Burtech Acquisition Corp.
BRKH
NASDAQ Global Market11.66
USD
-1.28
- -
CIK
0001871638
ISIN
US1230131047
CUSIP
123013104
Return %
Stock
S&P500
1Y
-11.47
26.84
3Y
14.65
77.03
5Y
18.98
80.55
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Shahal Khan
- Full Time Employees
- 5
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 1300 Pennsylvania Avenue NW Washington DC United States of America 20004
- IPO Date
- Jan 31, 2022
- CIK
- 0001871638
- Website
- burtechacq.us
- Similar Companies
- Business
- BurTech Acquisition Corp. is a special purpose acquisition company (SPAC) primarily engaged in effecting mergers, capital stock exchanges, asset acquisitions, stock purchases, reorganizations, or similar business combinations with target companies. Founded in 2021 and headquartered in Washington, D.C., BurTech focuses on identifying businesses within the retail, lifestyle, hospitality, technology, and real estate sectors for its strategic acquisitions. The company's investment strategy leverages its management team's expertise to identify high-growth potential companies and facilitate their transition to public markets, aiming to enhance revenue models, cost structures, brand awareness, and product offerings. The core business model of BurTech Acquisition Corp. involves raising capital through public offerings and holding funds in trust to finance acquisitions of private companies. Recently, BurTech has completed a significant business combination with Blaize, Inc., a provider of AI-enabled edge computing solutions, marking a strategic expansion into the artificial intelligence and edge computing market. Blaize delivers AI-powered edge computing hardware and software solutions characterized by low power consumption, low latency, cost-effectiveness, and data privacy. The merger positions Blaize, now operating as Blaize Holdings, Inc., to target the rapidly growing AI accelerators silicon market for edge applications, with a qualified prospective customer pipeline exceeding $400 million for 2025 and Tier 1 global supply chain relationships. Blaize has strong support from strategic and financial investors and maintains operations in the United States, India, the UK, and the UAE. In addition to the Blaize merger, BurTech has signed a letter of intent for a potential business combination with CleanBay Renewables Inc., aiming to build a renewable energy and sustainable agriculture platform. CleanBay focuses on renewable natural gas, green hydrogen, and controlled-release fertilizers, recycling large volumes of poultry litter annually. This proposed transaction underscores BurTech’s strategic diversification into sustainable and green energy sectors. BurTech’s latest major changes since 2023 include securing substantial pre-merger funding, issuing $116 million in convertible notes for Blaize’s growth, the completion of the Blaize merger in January 2025, and pursuing new business combinations to expand its portfolio in technology and renewable energy. The company operates as a subsidiary of BurTech LP LLC and continues to advance its model of disciplined fundamental investment with an active approach to growing acquired businesses through capital investment and operational improvements. Its shares trade on Nasdaq under the ticker BRKH.
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Blaize, a Leading Global Provider of AI Solutions for Edge Computing, to Go Public Through a Business Combination with BurTech Acquisition Corp.
BurTech Acquisition Corp. and CleanBay Renewables Announce Letter of Intent for a Business Combination