- SPACs
- BurTech Acquisition Corp.
BurTech Acquisition Corp.
Completed 2025-01-13- CIK 1871638
- BRKH
- Now BZAI
- IPO 2021-12-14
- $47.6M trust
- 307 filings
Successfully merged with Blaize, Inc. • Now trading as BZAI
- IPO Size
- $288M
- raised at the IPO
- Trust
- $47.6M
- as of 2024-12-31
- Current Status
- Completed
- from its latest filing
- IPO Year
- 2021
- year it listed
Filings, by quarter
307 filings over 21 quarters; violet bars carry a milestone
- 21 Q3: 2 filings
- 21 Q4: 24 filings
- 22 Q1: 2 filings
- 22 Q2: 2 filings
- 22 Q3: 1 filing
- 22 Q4: 6 filings
- 23 Q1: 11 filings
- 23 Q2: 7 filings
- 23 Q3: 1 filing
- 23 Q4: 13 filings
- 24 Q1: 3 filings
- 24 Q2: 10 filings
- 24 Q3: 9 filings
- 24 Q4: 32 filings
- 25 Q1: 36 filings
- 25 Q2: 20 filings
- 25 Q3: 31 filings
- 25 Q4: 25 filings
- 26 Q1: 14 filings
- 26 Q2: 35 filings
- 26 Q3: 23 filings
- S-1 filed 21 Q3
- IPO 21 Q4
- Definitive agreement 23 Q4
- Completed 25 Q1
SPAC Overview
Where it stands on the road from S-1 to merger
Timeline Progress
- Registration2021-08-19 Filed S1
- IPO2021-12-14 IPO, search begins
- Definitive Agreement2023-12-22 Agreement for merger
- Completed2025-01-13 Merger Completed
About
BurTech Acquisition Corp. is a blank-check company formed to complete an initial business combination with one or more businesses. It expects to focus on businesses in the retail, lifestyle, hospitality, technology or real estate markets.
Investment Focus
Retail, Hospitality, Technology, Real Estate
Key Information
As the filings state it
- IPO Date
- 2021-12-14
- Total Redemptions
- $10.9M
- PIPE
- $14.5M
- Jurisdiction of Incorporation
- Delaware
- SIC
- 6770
- Completion Date
- 2025-01-13
- Merger Target
- Blaize, Inc.
- SPAC Ticker
- BRKH
- Merged Ticker
- BZAI
Stock Performance
BZAITrading symbol, and its price at each step since the first trade
| Point | Date | Price | Move |
|---|---|---|---|
| First Trade | 2022-01-31 | $9.80 | |
| At Merger | 2025-01-14 | $13.09 | +34% |
| 6 Months Post-Merger | 2025-07-17 | $3.03 | -77% |
| 1 Year Post-Merger | 2026-01-16 | $2.26 | -83% |
| Current Price | 2026-10-02 | $0.48 | -95% |
SPAC Team
The banks on its IPO, and the team as the filings describe it
Underwriters
Extended Team Information
Led by Shahal Khan, with experience in investing, entrepreneurship and social venture capital; Isaac Chetrit, a real estate veteran; Roman Livson, an investment-banking and finance professional; Payel Farasat, an investment and asset-management professional; and Christopher Schroeder, a hospitality, media, marketing and brand-development entrepreneur.