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Trailblazer Merger Corp. I Class A ( (TBMC) ) has issued an announcement.
Trailblazer Merger Corporation I has amended its promissory note with Trailblazer Sponsor Group, LLC, increasing the borrowing limit by $500,000 to $4,030,000 and extending the maturity date to the earlier of July 30, 2025, or the closing of its initial business combination. Additionally, the company has extended the period to complete its initial business combination to June 30, 2025, by depositing $83,286.56 into the Trust Account. The company also entered a merger agreement with Cyabra Strategy Ltd., which will result in the company being renamed Cyabra, Inc. once the merger is completed. This merger is subject to shareholder approval and regulatory filings, and it aims to position the company strategically within its industry.
More about Trailblazer Merger Corp. I Class A
Average Trading Volume: 49,831
Technical Sentiment Signal: Strong Buy
Current Market Cap: $53.31M
See more data about TBMC stock on TipRanks’ Stock Analysis page.