Company: TBMC
Filing Date: 2025-11-21
Form Type: 10-Q
Source: 0001213900-25-113605
Chunk: 137

Company: Trailblazer Merger Corp I
Filing Date: 2025-11-21
Form: 10-Q
Item: Part I, Item 8
Chunk 137
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 us, until the completion of the initial business
combination, or (2) to our public stockholders, until the earliest of (a) the completion of our initial business combination, and then
only in connection with those Class A common stock that stockholders properly elect to redeem, subject to the limitations, (b) the redemption
of any public shares properly submitted in connection with a stockholder vote to amend our amended and restated certificate of incorporation
(i) to modify the substance or timing of our obligation to allow redemption in connection with our initial business combination or to
redeem 100% of our public shares if we do not complete our initial business combination within eighteen (18) months from the closing of
this offering or (ii) with respect to any other provision relating to stockholders’ rights or pre-business combination activity,
and (c) the redemption of our public shares if we are unable to complete our initial business combination within eighteen (18) months
from the closing of this offering, subject to applicable law. Public stockholders who redeem their Class A common stock in connection
with a stockholder vote described in clause (b) in the preceding sentence shall not be entitled to funds from the trust account upon the
subsequent completion of an initial business combination or liquidation if we have not consummated an initial business combination within
eighteen (18) months from the closing of this offering, subject to applicable law. The proceeds deposited in the trust account could become
subject to the claims of our creditors, if any, which could have priority over the claims of our public stockholders.

On February 29, 2024, the
board of directors approved the exercise by the Company of the automatic extension of the time the Company has to complete a business
combination by an additional three months from March 31, 2024 to June 30, 2024. On June 25, 2024, the board of directors approved the
exercise by the Company of the automatic extension of the time the Company has to complete a business combination by an additional three
months from June 30, 2024 to September 30, 2024. Pursuant to the terms of the Company’s Amended and Restated Certificate of Incorporation
and the trust agreement entered into between the Company and Continental Stock Transfer & Trust Company in connection with the Initial
Public Offering, in order for the time available for the Company to consummate a Business Combination to be extended, the Sponsor or its
affiliates