Trailblazer Merger Corporation I (TBMCU) Prices $60M IPO


Trailblazer Merger Corporation I (TBMCU) Prices $60M IPO

Trailblazer Merger Corporation I priced its $60 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “TBMCU” Wednesday, March 29, 2023.

The SPAC intends to focus its search on companies operating in the technology industry in the following segments: cloud as a service, supply chain technologies, servicing the hybrid workforce and esports. Trailblazer Merger Corporation I is led by CEO Arie Rabinowitz, CFO Scott Burell, Chief Development Officer Yosef Eichorn, and Chairman Joseph Hammer.

Total SPAC deal count for 2023 year-to-date is now 11. This offering is expected to close on Friday, March 31, 2023.

LifeSci Capital LLC and Ladenburg Thalmann & Co. Inc. are acting as joint book-running managers of the offering. Loeb & Loeb LLP is serving as Issuer’s Counsel with Haynes and Boone LLP serving as Underwriter’s Counsel. Marcum LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.