| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash restricted | - | 1,226,799 | ||
| Cash | 19,183 | 99,367 | ||
| Prepaid expenses | 32,126 | 63,302 | ||
| Restricted funds held in trust account | 23,950,427 | - | ||
| Total current assets | 24,001,736 | 1,389,468 | ||
| Prepaid insurance | 125,000 | 125,000 | ||
| Marketable securities held in trust account | 3,975,960 | 27,472,636 | ||
| Total assets | 28,102,696 | 28,987,104 | ||
| Promissory note related party-Related Party | - | 3,741,731 | ||
| Accounts payable and accrued expenses | 1,778,470 | 1,719,609 | ||
| Income taxes payable | 50,804 | 1,038,915 | ||
| Excise tax payable | 880,825 | 555,066 | ||
| Stockholders redemption payable | 23,950,427 | - | ||
| Promissory note - 2nd amended and restated | 7,393,329 | - | ||
| Total current liabilities | 34,053,855 | 7,055,321 | ||
| Deferred underwriting fee payable | 2,070,000 | 2,070,000 | ||
| Total liabilities | 36,123,855 | 9,125,321 | ||
| Common stock, value-Common Class B | - | 0 | ||
| Class a common stock subject to possible redemption, 332,816 and 2,379,616 shares at redemption value at 11.56 and 11.19 per share as of september 30, 2025 and december 31, 2024, respectively-Common Class A | 3,846,478 | 27,442,961 | ||
| Common stock, value-Common Class A | 212 | 212 | ||
| Additional paid-in capital | - | 0 | ||
| Accumulated deficit | -11,867,849 | -7,581,390 | ||
| Total stockholders deficit | -11,867,637 | -7,581,178 | ||
| Total liabilities and stockholders deficit | 28,102,696 | 28,987,104 | ||
Trailblazer Merger Corp I (TBMCR)
Trailblazer Merger Corp I (TBMCR)