Company: TBMC
Filing Date: 2025-09-04
Form Type: DEF 14A
Source: 0001213900-25-084240
Chunk: 28

Company: Trailblazer Merger Corp I
Filing Date: 2025-09-04
Form: DEF 14A
Chunk 28
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option and the simultaneous private placement of Units on the initial closing date, $70,380,000 was placed in the trust account (the “ Trust Account”) maintained by Continental Stock Transfer & Trust Company, acting as trustee (the “ Trustee”). 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. Pursuant to the terms of the Current Charter and the trust agreement entered into between the Company and the Trustee 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 or designees, upon five days’ advance notice prior to the applicable deadline, must deposit into the trust account $690,000 in full, (or $0.10 per share) for each extension, on or prior to the date of the applicable deadline. On March 28, 2024, the Sponsor deposited an extension payment of $690,000 into the Company’s Trust Account in order to extend the date by which the 6 Company has to consummate a business combination from March 31, 2024 to June 30, 2024. On June 27, 2024, the Sponsor deposited an extension payment of $690,000 into the Company’s Trust Account in order to extend the date by which the Company has to consummate a business combination from June 30, 2024 to September 30, 2024. Through December 31, 2024, the Sponsor deposited a total of $1,713,146 (the “ Extension Payment”) into the Company’s Trust Account in order to extend the date by which the Company has to consummate a business combination from March 31, 2024 to January 31, 2025. On February 4, 2025, the Sponsor deposited $83,287 into the Company’s Trust Account to extend the Termination Date from January 31, 2025 to February 28, 2025. On February 27, 2025, the Sponsor deposited $83,287 into the Company’s Trust Account to extend the Termination Date from February 28, 2025 to March 31, 2025. The Extension Payment was loaned as a draw down pursuant to a non -interestbearing unsecured promissory note the Company issued to the Sponsor on May 17, 202