Quarterly ResultMay 14, 2026, 04:38 PM
BLZR Q1 Net Income $2.27M; EPS $0.07
AI Summary
Trailblazer Acquisition Corp. reported a net income of $2.27 million for the three months ended March 31, 2026, with basic and diluted net income per Class A Ordinary Share of $0.07. As a blank check company, it has not commenced operations, and its income is primarily derived from interest earned on marketable securities held in its Trust Account, which totaled $280.68 million as of March 31, 2026.
Key Highlights
- Net income for the three months ended March 31, 2026, was $2,267,224.
- Basic and diluted net income per Class A Ordinary Share was $0.07.
- Marketable securities held in Trust Account totaled $280,681,541 as of March 31, 2026.
- Cash balance was $1,002,911 as of March 31, 2026.
- Interest earned on marketable securities in Trust Account was $2,446,502 for the quarter.
- General and administrative costs were $179,278 for the three months ended March 31, 2026.
- Class A Ordinary Shares subject to possible redemption were 27,500,000 at $10.20 per share.
- Total assets were $281,855,079 as of March 31, 2026.