Company: TBMC
Filing Date: 2025-03-25
Form Type: 10-K
Source: 0001013762-25-002139
Chunk: 40

Company: Trailblazer Merger Corp I
Filing Date: 2025-03-25
Form: 10-K
Item: Item 1
Chunk 40
---
30,
2024 to September 30, 2025, or such earlier date as determined by the Board in its sole discretion, unless the closing of a business
combination shall have occurred prior thereto; and (b) to remove the provision which permitted the withdrawal of $100,000 from the trust
account of the Company in order to pay dissolution expenses. For each monthly extension approved by the Board, the monthly payment required
to be deposited into the Trust Account to extend the Termination Date by one month should be the lesser of (i) $0.035 for each outstanding
share of Public Stock after giving effect to the redemption, and (ii) $100,000.

In connection with the stockholders’
vote at the Annual Meeting, 4,520,384 shares were tendered for redemption.

On October 9, 2024, $49,774,936,
or approximately $11.01 redemption price per share, was withdrawn from the Trust Account to pay the redeeming holders and the 4,520,384 shares
of the Company’s Class A common stock that were redeemed were cancelled.

ITEM 9C. DISCLOSURE REGARDING FOREIGN JURISDICTIONS
THAT PREVENT INSPECTIONS

Not applicable.

19

PART III

ITEM 10. DIRECTORS, EXECUTIVE OFFICERS AND
CORPORATE GOVERNANCE

The following table sets forth
information about our directors and executive officers.

    Name
     
    Age
     
    Position
  
    Arie Rabinowitz 
     
    53
     
    Director and Chief Executive Officer
  
    Scott Burell
     
    60
     
    Chief Financial Officer
  
    Yosef Eichorn
     
    33
     
    Chief Development Officer
  
    Joseph Hammer 
     
    46
     
    Chairman of the Board
  
    Barak Avitbul
     
    51
     
    Director
  
    Olga Castells
     
    51
     
    Director
  
    Patrick Donovan
     
    47
     
    Director

Arie Rabinowitz - Chief Executive Officer and Director

Mr. Rabinowitz is the founder of LHX Corp., a New York limited liability
company and a family office service company for a single family (“LHX”). The family’s primary securities investment
vehicle is Alpha Capital Anst