Company: TBMC
Filing Date: 2025-03-25
Form Type: 10-K
Source: 0001013762-25-002139
Chunk: 1

Company: Trailblazer Merger Corp I
Filing Date: 2025-03-25
Form: 10-K
Item: Item 1
Chunk 1
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 a trust account established for the benefit
of the Company’s public stockholders. Except with respect to interest earned on the funds held in the trust account that may be
released to us to pay our tax obligations (if any) and $100,000 of interest for our dissolution expenses, the proceeds from this offering
and the sale of the Private Units will not be released from the trust account (1) to 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 twelve (12) months from the closing of
this offering (or up to 18 months, if we extend the time to complete an initial business combination) 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 twelve (12) months from the closing of this offering (or up to 18 months,
if we extend the time to complete an initial business combination), 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 twelve (12) months from the closing of this offering (or up to 18 months, if we extend the time to
complete an initial business combination), 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.

As approved by its stockholders
at the Annual Meeting of stockholders held on September 26, 2024, the Company filed an amendment to its Charter with the Delaware Secretary
of State on September 27,