BurTech Acquisition Corp. (the “Company”) is a blank check company incorporated in Delaware on March 2, 2021, for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses (the “Business Combination”). The Company is an emerging growth company and, as such, the Company is subject to all of the risks associated with emerging growth companies.
Company profile
Ticker
BRKH, BRKHU
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
BRKH stock data
Latest filings (excl ownership)
425
Business combination disclosure
1 May 24
8-K
Entry into a Material Definitive Agreement
1 May 24
425
Business combination disclosure
29 Apr 24
425
Business combination disclosure
26 Apr 24
8-K
Entry into a Material Definitive Agreement
26 Apr 24
425
Business combination disclosure
28 Dec 23
8-K
Entry into a Material Definitive Agreement
28 Dec 23
425
Business combination disclosure
22 Dec 23
425
Business combination disclosure
22 Dec 23
425
Business combination disclosure
22 Dec 23
Latest ownership filings
SC 13G
Burtech LP LLC
20 Feb 24
SC 13G
FIR TREE CAPITAL MANAGEMENT LP
14 Feb 24
SC 13G/A
Saba Capital Management, L.P.
7 Feb 24
SC 13G
Exos Asset Management LLC
18 May 23
SC 13G/A
Saba Capital Management, L.P.
14 Feb 23
SC 13D
Burtech LP LLC
28 Dec 21
SC 13G
Saba Capital Management, L.P.
23 Dec 21
3
Christopher Scott Schroeder
16 Dec 21
3
Joseph A Porrello
13 Dec 21
3
Patrick Francis Orlando
13 Dec 21
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | |
---|---|---|---|
Revenue | |||
Cost of revenue | |||
Operating income | |||
Operating margin | |||
Net income | |||
Net profit margin | |||
Cash on hand | |||
Change in cash | |||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 358.00 | 358.00 | 358.00 | 358.00 | 358.00 | |
Cash burn (monthly) | 422.52 k | 143.81 k | 242.57 k | (no burn) | (no burn) | |
Cash used (since last report) | 3.06 mm | 1.04 mm | 1.76 mm | n/a | n/a | |
Cash remaining | -3.06 mm | -1.04 mm | -1.75 mm | n/a | n/a | |
Runway (months of cash) | -7.2 | -7.2 | -7.2 | n/a | n/a |
Institutional ownership, Q4 2023
13F holders | Current |
---|---|
Total holders | 2 |
Opened positions | 0 |
Closed positions | 57 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 6.51 mm |
Total shares | 11.02 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Burtech | 10.39 mm | $0.00 |
Exos Asset Management | 635.82 k | $6.51 mm |