BurTech Acquisition (BRKHU)

Sector - SPAC

IPO Profile

About company

They are a newly organized blank check company. They intend to capitalize on the ability of their management team to identify, acquire and operate a business in any industry or sector; however, given the experience of their founders, they expect to focus on acquiring a business that participates within the retail, lifestyle, hospitality, technology or real estate markets. They believe the experience of their management team makes them well situated to identify, source, negotiate and execute an initial business combination with an attractive company or business within these markets, where their management team has significant expertise. They intend to identify and acquire a business that could benefit from a partner that has extensive operational, capital markets and investment management experience in their areas of focus, and that presents potential for an attractive return to their investors. They believe that by optimizing its capital structure and allocating capital efficiently, and by operating under a deliberate long-term strategy, they can rapidly scale or bring about a transformation in their target business’ operations. Additionally, their management team has deep insight in building ecosystems and brands, consumer buying patterns and technologies required to put together powerful solutions and business models.
Industry
Blank Checks
CEO CFO
-
Employees Founded
4 2021

Contacts

Address: 1300 Pennsylvania Ave Nw, Suite 700 Washington, Dc 20004

Telephone: (202) 600-5757

Web page:

IPO information

First Trade Date 12/13/2021
Status Priced
Exchange NASDAQ
Lockup Period Expiration .Pro
Quiet Period Expiration .Pro
Old Price Range
-
Share prices ($)
10
10
10
0
0
Price Low Price High Priced Open 1st day Close 1st day

Shares & Volumes

Shares Initial (MM) 25
Shares Revised (MM) 25
Expected offer amount (MM) $250
Realized offer amount(MM) $250

Financial Data (last reporting year)

Market Cap (MM) $312.5
Revenues (MM) $0
Net Income (Loss) (MM) $0

Voting

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Underwriters
EF Hutton
CO-Managers

Sector: SPAC