Braze, Inc. — Form 8-K
Filed October 20, 2026 · analyzed by the 8-K Agent
8-K
▲ Likely positive
significance 92/100
What the filing says
Salesforce, Inc. has agreed to acquire Braze, Inc. in an all-cash merger at $47.50 per share. Braze shareholders holding 113.6 million Class A Common Stock shares will receive $47.50 per share. The merger agreement, dated October 19, 2026, was signed between Salesforce (Parent), Banff Acquisition Sub Inc. (Merger Sub), and Braze. Key conditions include HSR clearance, stockholder approval, and no material adverse effect on Braze.
Why this rating
At $47.50/share × 113.6M shares ≈ $5.4B enterprise value—nearly 2× Braze's $2.7B market cap, representing transformational acquisition. Major M&A event materially alters Braze's trajectory; highly significant relative to company size.
Tradability signal
NO TRADE
No trade: positive news with only -0.1% moved so far — good news prices in within seconds and long-side continuation has shown no measured edge (this cell: -3.24% over 4 hrs, n=14). (Filing arrived outside market hours — evaluated at the next open with a live quote.)
Derived from this site's own measured outcomes + live price/liquidity at analysis time. An experiment, not investment advice.
Price action (we called it positive)
before filing · preread $45.43 ▲ 0.18% | at our read · unknown $45.35 | +10 min · unknown $45.39 ▲ 0.09% | +30 min · unknown $45.30 ▼ 0.12% | +1 hr pending | +4 hrs pending |
The stock had already moved -0.18% between hitting EDGAR and our read finishing — deltas above are measured from our read.
Quotes via Yahoo Finance at capture time; for filings arriving outside market hours the clock starts at the next open. Not investment advice. How accurate are our calls? →
See more from October 20, 2026.
EDGAR·FLOW summarizes public SEC EDGAR filings with automated analysis. Materiality scores and stock-impact predictions are algorithmically generated and are not investment advice. Always verify against the source filing on SEC.gov.