Company: TBMC
Filing Date: 2025-12-09
Form Type: 8-K
Source: 0001213900-25-119751
Chunk: 0

Company: Trailblazer Merger Corp I
Filing Date: 2025-12-09
Form: 8-K
Item: Item 1.01
Chunk 0
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Item 1.01 Entry into a Material Definitive Agreement.

On
December 4, 2025 the parties thereto entered into an amendment (the “ Amendment”) to that certain Second Amended and Restated
Promissory Note, dated as of July 29, 2025, as amended from time to time (the “ Note”) by and among Trailblazer Merger Corporation
I, a Delaware corporation (the “ Maker”), and Trailblazer Sponsor Group, LLC.

The
purpose of the Amendment was, among other things, to provide that principal balance of the Note shall be payable on the later of September
15, 2025 or the closing of Maker’s initial business combination; provided, however that in the event that Maker completes an initial
business combination, all of the outstanding principal balance will convert into new classes of preferred stock of Maker or its successor
with a total stated value of such preferred stock equal to 300% of the outstanding principal amount, as detailed in the Amendment.

A
copy of the Amendment is attached as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference. The disclosures
set forth in this Item 1.01 are intended to be summaries only and are qualified in their entirety by reference to the Amendment.

Item 2.03 Creation of a Direct Financial Obligation
or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

The
disclosure contained in Item 1.01 of this Current Report on Form 8-K is incorporated by reference in this Item 2.03.

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Important Information
About the Business Combination and Where to Find It

On
July 22, 2024, Trailblazer Merger Corporation I (“ Parent”), a Delaware corporation, entered into a merger agreement, by and
among Parent, Trailblazer Merger Sub, Ltd., an Israeli company and a direct, wholly owned subsidiary of Parent (“ Merger Sub”),
Trailblazer Holdings, Inc., a Delaware corporation and a direct, wholly owned subsidiary of Parent (“ Holdings”), and Cyabra
Strategy Ltd., a private company organized in Israel (the “ Company”) (as it may be amended and/or restated from time to time,
the “ Merger Agreement”). The Merger Agreement provides that, among other things and upon the terms and subject to the conditions
thereof, (a) Parent shall merge with and into Holdings and Holdings shall be the survivor of such merger (