A proposed securities class action has been filed against Blaize Holdings, Inc. in the United States District Court for the Central District of California on behalf of investors who purchased or otherwise acquired Blaize securities between July 18, 2025 and April 28, 2026. Bragar Eagel & Squire, P.C. said investors have until October 5, 2026 to seek appointment as lead plaintiff. The lawsuit alleges Blaize announced transactions with entities that were wholly unequipped to conduct meaningful business in order to create the appearance of growth, improperly recognized revenue, and as a result made materially false or misleading public statements. The complaint says investors suffered damages when the alleged truth reached the market.