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Trailblazer Acquisition Corp. Completes Upsized $275,000,000 Initial Public Offering

1. Trailblazer Acquisition Corp. closed an IPO of 27.5 million units. 2. Units priced at $10.00, generating $275 million in gross proceeds. 3. Class A shares and warrants to trade under symbols 'BLZR' and 'BLZRW'. 4. Company aims for mergers in various sectors, including media and tech. 5. Funds will be placed in a trust account for future acquisitions.

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$009/11 04:20 PM EDTLatest Updated
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FAQ

Why Bullish?

The successful IPO indicates strong investor interest and financial stability. Historically, successful IPOs often lead to price increases for related stocks.

How important is it?

The IPO closure signals growth potential for BLZR, attracting investors. The funds raised are likely to facilitate strategic acquisitions, impacting future growth prospects.

Why Short Term?

Market reaction to the IPO will likely occur quickly. Similar past IPOs have seen immediate price adjustments based on investor sentiment.

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BLZRUBLZRW
September 11, 2025 16:05 ET  | Source: Trailblazer Acquisition Corp. New York, NY, Sept. 11, 2025 (GLOBE NEWSWIRE) -- Trailblazer Acquisition Corp. (the “Company”) announced today the closing of its upsized initial public offering of 27,500,000 units, which includes 3,500,000 units issued pursuant to the partial exercise by the underwriters of their over-allotment option. The offering was priced at $10.00 per unit, resulting in gross proceeds of $275,000,000. The Company’s units began trading on September 10, 2025 on the Nasdaq Global Stock Market LLC (“Nasdaq”) under the ticker symbol “BLZRU.” Each unit consists of one Class A ordinary share of the Company and one-third of one redeemable warrant, with each whole warrant entitling the holder thereof to purchase one Class A ordinary share of the Company at an exercise price of $11.50 per share, subject to certain adjustments. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Once the securities constituting the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on Nasdaq under the symbols “BLZR” and “BLZRW,” respectively. Of the proceeds received from the consummation of the initial public offering (including the exercise of the over-allotment option) and a simultaneous private placement of warrants, $275,000,000 (or $10.00 per unit sold in the offering) was placed in a trust account of the Company. The Company is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company may pursue an acquisition opportunity in any business or industry but expects to focus on a target in in the media and communications, sports and entertainment, technology, and consumer retail industries. The Company’s management team is led by Eric Semler, the Chief Executive Officer and Director, and Eamon P. Smith, its Chief Financial Officer. The Board of Directors also includes Thomas J. Lee, Thomas S. (“Tad”) Smith, Jr. and Steven Silverstein. Cantor Fitzgerald & Co. acted as sole book-running manager for the offering. A registration statement relating to the securities was declared effective by the U.S. Securities and Exchange Commission (the “SEC”) on September 9, 2025. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Forward-looking statements This press release contains statements that constitute “forward-looking statements,” including with respect to the proposed initial public offering and the anticipated use of the net proceeds of the initial public offering and the simultaneous private placement. No assurance can be given that the net proceeds of the offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement and prospectus for the Company’s offering filed with the SEC. Copies are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law. Company Contact: Trailblazer Acquisition Corp. Eamon P. Smith, CFO esmith@tcscapital.com

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