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Trailblazer Merger Corp. I (TBMC) has successfully completed its initial public offering (IPO) of 6,900,000 units, achieving gross proceeds of $69,000,000. Each unit, priced at $10.00, comprises one share of Class A common stock and a right to receive one-tenth of one share upon a future business combination. The units began trading on The Nasdaq Global Market under the ticker symbol TBMCU on March 29, 2023. The offering included the full exercise of the underwriters' over-allotment option and was managed by LifeSci Capital LLC and Ladenburg Thalmann & Co. Inc.
Trailblazer Merger Corporation I (TBMC) has priced its initial public offering (IPO) at $10.00 per unit, aiming to raise $60 million by offering 6,000,000 units. Each unit includes one share of Class A common stock and a right to receive one-tenth of a share upon successful business combination. Trading on the Nasdaq under the symbol TBMCU starts March 29, 2023, with the offering expected to close by March 31, 2023. LifeSci Capital LLC and Ladenburg Thalmann & Co. Inc. are the joint book-running managers. TBMC has also granted underwriters a 45-day option to purchase an additional 900,000 units.
