Company: TBMC
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001213900-25-075720
Chunk: 1

Company: Trailblazer Merger Corp I
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 1
Chunk 1
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     — 
  
    Class A common stock, $0.0001 par value; 100,000,000 shares authorized: 2,119,499 issued and outstanding (excluding 2,379,616 shares subject to possible redemption) as of June 30, 2025 and December 31, 2024 
     212  
     212 
  
    Class B common stock, $0.0001 par value; 5,000,000 shares authorized; 1 share issued and outstanding as of June 30, 2025 and December 31, 2024 
     —  
     — 
  
    Additional paid-in capital 
     —  
     — 
  
    Accumulated deficit 
     (7,581,390) 
     (6,081,499)
  
    Total Stockholders’ Deficit 
     (7,581,178) 
     (6,081,287)
  
    Total Liabilities and Stockholders’ Deficit 
    $28,987,104  
    $27,733,954 

The accompanying notes are an integral part of
the unaudited condensed consolidated financial statements.

1

TRAILBLAZER MERGER CORPORATION I

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(UNAUDITED)

    For the Three Months Ended
 June
    30,  
    For the Six Months Ended 
June
    30, 

    2025  
    2024  
    2025  
    2024 
  
    General and administrative expenses 
    $445,636  
    $572,468  
    $1,111,291  
    $960,799 
  
    Loss from operations 
     (445,636) 
     (572,468) 
     (1,111,291) 
     (960,799)

    Other income: 

    Interest earned on marketable securities held in Trust Account 
     284,540  
     977,178  
     564,425  
     1,930,770 
  
    Unrealized loss on marketable securities held in Trust Account 
     —  
     9,504  
     —  
     5,531 
  
    Other income 
     284,540  
     986,682