Trailblazer Merger I, a blank check company focusing on the US technology industry, raised $60 million by offering 6.0 million units at $10. Each unit consists of one share of common stock and one right to receive one-tenth of a share upon completion of an initial business combination.
The company is led by CEO and Director Arie Rabinowitz, the co-founder and CEO of family office LH Financial Services, and Chairman Joseph Hammer, the CIO of LH Financial Services. They are joined by CFO Scott Burell, who serves as CFO of AIVITA Biomedical.
Trailblazer Merger I plans to target US companies operating in the tech industry, focusing on segments such as cloud-as-a-service, supply chain technologies, hybrid workforce services, and e-sports.
Trailblazer Merger I plans to list on the Nasdaq under the symbol TBMCU. LifeSci Capital and Ladenburg Thalmann acted as joint bookrunners on the deal.
