Company: TBMC
Filing Date: 2025-09-04
Form Type: DEF 14A
Source: 0001213900-25-084240
Chunk: 36

Company: Trailblazer Merger Corp I
Filing Date: 2025-09-04
Form: DEF 14A
Chunk 36
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 is to allow the Company additional time to complete a Business Combination. The Board has determined that it is advisable and in the best interests of the Company to seek an extension of the Original Termination Date and have the Company’s stockholders approve the Extension Amendment Proposal to allow for a period of additional time to consummate a Business Combination. On July 22, 2024, the Company entered into a merger agreement, by and among the Company, Trailblazer Merger Sub, Ltd., an Israeli company and a direct, wholly owned subsidiary of the Company (“ 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 (“ Cyabra”) (as it may be amended and/or restated from time to time, the “Merger Agreement”) pursuant to which the Company shall merge with and into Holdings and Holdings shall be the survivor of such merger (the “ Parent Merger”) and (b) Merger Sub shall merge with and into Cyabra, with Cyabra being the surviving entity (the “ Merger”), following which Merger Sub will cease to exist and Cyabra will become a wholly owned subsidiary of the Company and the Company will be renamed “Cyabra, Inc.”. Cyabra protects companies and the public sector by exposing malicious actors, disinformation, bot networks, and GenAI content, helping to disrupt online threats and mitigate fake campaigns. Without the Charter Extension, the Company believes that it will not be able to complete a Business Combination on or before the Original Termination Date. If that were to occur, the Company would be forced to redeem the Public Stock and dissolve and liquidate in accordance with the DGCL and the Certificate of Incorporation. If the Extension Amendment Proposal is not approved by the Company’s stockholders, or if the Board, in its sole discretion, determines for any other reasons as it sees fit, the Company may put the Adjournment Proposal to a vote. If the Adjournment Proposal is not approved by the Company’s stockholders, the Board may not be able to adjourn the Annual Meeting to a later date or dates in the event that there are insufficient shares of Common Stock represented (either through telephone or by proxy) to constitute a quorum necessary to conduct business at the Annual Meeting or at the time of the Annual Meeting to approve the Extension Amendment Proposal, the Trust Amendment Proposal or the Ratification Proposal. The Company reserves the right at any time to cancel the Annual