Cyabra, Inc. reports a Schedule 13G disclosing a 15.6% beneficial ownership position. As of March 27, 2026, Trailblazer Sponsor Group, LLC is the record holder of 2,158,949 shares, based on 13,814,167 shares outstanding as of March 27, 2026. The filing states Joseph Hammer is manager of the Sponsor, has voting and dispositive power over the Sponsor's shares, and disclaims beneficial ownership except to the extent of any pecuniary interest.
Positive
None.
Negative
None.
Insights
Large passive holder disclosed; governance rights rest with the Sponsor and its manager.
The filing shows Trailblazer Sponsor Group, LLC holds 2,158,949 shares, representing 15.6% of outstanding common stock as of March 27, 2026. This level of ownership requires disclosure under Schedule 13 rules and signals a sizeable single-holder stake.
Who controls voting: the Sponsor holds sole voting and dispositive power and identifies Joseph Hammer as manager with those powers; Mr. Hammer disclaims beneficial ownership except for any pecuniary interest. Subsequent filings or amendments may clarify whether this stake is passive or coordinated with other holders.
Filing follows Rule 13d-1(k) joint reporting conventions and includes a Joint Filing Agreement.
The report states the Sponsor and Joseph Hammer executed a Joint Filing Agreement to file jointly under Rule 13d-1(k)(1). The disclosure lists the Sponsor's principal business address and CUSIP 23249H105.
Filing mechanics: ownership percentages are tied to the Issuer-provided outstanding share count of 13,814,167 as of the Event Date. Watch for amendments if the position or holdings change.
Key Figures
Shares held by Sponsor:2,158,949 sharesPercent of class:15.6%Shares outstanding:13,814,167 shares+1 more
4 metrics
Shares held by Sponsor2,158,949 sharesrecord holder as of March 27, 2026
Percent of class15.6%based on 13,814,167 shares outstanding as of March 27, 2026
Shares outstanding13,814,167 sharesoutstanding as of March 27, 2026 (used for percent calculation)
CUSIP23249H105Cyabra, Inc. Common Stock identifier
Key Terms
beneficially owns, Joint Filing Agreement, sole voting power / dispositive power
3 terms
beneficially ownsregulatory
"the Sponsor beneficially owns approximately 15.6% of the outstanding shares"
Beneficially owns means a person or entity enjoys the economic benefits and control of a security even if the legal title or registration is held in another name. Think of it like having the keys and profits from a car that is registered to a friend: you use it, benefit from it, and make decisions about it even though the official paperwork lists someone else. For investors, this matters because it reveals who truly controls shares, affects voting power, potential conflicts of interest, and regulatory disclosure obligations.
Joint Filing Agreementregulatory
"The Sponsor and Mr. Hammer have entered into a Joint Filing Agreement"
sole voting power / dispositive powerregulatory
"Sole Voting Power 2,158,949.00 ... Sole Dispositive Power 2,158,949.00"
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
CYABRA, INC.
(Name of Issuer)
Common Stock, par value $0.0001 per share
(Title of Class of Securities)
23249H105
(CUSIP Number)
03/27/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
23249H105
1
Names of Reporting Persons
Trailblazer Sponsor Group, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
2,158,949.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
2,158,949.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
2,158,949.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
15.6 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: See Item 4 for additional information.
SCHEDULE 13G
CUSIP Number(s):
23249H105
1
Names of Reporting Persons
Joseph Hammer
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
2,158,949.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
2,158,949.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
2,158,949.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
15.6 %
12
Type of Reporting Person (See Instructions)
IN
Comment for Type of Reporting Person: See Item 4 for additional information.
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
CYABRA, INC.
(b)
Address of issuer's principal executive offices:
13 Gershon Shatz, Tel Aviv, Israel 6997543
Item 2.
(a)
Name of person filing:
This report on Schedule 13G is being filed by (i) Trailblazer Sponsor Group, LLC, a Delaware limited liability company (the "Sponsor") and (ii) Joseph Hammer ("Mr. Hammer" and, collectively with the Sponsor, the "Reporting Persons").
The Sponsor and Mr. Hammer have entered into a Joint Filing Agreement, dated the date hereof, pursuant to which the Sponsor and Mr. Hammer have agreed to file this statement and any subsequent amendments hereto jointly in accordance with the provisions of Rule 13d-1(k)(1) under the Act. Any disclosures herein with respect to persons other than the Sponsor and Mr. Hammer are made on information and belief after making inquiry to the appropriate party. The filing of this statement should not be construed as an admission that any of the forgoing persons is, for the purposes of Section 13 of the Act, the beneficial owner of the Common Stock reported herein.
(b)
Address or principal business office or, if none, residence:
The principal place of business of each of the Reporting Persons is 510 Madison Avenue, Suite 1401, New York, NY 10022.
(c)
Citizenship:
Trailblazer Sponsor Group, LLC is a Delaware limited liability company. Joseph Hammer is a citizen of the United States.
(d)
Title of class of securities:
Common Stock, par value $0.0001 per share
(e)
CUSIP Number(s):
23249H105
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
As of March 27, 2026 (the "Event Date"), the Sponsor is the record holder of 2,158,949 shares of common stock, par value $0.0001 per share (the "Common Stock") of Cyabra, Inc. (the "Issuer"). As a result of the foregoing, the Sponsor beneficially owns approximately 15.6% of the outstanding shares of Common Stock of the Issuer as of the Event Date. Ownership percentages are based on 13,814,167 shares of Common Stock issued and outstanding as of March 27, 2026, as disclosed by the Issuer directly to the Reporting Persons. Mr. Hammer is the manager of the Sponsor and has voting and dispositive power over the securities held of record by the Sponsor. Mr. Hammer disclaims any beneficial ownership of the securities held by the Sponsor, except to the extent of his pecuniary interest therein.
(b)
Percent of class:
15.6%
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
Trailblazer Sponsor Group, LLC - 2,158,949 shares of Common Stock
Joseph Hammer - 2,158,949 shares of Common Stock
(ii) Shared power to vote or to direct the vote:
Trailblazer Sponsor Group, LLC - 0
Joseph Hammer - 0
(iii) Sole power to dispose or to direct the disposition of:
Trailblazer Sponsor Group, LLC - 2,158,949 shares of Common Stock
Joseph Hammer - 2,158,949 shares of Common Stock
(iv) Shared power to dispose or to direct the disposition of:
Trailblazer Sponsor Group, LLC - 0
Joseph Hammer - 0
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Trailblazer Sponsor Group, LLC
Signature:
/s/ Joseph Hammer
Name/Title:
Joseph Hammer/Manager
Date:
04/23/2026
Joseph Hammer
Signature:
/s/ Joseph Hammer
Name/Title:
Joseph Hammer
Date:
04/23/2026
Exhibit Information
Exhibit 99.1 Joint Filing Agreement pursuant to Rule 13d-1(k)
What stake does Trailblazer Sponsor Group hold in CYAB?
Trailblazer Sponsor Group holds 2,158,949 shares, reported as 15.6% of common stock as of March 27, 2026. The percentage is calculated using 13,814,167 shares outstanding provided to the reporting persons by the issuer.
Who is Joseph Hammer in the CYAB Schedule 13G?
Joseph Hammer is identified as the manager of Trailblazer Sponsor Group and is reported to have voting and dispositive power over the Sponsor's shares. He disclaims beneficial ownership except to the extent of any pecuniary interest.
What date is used to calculate the ownership percentage in the filing?
The ownership percentage is calculated as of the Event Date, March 27, 2026. The filing ties the 15.6% figure to the issuer-disclosed outstanding share count of 13,814,167 on that date.
Does the Schedule 13G indicate whether the stake is passive or active?
The filing is a joint Schedule 13G under Rule 13d-1(k) and lists voting/dispositive power for the Sponsor and manager. It does not expressly characterize the stake as "passive" or "active" in the provided excerpt.
What identifying details are included for the reported shares?
The filing lists the class as Common Stock, $0.0001 par with CUSIP 23249H105, and gives the Sponsor's principal business address at 510 Madison Avenue, Suite 1401, New York, NY 10022.
