8-K filed November 28, 2025, 6:59 PM ET CIK 0001934945

regulatory confidence high sentiment negative materiality 0.75

Trailblazer Merger Corp I receives Nasdaq deficiency notice for MVLS below $50M

Trailblazer Merger Corp I

Nasdaq notified TBMC on Nov 25, 2025; MVLS below $50M for 30 consecutive days.
Company has until May 24, 2026 to regain compliance; if not, securities may be delisted.
Promissory note from sponsor increased by $250k to $4.58M on Nov 24, 2025.
Business combination deadline extended to Dec 31, 2025 via $11,648.56 trust deposit.
Merger with Cyabra Strategy Ltd. remains pending; shareholder vote required.

item 1.01 item 2.03 item 3.01 item 8.01 item 9.01

Machine-readable event card

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cik: 0001934945
company_name: Trailblazer Merger Corp I
filed_at: 2025-11-28T23:59:59+00:00
discovered_at: 2026-05-14T18:02:41.097570+00:00
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Source-grounded claims

07d4f28e02c94a6619f18173eebfddf574dfc4c2

Trailblazer Merger Corp I amended loan of $4,580,000 with Trailblazer Sponsor Group, LLC.

o the Second Amended and Restated Promissory Note (the “Note”) with Trailblazer Sponsor Group, LLC, pursuant to which the amount of the Note was increased by $250,000 to $4,580,000.

SEC 8-K Item 2.03/2.04 confidence 0.9 SEC evidence

daf9fa47e998fc9f1cd230e973c5b4a095997044

Trailblazer Merger Corp I received a nasdaq deficiency notice notice regarding market value (rules 5450(b)(2)(A), 5810(c)(3)(C)).

November 25, 2025,Trailblazer Merger Corporation I (the “ Company ”) received a letter from Nasdaq (the “ Notice ”) which notified the Company that, for 30 consecutive business days, the Company’s market value of listed securities (“ MVLS ”) closed below the $50,000,000 MVLS threshold required for continued listing on the Nasdaq Global Market under Nasdaq Listing Rule 5450(b)(2)(A) (the “ MVLS Rule ”). In accordance with Nasdaq Listing Rule 5810(c)(3)(C), the Company has 180 calendar days, or until May 24, 2026 (the “ MVLS Compliance Period ”), to regain compliance with the MVLS Rule. The Noti

SEC 8-K Item 3.01 confidence 0.9 SEC evidence

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Filing page SEC filing

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