Company: BLZRW
Filing Date: 2025-08-11
Form Type: S-1/A
Source: 0001213900-25-074193
Chunk: 310

Company: Trailblazer Acquisition Corp.
Filing Date: 2025-08-11
Form: S-1/A
Chunk 310
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 are an integral part of the financial statements.

F-4

Trailblazer Acquisition Corp.
STATEMENT OF CHANGES IN SHAREHOLDERS’ EQUITY
FOR THE PERIOD FROM JUNE 9, 2025 (INCEPTION) THROUGH JUNE 30, 2025

| Balance as of June 9, 2025 (inception)       |     |         Class B 
 Ordinary shares 
          Shares 
               — |     | Amount |   — |     | Additional 
 Paid-In    
 Capital    |      — |     | Accumulated 
 Deficit     | —       |   |     | Shareholders’ 
 Equity        |       — |   |
|:---------------------------------------------|:----|----------------:|:----|:-------|----:|:----|:-----------|-------:|:----|:------------|:--------|:--|:----|:--------------|--------:|:--|
| Class B ordinary shares issued to Sponsor(1) |     |       5,750,000 |     |        | 575 |     |            | 24,425 |     |             | —       |   |     |               |  25,000 |   |
| Net loss                                     |     |               — |     |        |   — |     |            |      — |     |             | (18,806 | ) |     |               | (18,806 | ) |
| Balance as of June 30, 2025                  |     |       5,750,000 |     | $      | 575 |     | $          | 24,425 |     | $           | (18,806 | ) |     | $             |   6,194 |   |

____________ (1)Includes up to 750,000 Class B ordinary shares subject to forfeiture if the over -allotmentoption is not exercised in full or in part by the underwriters (Note 7). The accompanying notes are an integral part of the financial statements.

F-5

Trailblazer Acquisition Corp.
STATEMENT OF CASH FLOWS

|                                                                                             |     | For the     
 Period from 
 June 9,     
 2025        
 (Inception) 
 through     
 June 30,    
 2025        |         |   |
|:--------------------------------------------------------------------------------------------|:----|:------------|--------:|:--|
| Cash flows from operating activities:                                                       |     |             |