Kim LLC Purchases 50,000 Shares of Trailblazer Merger Co. I (NASDAQ:TBMC)

Kim LLC boosted its position in Trailblazer Merger Co. I (NASDAQ:TBMC) by 18.2% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 325,000 shares of the company’s stock after acquiring an additional 50,000 shares during the quarter. Kim LLC’s holdings in Trailblazer Merger Co. I were worth $3,400,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Cowen AND Company LLC increased its position in Trailblazer Merger Co. I by 108.8% in the 4th quarter. Cowen AND Company LLC now owns 394,234 shares of the company’s stock valued at $4,124,000 after buying an additional 205,380 shares in the last quarter. Robinson Capital Management LLC boosted its stake in Trailblazer Merger Co. I by 16.5% during the 4th quarter. Robinson Capital Management LLC now owns 38,658 shares of the company’s stock valued at $404,000 after purchasing an additional 5,470 shares during the last quarter. Schechter Investment Advisors LLC boosted its stake in Trailblazer Merger Co. I by 94.4% during the 4th quarter. Schechter Investment Advisors LLC now owns 452,251 shares of the company’s stock valued at $4,731,000 after purchasing an additional 219,651 shares during the last quarter. Wealthspring Capital LLC boosted its stake in Trailblazer Merger Co. I by 91.9% during the 4th quarter. Wealthspring Capital LLC now owns 192,130 shares of the company’s stock valued at $2,010,000 after purchasing an additional 92,030 shares during the last quarter. Finally, TrueMark Investments LLC acquired a new position in Trailblazer Merger Co. I during the 4th quarter valued at about $230,000. 77.13% of the stock is owned by institutional investors.

Trailblazer Merger Co. I Price Performance

TBMC stock traded down $0.02 during mid-day trading on Tuesday, reaching $10.78. 265,360 shares of the company traded hands, compared to its average volume of 24,479. Trailblazer Merger Co. I has a fifty-two week low of $10.11 and a fifty-two week high of $11.60. The firm’s 50 day moving average price is $10.69 and its 200 day moving average price is $10.54.

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.