secwatch.observer — SEC 8-K summary
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Issuer:     CYABRA, INC. (CYAB)
CIK:        0002032341
Form:       8-K
Filed at:   2026-03-31T23:59:59+00:00
Accession:  0001213900-26-036722
Event type: m_and_a
Sentiment:  positive
Materiality: 0.90
Item codes: 3.03, 1.01, 2.01, 5.06, 9.01, 5.02, 3.02, 4.01, 2.03, 5.01, 5.03, 7.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2032341/000121390026036722/0001213900-26-036722-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2032341/000121390026036722/ea0283362-8k_cyabra.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-036722

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer