Company: TBMC
Filing Date: 2025-03-25
Form Type: 10-K
Source: 0001013762-25-002139
Chunk: 681

Company: Trailblazer Merger Corp I
Filing Date: 2025-03-25
Form: 10-K
Item: Item 4
Chunk 681
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 as the survivor of the Company Merger) and (b) Merger Sub shall merge with and into Cyabra, with Cyabra
being the surviving entity (the “Merger”), following which Merger Sub will cease to exist and Cyabra will become a wholly
owned subsidiary of the Company (the “Surviving Corporation”). In connection with the Merger, the Company will be renamed
“Cyabra, Inc.” (“Pubco”).

F-18

On November 11, 2024, the parties thereto amended
the Merger Agreement to: (i) increase the size of the Trailblazer Board from five directors to seven directors; (ii) remove the director
election proposal from the Required Parent Proposals (as defined in the Merger Agreement); (iii) increase the size of the 2024 Plan from
10% to 15% due to the fact that certain previously contemplated grants will be included as part of the 2024 Plan; (iv) amend the provision
related to the share grant to the Cyabra Key Employees to clarify that such grant may be subject to additional vesting conditions as agreed
upon between the respective Cyabra Key Employee and Cyabra; and (v) amend the outside closing date from December 31, 2024 to March 1,
2025.

Parent Support Agreement

Contemporaneously with the execution of, and as
a condition and an inducement to the Company and Cyabra entering into the Merger Agreement, the Sponsor and certain other stockholders
of the Company are entering into 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