---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-036722"
form_type: "8-K"
ticker: "CYAB"
cik: "0002032341"
company_name: "CYABRA, INC."
filed_at: "2026-03-31T23:59:59+00:00"
generated_at: "2026-05-15T08:16:40.752343+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Cyabra completes business combination with Trailblazer, begins trading as CYAB on Nasdaq

## Summary
- 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.

## SEC filing metadata
- accession: 0001213900-26-036722
- form_type: 8-K
- ticker: CYAB
- cik: 0002032341
- company_name: CYABRA, INC.
- filed_at: 2026-03-31T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.9
- confidence: high
- sec_items: 3.03, 1.01, 2.01, 5.06, 9.01, 5.02, 3.02, 4.01, 2.03, 5.01, 5.03, 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2032341/000121390026036722/0001213900-26-036722-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2032341/000121390026036722/ea0283362-8k_cyabra.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-036722
- JSON: https://secwatch.observer/filing/0001213900-26-036722.json
- Plain text: https://secwatch.observer/filing/0001213900-26-036722.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.