As filed with the Securities and Exchange Commission on March 31, 2025.
Registration No. 333-
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM S-8
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
Braze, Inc.
(Exact name of Registrant as specified in its charter)
Delaware | 47-2505271 | |
(State or other jurisdiction of incorporation or organization) |
(I.R.S. Employer Identification Number) |
63 Madison Building
28 East 28th Street, Floor 12
New York, NY 10016
(609) 964-0585
(Address of principal executive offices) (Zip code)
Braze, Inc. 2021 Equity Incentive Plan
Braze, Inc. 2021 Employee Stock Purchase Plan
(Full titles of the plans)
William Magnuson
Chief Executive Officer
Braze, Inc.
63 Madison Building
28 East 28th Street, Floor 12
New York, NY 10016
(609) 964-0585
(Name, address and telephone number, including area code, of agent for service)
Copies to: | ||
Nicole Brookshire Davis Polk & Wardwell LLP 450 Lexington Avenue New York, New York 10017 (212) 450-4000
|
Isabelle Winkles Chief Financial Officer Braze, Inc. 63 Madison Building 28 East 28th Street, Floor 12 New York, NY 10016 (609) 964-0585 |
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.
☒ Large accelerated filer | Accelerated filer |
Non-accelerated filer | Smaller reporting company |
Emerging growth company |
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards pursuant to Section 7(a)(2)(B) of the Securities Act. ☐
REGISTRATION OF ADDITIONAL SHARES
PURSUANT TO GENERAL INSTRUCTION E
Pursuant to General Instruction E of Form S-8, Braze, Inc. (the “Registrant”) is filing this Registration Statement on Form S-8 (this “Registration Statement”) with the Securities and Exchange Commission (the “Commission”) to register (i) 5,197,568 additional shares of its Class A common stock under the Registrant’s 2021 Equity Incentive Plan (the “2021 Plan”), pursuant to the provisions of the 2021 Plan providing for an automatic increase in the number of shares Class A common stock reserved and available for issuance under the 2021 Plan on February 1, 2025, and (ii) 1,039,513 additional shares of its Class A common stock under the Registrant’s 2021 Employee Stock Purchase Plan (the “2021 ESPP”), pursuant to the provisions of the 2021 ESPP providing for an automatic increase in the number of shares of Class A common stock reserved and available for issuance under the 2021 ESPP on February 1, 2025. In accordance with the instructional note to Part I of Form S-8 as promulgated by the Commission, the information specified by Part I of the Form S-8 has been omitted from this Registration Statement.
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PART II
ITEM 3. | INCORPORATION OF CERTAIN DOCUMENTS BY REFERENCE |
The following documents filed by the Registrant with the Commission are incorporated by reference into this Registration Statement:
(a) The contents of the Registrant’s Registration Statement on Form S-8, filed with the Commission on November 19, 2021 (File No 333-261206), filed with the Commission on March 31, 2022 (File No 333-264017), filed with the Commission on April 3, 2023 (File No 333-271069), and filed with the Commission on April 1, 2024 (File No 333-278424).
(b) The Registrant’s Annual Report on Form 10-K for the fiscal year ended January 31, 2025, filed with the Commission on March 31, 2025 (the “2025 Annual Report”).
(c) The description of the Registrant’s Class A common stock which is contained in Exhibit 4.2 to the 2025 Annual Report, including any amendment or report filed for the purpose of updating such description.
(d) All other reports and documents subsequently filed by the Registrant pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Securities Exchange Act of 1934, as amended, (other than Current Reports furnished under Item 2.02 or Item 7.01 of Form 8-K and exhibits furnished on such form that relate to such items) on or after the date of this Registration Statement and prior to the filing of a post-effective amendment to this Registration Statement which indicates that all securities offered have been sold or which deregisters all securities then remaining unsold, shall be deemed to be incorporated by reference herein and to be a part of this Registration Statement from the date of the filing of such reports and documents. Any statement contained in a document incorporated or deemed to be incorporated by reference herein shall be deemed to be modified or superseded for purposes of this Registration Statement to the extent that a statement contained herein or in any subsequently filed document that also is deemed to be incorporated by reference herein modifies or supersedes such statement. Any such statement so modified or superseded shall not be deemed, except as so modified or superseded, to constitute a part of this Registration Statement.
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ITEM 8. | EXHIBITS |
Incorporated by Reference | ||||||||||
Exhibit Number |
Description | Schedule Form |
File Number | Exhibit | Filing Date | |||||
4.1 | Amended and Restated Certificate of Incorporation of the Registrant. | 8-K | 001-41065 | 3.1 | November 23, 2021 | |||||
4.2 | Amended and Restated Bylaws of the Registrant. | 10-Q | 001-41065 | 3.2 | December 9, 2024 | |||||
4.3 | Form of Class A Common Stock Certificate of the Registrant. | S-1/A | 333-260428 | 4.1 | November 8, 2021 | |||||
5.1* | Opinion of Davis Polk & Wardwell LLP. | |||||||||
23.1* | Consent of Ernst & Young LLP, Independent Registered Public Accounting Firm. | |||||||||
23.2* | Consent of Davis Polk & Wardwell (included in Exhibit 5.1). | |||||||||
24.1* | Power of Attorney (included on the signature page of this Form S-8). | |||||||||
99.1 | Braze, Inc. 2021 Equity Incentive Plan, and forms of agreements thereunder. | S-1/A | 333-260428 | 10.3 | November 8, 2021 | |||||
99.2 | Braze, Inc. 2021 Employee Stock Purchase Plan. | S-1/A | 333-260428 | 10.4 | November 8, 2021 | |||||
107* | Filing fee table. |
* | Filed herewith |
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SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, as amended, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of New York, State of New York, on this March 31, 2025.
BRAZE, INC. | ||
By: | /s/ William Magnuson | |
Name: | William Magnuson | |
Title: | Chief Executive Officer |
KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below constitutes and William Magnuson, Isabelle Winkles and Susan Wiseman, each of them, as his or her true and lawful attorneys-in-fact and agents, each with the full power of substitution, for him or her and in their name, place or stead, in any and all capacities, to sign any and all amendments to this Registration Statement (including post-effective amendments), and to sign any registration statement for the same offering covered by this Registration Statement that is to be effective upon filing pursuant to Rule 462(b) promulgated under the Securities Act, and all post-effective amendments thereto, and to file the same, with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done in connection therewith, as fully to all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents or any of them, or his, her or their substitute or substitutes, may lawfully do or cause to be done by virtue hereof.
Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities and on the dates indicated.
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Signature | Title | Date |
/s/ William Magnuson | Chief Executive Officer and Director | March 31, 2025 | ||
William Magnuson | (Principal Executive Officer) |
/s/ Isabelle Winkles | Chief Financial Officer | March 31, 2025 | ||
Isabelle Winkles | (Principal Financial Officer) |
/s/ Pankaj Malik | Chief Accounting Officer | March 31, 2025 | ||
Pankaj Malik | (Principal Accounting Officer) |
/s/ Neeraj Agrawal | Director | March 31, 2025 | ||
Neeraj Agrawal |
/s/ Phillip M. Fernandez | Director | March 31, 2025 | ||
Phillip M. Fernandez |
/s/ Tara Levy | Director | March 31, 2025 | ||
Tara Levy |
/s/ David Obstler | Director | March 31, 2025 | ||
David Obstler |
/s/ Yvonne Wassenaar | Director | March 31, 2025 | ||
Yvonne Wassenaar |
/s/ Fernando Machado | Director | March 31, 2025 | ||
Fernando Machado |
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