05:20 PM EDT, 09/11/2025 (MT Newswires) -- Trailblazer Acquisition ( BLZRU ) closed an upsized initial public offering of 27.5 million units at $10 apiece, raising gross proceeds of $275 million.

The offering included 3.5 million units through the partial exercise of underwriters' overallotment option, the blank-check company said Thursday in a statement. The units began trading Wednesday on Nasdaq under the ticker BLZRU.

Each unit consists of one Class A common share and one-third of a redeemable warrant. Each full warrant entitles the holder to purchase one Class A share at an exercise price of $11.50.

Proceeds from the offering were placed in a trust account. The shares are expected to be listed on Nasdaq with the ticker BLZR, along with the warrants under the symbol BLZRW.