Burtech Acquisition Corp.
BRKHW
NASDAQ Global Market0.60
USD
+0.16
- -
CIK
0001871638
ISIN
US1230131120
CUSIP
123013112
Return %
Stock
S&P500
1Y
300.00
24.99
3Y
252.94
70.19
5Y
160.87
77.45
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 M. Khan
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 1300 Pennsylvania Avenue NW Washington DC United States of America 20004
- CIK
- 0001871638
- Website
- burtechacq.us
- Similar Companies
- Business
- BurTech Acquisition Corp. operates as a special purpose acquisition company (SPAC) focused on effecting mergers, capital stock exchanges, asset acquisitions, stock purchases, reorganizations, or similar business combinations with companies, primarily targeting high-growth sectors such as retail, lifestyle, hospitality, technology, and real estate. The company initially raises capital through public offerings to identify and merge with operating businesses, thus providing a streamlined route for those businesses to access public markets. The company recently completed a major business combination with Blaize, Inc., an edge AI technology firm specializing in AI-enabled computing hardware solutions for edge applications across industries such as automotive, retail, and software. Blaize offers products including the Graph Streaming Processor (GSP) designed for automotive smart-vision and edge AI applications. This merger positions the combined entity, renamed Blaize Holdings, Inc., as a leading player in edge AI technology with a focus on sectors including transportation, healthcare, and smart cities. The transaction was valued at an implied pro forma enterprise value of approximately $1.14 billion, and the combined company now trades on NASDAQ under the ticker symbols "BZAI" and "BZAI.W." In parallel, BurTech has engaged in strategic partnerships and funding rounds, including raising over $330 million from investors such as SO,-Benz AG, Magna, Samsung, Templeton, and others to support Blaize's growth. It also signed a letter of intent for a possible business combination with CleanBay Renewables Inc., aiming to create a renewable energy and sustainable agriculture platform focused on renewable natural gas (RNG), green hydrogen, and controlled-release fertilizers. CleanBay operates bioconversion facilities that recycle poultry litter into RNG and fertilizer. BurTech Acquisition Corp. was founded in 2021 and is headquartered in the United States. The company leverages deep industry expertise and strategic capital management to identify and acquire promising businesses, thereby fostering innovation and growth in targeted sectors. The combined entity’s operations span globally, with Blaize maintaining its headquarters in El Dorado Hills, California, and additional teams in San Jose, India, the UK, and the United Arab Emirates. Overall, BurTech Acquisition Corp. serves as a dynamic investment platform, facilitating capital deployment into high-potential companies and sectors, with recent strategic emphasis on AI-enabled edge computing and renewable energy technologies through its acquisitions and partnerships.