Company: TBMC
Filing Date: 2025-03-25
Form Type: 10-K
Source: 0001013762-25-002139
Chunk: 1165

Company: Trailblazer Merger Corp I
Filing Date: 2025-03-25
Form: 10-K
Item: Item 9A
Chunk 1165
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     306,834 
  
    Net cash used in operating activities 
     (1,557,903) 
     (471,527)

    Cash Flows from Investing Activities: 

    Extension deposit into Trust Accounts 
     (1,713,146) 
     (70,380,000)
  
    Proceeds from Trust Account to pay franchise and income taxes 
     1,397,196  
     — 
  
    Proceeds from Trust Account to pay the redeeming stockholders 
     49,774,936  
     — 
  
    Net cash provided by (used in) investing activities 
     49,458,985  
     (70,380,000)

    Cash Flows from Financing Activities: 

    Proceeds from sale of units, net of underwriting discounts paid 
     —  
     67,965,000 
  
    Proceeds from sale of private placement units 
     —  
     3,945,000 
  
    Proceeds from promissory note - related party 
     2,207,860  
     100,085 
  
    Repayment of promissory note - related party 
     —  
     (3,500)
  
    Redemption payment to redeeming stockholders 
     (49,774,936) 
     — 
  
    Payment of offering costs 
     (75,000) 
     (581,635)
  
    Net cash (used in) provided by financing activities 
     (47,642,076) 
     71,424,950 

    Net Change in Cash and Restricted Cash 
     259,006  
     573,423 
  
    Cash and Restricted Cash – Beginning of period 
     607,816  
     34,393 
  
    Cash and Restricted Cash – End of period 
    $866,822  
    $607,816 

    Cash and Restricted Cash, end of period 

    Cash 
    $63,829  
    $607,816 
  
    Cash - restricted 
     802,993  
     — 
  
    Cash and Restricted Cash – End of period 
    $866,822  
    $607,816 

    Supplementary cash flow information: 

    Cash paid for income taxes 
    $347,716  
    $