Trailblazer Merger I Corp. Amends Promissory Note With Sponsor Group to Allow Conversion Into Preferred Stock

Reuters
2025.12.09 22:25
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Trailblazer Merger I Corp. has amended its promissory note with Trailblazer Sponsor Group, allowing the principal to convert into preferred stock if an initial business combination is completed. The conversion will be at 300% of the outstanding principal. The amendment was formalized on December 4, 2025.