Company: TBMC
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001213900-25-075720
Chunk: 33

Company: Trailblazer Merger Corp I
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 1
Chunk 33
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 were
no shares of preferred stock issued and outstanding.

Class A Common Stock —
The Company is authorized to issue up to 100,000,000 shares of Class A, $0.0001 par value common stock. Holders of the Company’s
common stock are entitled to one vote for each share. At June 30, 2025 and December 31, 2024, there were 2,119,499 shares of Class A
common stock issued and outstanding, excluding 2,379,616 shares of Class A common stock subject to possible redemption.

Class B Common Stock —
The Company is authorized to issue up to 5,000,000 shares of Class B, $0.0001 par value common stock. Holders of the Company’s
common stock are entitled to one vote for each share. At June 30, 2025 and December 31, 2024, there was 1 share of Class B common
stock issued and outstanding.

The holder of our 1 share of Class B common
stock will have the right to elect all of our directors prior to our initial business combination and the holders of our shares of Class A
common stock will not be entitled to vote on the election of directors during such time. Holders of Class A common stock and Class B
common stock will vote together as a single class on other matters submitted to a vote of stockholders, except as required by law. However,
with respect to amending our charter to increase or decrease the aggregate number of authorized shares, holders of our Class A common
stock and holders of our Class B common stock will vote as a separate class.

Rights — Except
in cases where the Company is not the surviving company in a Business Combination, each holder of a Public Right will automatically receive
one-tenth (1/10) of one share of common stock upon consummation of a Business Combination, even if the holder of a Public Right converted
all shares held by him, her or it in connection with a Business Combination or an amendment to the Company’s Amended and Restated
Certificate of Incorporation with respect to its pre-initial business combination activities. In the event that the Company will not be
the surviving company upon completion of a Business Combination, each holder of a Public Right will be required to affirmatively convert
his, her or its rights in order to receive the one-tenth (1