Sec Form 13G Filing - Clal Insurance Enterprises Holdings Ltd filing for Backblaze Inc. (BLZE) - 2022-11-14

SCHEDULE 13G

Under the Securities Exchange Act of 1934
(Amendment No. __)

(Rule 13d-102)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1(b), (c) AND (d)

AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(b)

Under the Securities Exchange Act of 1934

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

☐ Rule 13d-1(b)

 

☒ Rule 13d-1(c)

 

☐ Rule 13d-1(d)

 

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

 

The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

* See Item 4.

** Based on 15,108,346 shares of Class A Common Stock outstanding as of September 30, 2022 (as reported by the Issuer in its report on Form 10-Q submitted to the Securities and Exchange Commission on November 10, 2022).

EXPLANATORY NOTE

This Schedule 13G is filed by the Reporting Person (as defined below) pursuant to Rule 13d-1(c) in connection with initial public offering of the Issuer (as defined below) and commencement of trading of its Class A Common Stock on the NASDAQ Global Market on November 11, 2021, which means that the “Date of Event Which Requires Filing of this Statement” is November 11, 2021 (the “Initial Date”) and that the due date for filing this Schedule 13G pursuant to Rule 13d-1(c) was November 22, 2021. However, due to a technical error, the Reporting Person did not file the Schedule 13G by that time and is filing this Schedule 13G on the date hereof. As shown in Item 4 below, the information with respect to the beneficial ownership of shares of Class A Common Stock by the Reporting Person is provided as of the Initial Date, December 31, 2021 and as of October 31, 2022. 

Item 1.

(a)	Name of Issuer: BACKBLAZE, INC. (the “Issuer”).

 

(b)	Address of Issuer’s Principal Executive Offices:

 

 

Item 2.

 

(a)	Name of Person Filing:

Clal Insurance Enterprises Holdings Ltd. (“Clal” or the “Reporting Person”). Clal, an Israeli public corporation, may be deemed to beneficially own the shares of Class A Common Stock reported in this Statement.  See Item 4.

(b)	Address of Principal Business Offices or, if none, Residence:

Clal Insurance Enterprises Holdings Ltd.  – 36 Raul Walenberg St., Tel Aviv 66180, Israel

 

Israel.

 

 

Class A Common Stock, $0.0001 par value per share (the “Class A Common Stock”).

 

 

 

 

Not applicable.

 

 

As of October 31, 2022: The Reporting Person may be deemed to beneficially own 1,150,568 shares of Class A Common Stock as of October 31, 2022. All of the 1,150,568 shares of Class A Common Stock reported in this Statement as beneficially owned by Clal as of such date are held for members of the public through, among others, provident funds and/or pension funds and/or insurance policies, which are managed by subsidiaries of Clal, which subsidiaries operate under independent management and make independent voting and investment decisions. Consequently, this Statement shall not be construed as an admission by Clal, that it is the beneficial owner of any of the shares of Class A Common Stock covered by this Statement.

 

Except as set forth above, see items 5-11 of the cover page hereto for beneficial ownership, percentage of class and dispositive power of the Reporting Person, which are incorporated herein.

 

As of December 31, 2021: The Reporting Person may be deemed to beneficially own 1,026,567 shares of Class A Common Stock as of December 31, 2021. All of the 1,026,567 shares of Class A Common Stock reported in this Statement as beneficially owned by Clal as of such date are held for members of the public through, among others, provident funds and/or pension funds and/or insurance policies, which are managed by subsidiaries of Clal, which subsidiaries operate under independent management and make independent voting and investment decisions. Consequently, this Statement shall not be construed as an admission by Clal, that it is the beneficial owner of any of the shares of Class A Common Stock covered by this Statement.

 

As of November 11, 2021: The Reporting Person may be deemed to beneficially own 586,252 shares of Class A Common Stock as of November 11, 2021. All of the 586,252 Class A Common Stock reported in this Statement as beneficially owned by Clal as of such date are held for members of the public through, among others, provident funds and/or pension funds and/or insurance policies, which are managed by subsidiaries of Clal, which subsidiaries operate under independent management and make independent voting and investment decisions. Consequently, this Statement shall not be construed as an admission by Clal, that it is the beneficial owner of any of the shares of Class A Common Stock covered by this Statement.

 

 

 

 

 

Item 9.

Notice of Dissolution of GroupNot applicable.

 

Item 10.

Certifications

 

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §240.14a-11.

 

SIGNATURES

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

	CLAL INSURANCE ENTERPRISES HOLDINGS LTD.
	By:	/s/ Eran Czerninski    /s/ Yossi Dory
		Eran Czerninski and Yossi Dory, authorized signatories of CLAL INSURANCE ENTERPRISES HOLDINGS LTD.