: Faruqi & Faruqi, LLP Reminds Blaize Investors of Securities Class Action Lawsuit Deadline on October 5, 2026

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Blaize To Contact Him Directly To Discuss Their Options If you purchased or acquired securities in Blaize between July 18, 2025 and April 28, 2026 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310) .

Faruqi & Faruqi, LLP , a leading national securities law firm, is investigating potential claims against Blaize Holdings, Inc. ("Blaize" or the "Company") (NASDAQ: BZAI) and reminds investors of the October 5, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) Blaize announced transactions with entities wholly unequipped to conduct meaningful business in order to create an appearance of growth; (2) Blaize improperly recognized revenue; and (3); as a result, Defendants' public statements were materially false and/or misleading at all relevant times.

On April 28, 2026, Pelican Way Research published a report entitled "Blaize AI: Running Up The Share Price Based on a Seemingly Bogus Deal, Conveniently Timed for Massive Dilution," alleging 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, and that NeoTensr was incorporated in late December 2025 with only approximately $2 million in startup capital, making it inconceivable that Blaize could have achieved $20 million in revenue from a NeoTensr order in Q4 2025. On this news, Blaize's stock price fell $0.26, or 12.03%, to close at $1.90 per share on April 28, 2026.

The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.

Faruqi & Faruqi, LLP also encourages anyone with information regarding Blaize's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

A securities fraud class action lawsuit has been filed against Blaize Holdings, Inc. (NASDAQ: BZAI) on behalf of investors who purchased Blaize securities during the Class Period. The lawsuit alleges that Blaize announced transactions with entities allegedly wholly unequipped to conduct meaningful business, purportedly to create an artificial appearance of growth, and that Blaize improperly recognized revenue in connection with these transactions. As a result, the complaint alleges that defendants' public statements during the Class Period were materially false and/or misleading.