BurTech Acquisition Corp. (NASDAQ: BRKH) is a special purpose acquisition company dedicated to partnering with exceptional businesses and providing them with the resources and expertise to excel in the public market. With a focus on delivering long-term value to stockholders and supporting innovative companies, BurTech Acquisition Corp. is committed to creating success stories in technology industries. With steadfast stockholders, a robust financial footing, and an unyielding commitment to innovation, BurTech Acquisition Corp. is a visionary force in the technology world.
![BurTech Acquisition Corp - Ordinary Shares logo](/files/LOGO/1871638-BRKH.png)
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
19 Jul 24
8-K
BurTech Acquisition Corp. and Blaize Announce filing of registration statement on Form S-4 Related to Proposed Business Combination
19 Jul 24
S-4
Registration of securities issued in business combination transactions
18 Jul 24
10-Q
2024 Q1
Quarterly report
5 Jun 24
8-K
BurTech Acquisition Corp. Receives Notice from Nasdaq Regarding Delayed Quarterly Report
5 Jun 24
NT 10-Q
Notice of late quarterly filing
16 May 24
10-K
2023 FY
Annual report
7 May 24
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
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) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | 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) | 148.74 k | 148.74 k | 148.74 k | 148.74 k | 148.74 k | 148.74 k |
Cash burn (monthly) | 231.53 k | 85.30 k | 158.60 k | 247.07 k | 485.04 k | 264.18 k |
Cash used (since last report) | 895.16 k | 329.81 k | 613.22 k | 955.25 k | 1.88 mm | 1.02 mm |
Cash remaining | -746.42 k | -181.08 k | -464.48 k | -806.52 k | -1.73 mm | -872.69 k |
Runway (months of cash) | -3.2 | -2.1 | -2.9 | -3.3 | -3.6 | -3.3 |
Institutional ownership, Q1 2024
86.5% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 6 |
Opened positions | 5 |
Closed positions | 1 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 490.41 mm |
Total shares | 13.11 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Burtech | 10.39 mm | $0.00 |
First Pacific Advisors | 1.24 mm | $222.73 mm |
Calamos Advisors | 1.00 mm | $179.90 mm |
Context Capital Management | 394.52 k | $70.98 mm |
Cowen And | 92.91 k | $16.72 mm |
Spartan Fund Management | 493.00 | $89.00 k |
Proequities | 0.00 | $0.00 |
Press releases
INVESTIGATION ALERT: Halper Sadeh LLC Investigates BRKH, CVII, and TRTL on Behalf of Shareholders; Shareholders are Encouraged to Contact the Firm
22 Jul 24
BurTech Acquisition Corp. and Blaize Announce filing of registration statement on Form S-4 Related to Proposed Business Combination
18 Jul 24
BurTech Acquisition Corp. Receives Notice from Nasdaq Regarding Delayed Quarterly Report
5 Jun 24