Cyabra Inc (CYAB) is a shell holding company formed to facilitate a business combination merger with Cyabra Strategy Ltd., an operating entity. The 10-K filed March 26, 2026 (accession 000121390026034218) covers Trailblazer Holdings, Inc., a Delaware corporation incorporated July 16, 2024 solely to serve as the merger vehicle in this transaction. As of December 31, 2025, Holdings had no material assets and operated no business. The merger agreement, originally dated July 22, 2024 and amended November 11, 2024 and November 6, 2025, provides that Cyabra Strategy Ltd. will become a wholly owned subsidiary of the combined company, which will be renamed Cyabra, Inc. Yosef Eichorn was appointed Chief Executive Officer and sole director of Holdings on January 21, 2026. The filing does not disclose revenue, customers, products, or operating results for an active business, as Holdings existed exclusively as a special-purpose merger vehicle through the fiscal year ended December 31, 2025.

Revenue model

No revenue-generating operations disclosed in the filing. Holdings was formed solely to effect the business combination and had no material assets or operations as of December 31, 2025 (FY2025 10-K).

Products and services

No products or services disclosed. The filing covers the shell holding company, Trailblazer Holdings, Inc., prior to completion of its merger with Cyabra Strategy Ltd.

Customers and end markets

No customers or end markets disclosed for the shell entity covered by this filing.

Value-chain role

Special-purpose merger vehicle formed to facilitate the business combination between Trailblazer Merger Corporation I and Cyabra Strategy Ltd.

Geographic exposure

Incorporated in Delaware. Cyabra Strategy Ltd., the target operating company, is referenced but its geographic operations are not described in the excerpts.

Source: SEC 10-K, filed 2026-03-26

Industry: Services-Prepackaged Software