Every 8-K that Trailblazer Merger Corporation I (TBMC) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow TBMC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full TBMC filings page.
Trailblazer Merger Corporation I reported that Nasdaq has notified it of two listing deficiencies for its Class A common stock on the Nasdaq Global Market. For 30 consecutive business days, the company’s market value of publicly held shares was below the $15,000,000 minimum required under Nasdaq Listing Rule 5450(b)(2)(C).
Under Nasdaq’s rules, Trailblazer has until August 31, 2026 to have its market value of publicly held shares close at or above $15,000,000 for at least ten consecutive business days to regain compliance. Separately, Nasdaq also notified the company that its publicly held shares fell below the 1,100,000 share minimum required under Nasdaq Listing Rule 5450(b)(2)(B), triggering a requirement to submit a compliance plan within 45 days, with a potential extension of up to 180 days.
Both notices currently have no immediate effect on the listing or trading of the company’s stock, and Nasdaq indicates Trailblazer may be eligible to transfer to the Nasdaq Capital Market if it meets those standards. The company expects these deficiencies could be resolved if its planned business combination with Cyabra Strategy Ltd. closes, but it also notes there is no assurance it will regain or maintain compliance with Nasdaq listing standards.
Trailblazer Merger Corporation I stockholders approved the proposed business combination with Cyabra Strategy Ltd. at a special meeting held on February 18, 2026. About 89.80% of outstanding common shares were represented, providing a strong quorum.
The core merger proposal passed with 2,195,659 votes in favor, compared with 6,046 against. Stockholders also approved the new Cyabra, Inc. charter, a package of nine governance provisions, Nasdaq-related share issuance proposals, and a 2026 omnibus equity incentive plan. An adjournment proposal received sufficient support but was not needed because all other items passed.
Trailblazer Merger Corporation I entered into an amendment to its Second Amended and Restated Promissory Note with Alpha Capital Anstalt, increasing the note amount by $500,000 to $5,330,000 as of February 11, 2026. This amendment creates a direct financial obligation for the company.
The filing also reiterates details of the planned business combination with Cyabra Strategy Ltd., under which the surviving public company will be renamed Cyabra, Inc., and reminds shareholders that a Form S-4 registration statement and related proxy statement/prospectus have been filed for their review before voting on the merger.
Trailblazer Merger Corporation I extended the time it has to complete its initial business combination by funding another monthly extension. The company deposited $11,648.56 into its trust account, moving the deadline from January 31, 2026 to February 28, 2026.
The filing also reiterates that Trailblazer has a signed Merger Agreement with Cyabra Strategy Ltd., under which Cyabra is expected to become a wholly owned subsidiary and the combined public company will be renamed Cyabra, Inc. The merger will be voted on by shareholders using a proxy statement/prospectus included in a Form S-4 registration statement filed by Trailblazer Holdings, Inc.
Trailblazer Merger Corporation I reported leadership changes and reiterated information about its planned business combination with Cyabra Strategy Ltd. On January 20, 2026, Arie Rabinowitz resigned as a director and as Chief Executive Officer of Trailblazer Merger Corporation I and also stepped down as Chief Executive Officer and sole director of its subsidiary, Trailblazer Holdings, Inc. The company states his resignation did not result from any disagreement with management or the board.
On January 21, 2026, the board appointed Yosef Eichorn as Chief Executive Officer of Trailblazer Merger Corporation I and as Chief Executive Officer and sole director of Trailblazer Holdings, Inc. He is currently the company’s Chief Development Officer and Vice President of Investments at LHX, with prior roles at LH Financial in research, compliance, and investments. The filing notes that Mr. Eichorn is the son-in-law of Mr. Rabinowitz.
The company also reminds shareholders of its previously announced merger agreement involving Trailblazer Merger Corporation I, Trailblazer Merger Sub, Ltd., Trailblazer Holdings, Inc. and Cyabra Strategy Ltd., under which Cyabra would become a wholly owned subsidiary and the combined entity is expected to be renamed Cyabra, Inc. The transaction will be submitted to shareholders for approval, and a registration statement on Form S-4 with a proxy statement/prospectus has been filed with the SEC.
Trailblazer Merger Corporation I entered into an amendment to its Second Amended and Restated Promissory Note with Trailblazer Sponsor Group, LLC as of January 14, 2026. The amendment increases the maximum amount under the note by $250,000, bringing the total principal to $4,830,000, creating an additional direct financial obligation to the sponsor.
The company remains in the process of pursuing its previously announced business combination with Cyabra Strategy Ltd., under which Trailblazer’s structure will be reorganized and the combined entity renamed Cyabra, Inc. The filing also repeats standard disclosures about the pending merger, related proxy and registration materials, and forward-looking statement and no-offer disclaimers.
Trailblazer Merger Corporation I reported that it has extended the period to complete its initial business combination by one month. The company deposited $11,648.56 into its Trust Account, which moves the deadline to consummate a business combination from December 31, 2025 to January 31, 2026.
The filing also reiterates details of the planned merger among Trailblazer Merger Corporation I, its affiliates, and Cyabra Strategy Ltd. under a previously signed merger agreement. Following the transactions described, the surviving parent entity is expected to be renamed Cyabra, Inc., with Cyabra Strategy Ltd. becoming a wholly owned subsidiary.
Trailblazer Merger Corporation I extended its business combination deadline to November 30, 2025 after depositing $11,648.56 into its trust account, moving the prior date from October 31, 2025.
The company previously signed a merger agreement involving Cyabra Strategy Ltd., under which Parent will merge into Holdings and Merger Sub will merge into Cyabra, with Cyabra becoming a wholly owned subsidiary and the combined Parent to be renamed “Cyabra, Inc.” The transaction will be submitted to shareholders, and a Form S-4 registration statement including a proxy statement/prospectus has been filed and will become effective before definitive materials are mailed.
Trailblazer Merger Corporation I detailed fee arrangements tied to its proposed business combination with Cyabra. The company’s earlier deferred underwriting compensation of $2,070,000 will be settled in stock, with each underwriter receiving 103,500 PubCo Shares upon closing. This changes a cash obligation into equity.
The company amended its 2022 advisory agreement with LifeSci, and LifeSci waived its prior fee of 1.5% of total consideration. Separately, LifeSci will now advise Cyabra and receive a retainer that converts into 105,000 PubCo Shares at closing, plus an advisory fee payable in PubCo Shares 90 days post‑closing. Ladenburg will provide advisory services to Cyabra and receive an advisory fee of $1,050,000 payable in PubCo Shares 90 days after closing.
Overall, these agreements shift multiple fees from cash to equity, contingent on the closing of the business combination.
Trailblazer Merger Corporation I filed a Form 8-K reporting a material event: an Amendment to the Second Amended and Restated Promissory Note dated September 30, 2025.
The filing references the company’s securities — Common Stock (TBMC) and Rights (TBMCR) listed on The Nasdaq Stock Market LLC — and includes a cover page interactive data file. The Form 8-K is dated October 6, 2025 and is signed by Arie Rabinowitz, Chief Executive Officer. The excerpt provides the existence and timing of the amendment but does not disclose the amendment’s specific economic terms or impact on debt balances.
Trailblazer Merger Corporation I filed an 8-K reporting corporate actions tied to its deadline to complete a business combination. The company amended its Amended and Restated Certificate of Incorporation to permit the board, by resolution and without another stockholder vote, to extend the Termination Date by one month at a time from September 30, 2025 up to March 30, 2026, or an earlier date if the board so determines.
The company also amended its Investment Management Trust Agreement with Continental Stock Transfer & Trust Company to allow up to six one-month extensions of the date to consummate a business combination, effectively permitting extensions through March 30, 2026. Separately, shareholders ratified the appointment of CBIZ CPAs P.C. as the company’s independent auditors for the fiscal year ending December 31, 2025. The filing lists vote items but does not disclose vote totals in the provided text.
Trailblazer Merger Corp I filed a proxy supplement reporting a change to the proposed extension terms for its corporate charter. Under the revised proposal, if the Extension Amendment is approved and becomes effective, the Sponsor or its designee (the "Lender") would make an initial deposit to the Trust Account equal to the lesser of $0.015 per outstanding public share after redemptions or $100,000, in exchange for a non-interest bearing, unsecured promissory note from the Company. That initial deposit would extend the deadline to complete a business combination to October 30, 2025, and additional equal monthly deposits approved by the Board after September 30, 2025 would extend the deadline month-by-month up to the Charter Extension Date. The filing shows an estimated withdrawal for tax obligations of $127,217 and an estimated Trust balance after that withdrawal of $27,788,384. The document is signed by the CEO, Arie Rabinowitz.
Trailblazer Merger Corp I announced that its annual meeting of stockholders, originally scheduled for 10:00 a.m. Eastern on September 23, 2025, has been postponed to 10:00 a.m. Eastern on September 26, 2025. The company stated there is no change to the record date, meeting location, teleconference/dial-in information, the purpose of the meeting, or any proposals to be acted upon. The filing also includes extensive forward-looking statements related to the proposed merger with Cyabra, expressly listing risks such as the possibility the transaction may not close or meet deadlines, failure to satisfy closing conditions, potential litigation, employee retention challenges, volatility in Trailblazer’s securities, and risks to Nasdaq listing status. The company disclaims any obligation to update these forward-looking statements.