Company: TBMC
Filing Date: 2025-09-04
Form Type: DEF 14A
Source: 0001213900-25-084240
Chunk: 76

Company: Trailblazer Merger Corp I
Filing Date: 2025-09-04
Form: DEF 14A
Chunk 76
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AS, the Company has obtained the requisite approval of the stockholders of the Company to amend the Trust Agreement; WHEREAS, each of the Company and Trustee desire to amend the Trust Agreement as provided herein. NOW, THEREFORE, in consideration of the mutual agreements contained herein and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, and intending to be legally bound hereby, the parties hereto agree as follows: 1. Amendments to Trust Agreement. (a) The third whereas clause of the Trust Agreement is hereby amended and restated in its entirety as follows: “WHEREAS, if a Business Combination (as defined below) is not consummated within the initial 18 month period following the closing of the Offering, the Company’s insiders may extend such period six times by an additional one-month each time, up to a maximum of 24 months in the aggregate, by depositing an amount equal to the lesser of (i) $0.015 for each outstanding share of Public Stock (as defined below) after giving effect to the redemption of the shares of the Company, and (ii) $100,000 (the “Extension Payment”)] into Trust Account (as defined below) on or about the first of each month (each, an “Applicable Deadline”), as applicable, for each one-month extension (each, an “Extension”), in exchange for which they will receive non-interest bearing, unsecured promissory notes; and” (b) Section 1(i) of the Trust Agreement is hereby amended and restated in its entirety as follows: “(i) Commence liquidation of the Trust Account only after and promptly after (x) receipt of, and only in accordance with, the terms of a letter from the Company (“Termination Letter”) in a form substantially similar to that attached hereto as either Exhibit A or Exhibit B, as applicable, signed on behalf of the Company by its Chief Executive Officer, Chief Financial Officer, Secretary or Chairman of the board of directors of the Company (the “Board”) or other authorized officer of the Company, and, in the case of Exhibit A, acknowledged and agreed to by the Representatives, and complete the liquidation of the Trust Account and distribute the Property in the Trust Account, including interest not previously released to the Company to pay its franchise taxes and income taxes, only as directed in the Termination Letter and the other documents referred to therein, (i) 18 months after the closing of the Offering (or up to 36