Company: TBMC
Filing Date: 2025-08-08
Form Type: PRE 14A
Source: 0001213900-25-073765
Chunk: 60

Company: Trailblazer Merger Corp I
Filing Date: 2025-08-08
Form: PRE 14A
Chunk 60
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3,945,000 purchase price for 394,500 Private Placement Units, the $[1,980,000] outstanding under loans made by the Sponsor and its affiliates to the Company. Assuming a trading price of $[ ] per share of Common Stock and $[ ] per Public Right (based upon the respective closing prices of the Common Stock and the Public Rights on Nasdaq on [ ], 2025), the 1,725,000shares of Common Stock and the 394,500shares of Private Placement Units would have an implied aggregate market value of approximately $[ ]. Even if the trading price of the shares of Common Stock were as low as $[ ] per share, the aggregate market value of the Common Stock alone would be approximately equal to the initial investment in the Company by the Sponsor. As a result, if a Business Combination is completed, the Sponsor (and certain of the Company’s directors who are members of the Sponsor) is likely to be able to make a substantial profit on its investment in the Company at a time when the Common Stock has lost significant value. On the other hand, if the Extension Amendment Proposal is not approved and the Company liquidates without completing a Business Combination before September30, 2025, the Sponsor will lose its entire investment in the Company; •the fact that the Sponsor has agreed to waive their rights to liquidating distributions from the Trust Account with respect to any shares of Common Stock held by them if the Extension Amendment Proposal is not approved and the Company fails to complete a Business Combination by September30, 2025; •the indemnification of the Company’s existing officers and directors and the liability insurance maintained by the Company; •the fact that the Sponsor will lose their entire investment in the Company and will not be reimbursed for any loans extended, fees due or out -of -pocketexpenses if the Extension Amendment Proposal is not approved and a Business Combination is not consummated by September30, 2025; and •the fact that the Sponsor has agreed that it will be liable to the Company if and to the extent any claims by a third party for services rendered or products sold to the Company, or a prospective target business with which the Company has entered into a written letter of intent, confidentiality or similar agreement or business combination agreement, reduce the amount of funds in the Trust Account to below the lesser of (i) $10.20 per share of Public Stock and (ii) the actual amount per share of Public Stock held in the Trust Account as of the date of the