TrueMark Investments LLC Sells 2,934 Shares of Trailblazer Merger Co. I (NASDAQ:TBMC)

TrueMark Investments LLC lessened its holdings in shares of Trailblazer Merger Co. I (NASDAQ:TBMC) by 13.3% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 19,088 shares of the company’s stock after selling 2,934 shares during the quarter. TrueMark Investments LLC owned approximately 0.21% of Trailblazer Merger Co. I worth $203,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Condor Capital Management bought a new position in shares of Trailblazer Merger Co. I during the fourth quarter valued at approximately $119,000. Robinson Capital Management LLC grew its stake in Trailblazer Merger Co. I by 16.5% in the fourth quarter. Robinson Capital Management LLC now owns 38,658 shares of the company’s stock worth $404,000 after purchasing an additional 5,470 shares during the period. Karpus Management Inc. grew its stake in Trailblazer Merger Co. I by 18.8% in the fourth quarter. Karpus Management Inc. now owns 132,750 shares of the company’s stock worth $1,389,000 after purchasing an additional 21,000 shares during the period. Wealthspring Capital LLC grew its stake in Trailblazer Merger Co. I by 91.9% in the fourth quarter. Wealthspring Capital LLC now owns 192,130 shares of the company’s stock worth $2,010,000 after purchasing an additional 92,030 shares during the period. Finally, Kim LLC grew its stake in Trailblazer Merger Co. I by 18.2% in the fourth quarter. Kim LLC now owns 325,000 shares of the company’s stock worth $3,400,000 after purchasing an additional 50,000 shares during the period. Institutional investors own 77.13% of the company’s stock.

Trailblazer Merger Co. I Price Performance

TBMC stock traded down $0.04 during midday trading on Tuesday, hitting $10.78. The stock had a trading volume of 105 shares, compared to its average volume of 21,163. The business has a 50-day moving average of $10.78 and a two-hundred day moving average of $10.61. Trailblazer Merger Co. I has a 52-week low of $10.18 and a 52-week high of $11.60.

About Trailblazer Merger Co. I

Trailblazer Merger Corporation I does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in New York, New York.