
Burtech Press Releases
Burtech Press Releases
BurTech Acquisition Corp (the "Company") announced today that it priced its initial public offering of 25,000,000 units at $10.00 per unit.
Blaize, a Leading Global Provider of AI Solutions for Edge Computing, to Go Public Through a Business Combination with BurTech Acquisition Corp.
The proposed transaction is expected to deliver minimum proceeds of approximately $71 million (prior to expenses), including approximately $46 million cash from BurTech’s trust account (assuming no further redemptions) and a $25 million committed investment from Burkhan Capital, an affiliate of BurTech, in the form of convertible notes and warrants of Blaize.