BurTech Acquisition Corp. Files 8-K with Financials
Ticker: BZAIW · Form: 8-K · Filed: Jan 13, 2025 · CIK: 1871638
Sentiment: neutral
Topics: financial-statements, 8-k, corporate-events
Related Tickers: BRKH
TL;DR
BurTech Acquisition Corp. (BRKH) filed an 8-K on Jan 13, 2025, detailing financial statements and other events as of Dec 31, 2024.
AI Summary
BurTech Acquisition Corp. filed an 8-K on January 13, 2025, reporting events as of December 31, 2024. The filing includes information on financial statements and exhibits, and other events. BurTech Acquisition Corp. is incorporated in Delaware and operates in the Semiconductors & Related Devices industry.
Why It Matters
This 8-K filing provides an update on BurTech Acquisition Corp.'s financial status and other corporate events, which is crucial for investors to assess the company's performance and future prospects.
Risk Assessment
Risk Level: low — This filing is a routine 8-K reporting financial statements and other events, not indicating any immediate significant risks.
Key Players & Entities
- BurTech Acquisition Corp. (company) — Registrant
- 001-41139 (company) — SEC File Number
- December 31, 2024 (date) — Period of Report
- January 13, 2025 (date) — Filing Date
FAQ
What is the primary purpose of this 8-K filing for BurTech Acquisition Corp.?
The primary purpose is to report on Other Events, Regulation FD Disclosure, and to file Financial Statements and Exhibits as of December 31, 2024.
When was this 8-K report filed with the SEC?
This 8-K report was filed on January 13, 2025.
What is BurTech Acquisition Corp.'s industry classification?
BurTech Acquisition Corp. is classified under Semiconductors & Related Devices with SIC code 3674.
Where is BurTech Acquisition Corp. incorporated and what is its fiscal year end?
BurTech Acquisition Corp. is incorporated in Delaware and its fiscal year ends on December 31.
What are the key items reported in this 8-K filing?
The key items reported are Regulation FD Disclosure, Other Events, and Financial Statements and Exhibits.
Filing Stats: 896 words · 4 min read · ~3 pages · Grade level 12.1 · Accepted 2025-01-13 09:25:59
Key Financial Figures
- $0.0001 — Inc. Class A Common Stock, par value $0.0001 per share BRKH OTC Markets Group, I
- $11.50 — r one share of Class A Common Stock for $11.50 per share BRKHW OTC Markets Group,
- $1.50 — that each Investor receives a return of $1.50 per Non-Redeemed Share whether Investor
- $10,863,000.50 — redemption. As a result, approximately $10,863,000.50 (approximately $11.58 per share) will b
- $11.58 — oximately $10,863,000.50 (approximately $11.58 per share) will be removed from the Com
- $36,679,717.31 — ts, the Company will have approximately $36,679,717.31 in the Company's trust account. In conn
- $33,054,587.54 — on-Redemption Agreements, approximately $33,054,587.54 will be transferred into a separate esc
Filing Documents
- tm252930d1_8k.htm (8-K) — 34KB
- tm252930d1_ex99-1.htm (EX-99.1) — 15KB
- 0001104659-25-002906.txt ( ) — 279KB
- brkh-20241231.xsd (EX-101.SCH) — 4KB
- brkh-20241231_def.xml (EX-101.DEF) — 27KB
- brkh-20241231_lab.xml (EX-101.LAB) — 37KB
- brkh-20241231_pre.xml (EX-101.PRE) — 26KB
- tm252930d1_8k_htm.xml (XML) — 6KB
01. Other Events
Item 8.01. Other Events. On December 23, 2024, the Company held a special meeting in lieu of the 2024 annual meeting of the stockholders of BurTech (the " Special Meeting ") in connection with the Business Combination and other related matters, whereby the proposals for the Merger and other transactions contemplated by the Merger Agreement in connection with the Business Combination were approved. In addition, as previously reported on December 31, 2024, the Company entered into an agreement (" Non-Redemption Agreement ") with one or more unaffiliated stockholders of the Company (each, an " Investor ") who agreed not to redeem (or validly rescind any redemption requests on) their shares of Class A common stock, par value $0.0001 per share of the Company (" Non-Redeemed Shares "), in connection with the Special Meeting. In exchange for the foregoing commitments not to redeem the Non-Redeemed Shares, Blaize and BurTech LP, LLC, the Company's sponsor, have agreed to guarantee that each Investor receives a return of $1.50 per Non-Redeemed Share whether Investor (i) sells the Non-Redeemed Shares in the open market or (ii) exercises its option to require the Company to repurchase the Non-Redeemed Shares in accordance with the Non-Redemption Agreement. Entering into the Non-Redemption Agreement is expected to increase the amount of funds that remain in the Company's trust account following the Business Combination. In connection with the stockholders' vote at the Special Annual Meeting of Stockholders held by the Company on December 23, 2024 and after certain Investors entered into the Non-Redemption Agreements, 937,844 shares were tendered for redemption. As a result, approximately $10,863,000.50 (approximately $11.58 per share) will be removed from the Company's trust account to pay such holders, after taking into account additional allocation of payments to cover any tax obligation of the Company, such as franchise taxes, but not including any excise tax, since that
01. Financial
Item 9.01. Financial (d) Exhibits The following exhibits are being filed herewith: Exhibit No. Description 99.1 Press Release Dated January 13, 2025 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 2 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. BURTECH ACQUISITION CORP. By: /s/ Shahal Khan Name: Shahal Khan Title: Chief Executive Officer Dated: January 13, 2025 3