Trailblazer Merger I Corp. Increases Borrowing Limit and Extends Maturity Date Amid Ongoing Merger Process

Reuters
31 May
Trailblazer Merger I Corp. Increases Borrowing Limit and Extends Maturity Date Amid Ongoing Merger Process

Trailblazer Merger Corporation I has announced an update regarding its merger agreement involving several entities. On May 29, 2025, the company entered into an amendment with Trailblazer Sponsor Group, LLC, increasing the borrowing capacity under its promissory note to $4,030,000 and adjusting the maturity date to be the earlier of July 30, 2025, or the closing of its initial business combination. Additionally, Trailblazer Merger Corporation I plans to merge with Trailblazer Holdings, Inc., while Trailblazer Merger Sub, Ltd. will merge with Cyabra Strategy Ltd., with Cyabra Strategy Ltd. becoming a wholly owned subsidiary. Following the mergers, the parent entity will be renamed "Cyabra, Inc." The company has also extended the time available to complete this business combination by depositing $83,286.56 into its Trust Account, extending the deadline to June 30, 2025.

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