Trailblazer Merger Corp I 8-K
Research Summary
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Trailblazer Merger Corp I Amends Promissory Note, Increases Debt by $500K
What Happened
Trailblazer Merger Corp I announced (via Form 8-K filed Feb 18, 2026) that on February 11, 2026 it entered into an amendment to its Second Amended and Restated Promissory Note. The amendment increases the outstanding principal by $500,000, bringing the total note amount to $5,330,000. The amendment names Alpha Capital Anstalt as assignee of Trailblazer Sponsor Group, LLC and is attached to the filing as Exhibit 10.1.
Key Details
- Amendment date: February 11, 2026.
- Increase in note principal: +$500,000, new total $5,330,000.
- Counterparty/assignee: Alpha Capital Anstalt (as assignee of Trailblazer Sponsor Group, LLC).
- Filing items: disclosed under Item 1.01 (material definitive agreement) and Item 2.03 (creation of a direct financial obligation); amendment attached as Exhibit 10.1.
Why It Matters
This filing confirms the company has increased its debt obligation, which affects its balance sheet and overall liabilities. Retail investors should note the larger promissory note principal and monitor future filings for terms, payments, or additional financings that could influence the company’s liquidity and capital structure.