Company: BLZRW
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001213900-25-110002
Chunk: 0

Company: Trailblazer Acquisition Corp.
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 1
Chunk 0
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TRAILBLAZER
ACQUISITION CORP.

UNAUDITED
CONDENSED BALANCE SHEET

SEPTEMBER
30, 2025

Assets: 

Current assets 
  
 Cash  $1,266,372  
 Prepaid expense   20,483  
 Prepaid insurance   70,031  
 Total current assets   1,356,886  
 Prepaid insurance – long-term   66,141  
 Marketable securities held in Trust Account   275,576,612  
 Total Assets  $276,999,639  

Liabilities, Class A Ordinary Shares Subject to Possible Redemption, and Shareholders’ Deficit 

Current liabilities 
   
 Accrued expenses  $10,000  
 Accrued offering expenses   75,000  
 Total current liabilities   85,000  
 Deferred underwriting fee payable   11,700,000  
 Total Liabilities   11,785,000  

 Commitments and Contingencies (Note 6)      
 Class A Ordinary Shares subject to possible redemption, 27,500,000 shares at a redemption value of $10.02 per share   275,576,612  

Shareholders’ Deficit 
   
 Preference shares, $0.0001 par value; 5,000,000 shares authorized; none issued or outstanding   —  
 Class A Ordinary Shares, $0.0001 par value; 500,000,000 shares authorized; none issued or outstanding (excluding 27,500,000 shares subject to possible redemption)   ―  
 Class B Ordinary Shares, $0.0001 par value; 50,000,000 shares authorized; 6,875,000 shares issued and outstanding   687  
 Additional paid-in capital   —  
 Accumulated deficit   (10,362,660) 
 Total Shareholders’ Deficit   (10,361,973) 
 Total Liabilities, Class A Ordinary Shares Subject to Possible Redemption, and Shareholders’ Deficit  $276,999,639  

The
accompanying notes are an integral part of the unaudited condensed financial statements.

1

Trailblazer
Acquisition Corp.
UNAUDITED CONDENSED STATEMENTS OF OPERATIONS

For the Three Months