Company: TBMC
Filing Date: 2025-03-25
Form Type: 10-K
Source: 0001013762-25-002139
Chunk: 1117

Company: Trailblazer Merger Corp I
Filing Date: 2025-03-25
Form: 10-K
Item: Item 9
Chunk 1117
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 and delivering the Parent Support Agreement (the “Parent Support Agreement”), pursuant to
which the Sponsor and each such Company stockholder have agreed (i) not to transfer or redeem any of the Company Common Stock held by
such Company stockholder and (ii) to vote in favor of the Merger Agreement and the Merger and the other transactions contemplated thereby
at the Company stockholder meeting.

Company Support Agreement

Contemporaneously with the execution of, and as
a condition and an inducement to the Company and Cyabra entering into the Merger Agreement, certain Cyabra shareholders are entering into
and delivering the Company Support Agreement (the “Company Support Agreement”), pursuant to which each such Cyabra shareholder
has agreed (i) not to transfer any equity securities held by such shareholder and (ii) to vote in favor of the Merger Agreement and the
Merger and the other transactions contemplated thereby.

Lock-Up Agreement

Prior to the Closing, Cyabra shall use reasonable
best efforts to cause certain Cyabra securityholders to enter into a Lock-Up Agreement with the Company to be effective as of the Closing,
pursuant to which the shares comprising the Aggregate Merger Consideration shall be subject to a lock-up, restricting the sale, transfer
or other disposition of such shares for a period of nine months in accordance with the terms and conditions more fully set forth in the
form of Lock-Up Agreement.

Registration Rights Agreement

The Merger Agreement contemplates that, at the
Closing, Pubco, the Sponsor and certain former shareholders of Cyabra (collectively, the “Holders”) will enter into a registration
rights agreement (the “Registration Rights Agreement”), pursuant to which Pubco will agree to register for resale, pursuant
to Rule 415 under the Securities Act, certain of the Company Common stock, the Company Units and the Company Rights that are held by the
Holders from time to time.

The Registration Rights Agreement will terminate
on the earlier of (a) the five year anniversary of the date of the Registration Rights Agreement or (b) the date as of which (i) all of
the Registrable Securities have been sold pursuant to a Registration Statement or (ii) the Holders of all Registrable Securities are permitted
to sell the Registrable Securities under Rule 144 (or any similar provision) under the Securities Act without limitation on the amount
of securities sold or the manner of sale and without compliance with public reporting requirements.

The PIPE Investment

The Company will enter into subscription agreements
with