Company: TBMC
Filing Date: 2025-11-21
Form Type: 10-Q
Source: 0001213900-25-113605
Chunk: 67

Company: Trailblazer Merger Corp I
Filing Date: 2025-11-21
Form: 10-Q
Item: Part I, Item 1
Chunk 67
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 expenses (including fees and expenses of counsel) incurred by the
underwriters in connection with provision of such services, up to $50,000 in the aggregate, and, upon the consummation of the initial
business combination, to reimburse the underwriters for any such expenses incurred in excess of $50,000.

30

LifeSci Advisory Agreement

On October 28, 2025, the
Company entered into an advisory agreement with Cybra and LifeSci pursuant to which LifeSci will provide certain financial advisory and
investment banking services to Cyabra. In connection with such engagement, LifeSci will receive a retainer fee of ordinary shares of Cyabra
which will convert into 105,000 PubCo Shares upon the closing of the Business Combination and an advisory fee of $1,050,000 paid in PubCo
Shares 90 days after the closing of the Business Combination.

Ladenburg Advisory Agreement

On October 28, 2025, Holdings
entered into an advisory agreement with Cyabra and Ladenburg pursuant to which Ladenburg will provide financial advisory and investment
banking services to Cyabra. In connection with such engagement, Ladenburg will receive an advisory fee of $1,050,000 paid in PubCo Shares
90 days after the closing of the Business Combination.

Investment Management Trust Agreement

On March 28, 2023, in connection
with the Initial Public Offering, we entered into an agreement with Continental Stock Transfer & Trust Company (“Trustee”).
The Trustee agreed to manage, supervise and administer the Trust Account subject to the terms and conditions set forth in the agreement
and in a timely manner, upon the written instruction of the Company, invest and reinvest the Property in United States government
securities within the meaning of Section 2(a)(16) of the Investment Company Act of 1940, as amended, having a maturity of 185 days or
less, or in money market funds meeting the conditions of paragraphs (d)(1), (d)(2), (d)(3) and (d)(4) of Rule 2a-7 promulgated under the
Investment Company Act of 1940, as amended (or any successor rule), which invest only in direct U.S. government treasury obligations,
as determined by us; the Trustee may not invest in any other securities or assets, it being understood that the Trust Account will earn
no interest while account funds are uninvested awaiting our instructions hereunder; and while