m_and_a
confidence high
sentiment positive
materiality 0.90
Cyabra completes business combination with Trailblazer, begins trading as CYAB on Nasdaq
CYABRA, INC.
- Post-closing shares outstanding: 13,814,167 Common; 3,061 Series A; 13,330 Series B; 10,660 Series C Preferred.
- PIPE investments of $8M closed; $5.5M cash received and $2.5M bridge notes extinguished.
- Up to 3M earnout shares issuable in tranches at VWAP thresholds of $15, $20, and $25.
- Sponsor $5.33M note converted into preferred stock with $15.99M stated value.
- Trailblazer stockholders who elected redemption received ~$11.97 per share from trust account.