Company: TBMC
Filing Date: 2025-08-08
Form Type: PRE 14A
Source: 0001213900-25-073765
Chunk: 14

Company: Trailblazer Merger Corp I
Filing Date: 2025-08-08
Form: PRE 14A
Chunk 14
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 pay its franchise and income taxes), divided by the total number of then outstanding shares of Public Stock. The redemption price per share may increase between [], 2025 and the date that is two business days prior to the Annual Meeting due to any interest that accrues on the amount on deposit in the Trust Account prior to such date. The closing price of the Public Stock on [], 2025, the most recent practicable date prior to the date of this proxy statement, was $[ ] per share. If the closing price of the Public Stock was to remain the same until the date of the Annual Meeting, exercising redemption rights would result in a Public Stockholder receiving approximately $[ ] more per share than if the shares were sold in the open market (based on the current per share redemption price). The Company cannot assure stockholders that they will be able to sell their Public Stock in the open market, even if the market price per share is lower than the redemption price stated above, as there may not be sufficient liquidity in its securities when such stockholders wish to sell their shares. The Company believes that such redemption right enables its Public Stockholders to determine whether or not to sustain their investments for an additional period if the Company does not complete a Business Combination on or before the Termination Date. The approval of the Extension Amendment Proposal is a condition to the implementation of the Charter Extension. If the Extension Amendment Proposal is not approved and a Business Combination is not completed, in each case on or before the Termination Date, the Company will, promptly following the Termination Date: (i) cease all operations except for the purpose of winding up, (ii) as promptly as reasonably possible but not more than ten business days thereafter subject to lawfully available funds therefor, redeem 100% of the shares of Public Stock in consideration of a per -shareprice, payable in cash, equal to the quotient obtained by dividing (A) the aggregate amount then on deposit in the Trust Account, including interest not previously released to the Company to pay its franchise and income taxes (less up to $100,000 of such net interest to pay dissolution expenses), by (B) the total number of then outstanding shares of Public Stock, which redemption will completely extinguish rights of the Public Stockholders (including the right to receive further liquidating distributions, if any), subject to applicable law, and (iii) as promptly as reasonably possible following such redemption, subject to the approval of the remaining stockholders and the Board in accordance with applicable law, dissolve and liquidate,