BurTech Acquisition Corp.
General Information | |
Business: | We intend to focus our search on the retail, lifestyle, hospitality, technology or real estate markets. (Incorporated in Delaware) Our management team is led by Shahal Khan, our chairman and CEO; Isaac Chetrit, our president; Roman Livson, our CFO; Payel Farasat, our CIO, and Christopher Schroeder, our chief marketing officer. Shahal M. Khan is our chairman of the Board of Directors and chief executive officer. Mr. Khan’s career as an investor, entrepreneur and social venture capitalist spans over 22 years, with investments encompassing telecoms, real estate, energy, natural resources, technology (specific emphasis on Internet-related communications technologies and advanced cyber security solutions) as well as various other industrial sectors. He has contributed to the syndication of several billion in equity for projects as a principal through his family trust. Mr. Khan is the founder and since its inception in January 2021, serves as chief executive officer and as a director of Burkhan World Investments LLC, a holding company with diversified investments focusing on reinvesting gains from portfolio investments into companies that have the potential to accelerate sustainability. Mr. Khan is a shareholder of CYVOLVE, a Cyber security company in New York City and London with patents in data security. Since 2019, Mr. Khan has served as chief executive officer and chairman of the board of Trinity Hospitality Group LLC based in New York City. Trinity Hospitality Group is currently developing a hotel property in New York City, which will be a fully tech-enabled live and work destination in New York City with WIRED, a Condé Naste company. (Note: BurTech Acquisition announced the pricing of its SPAC IPO on Friday, Dec. 10, 2021, with a news release at 9:45 p.m. EST – well after the closing bell (and well after Happy Hour) – in line with the terms in its prospectus: 25 million units at $10 each to raise $250 million. The company also noted that its units are expected to start trading on the NASDAQ on Monday, Dec. 13, 2021. Each unit consists of one share of Class A common stock and one redeemable warrant, with each warrant entitling the holder to buy one share of Class A common stock at a price of $11.50 per share. Once the securities comprising the units begin separate trading, the shares of Class A common stock are expected to be listed on the NASDAQ under the symbol “BRKH” and the warrants under the symbol “BRKHW.”) |
Industry: | BLANK CHECKS |
Employees: | 0 |
Founded: | 2021 |
Contact Information | |
Address | 1300 Pennsylvania Ave NW, Suite 700 Washington, DC 20004 |
Phone Number | (202) 600-5757 |
Web Address | |
View Prospectus: | BurTech Acquisition Corp. |
Financial Information | |
Market Cap | $312.5mil |
Revenues | $0 mil (last 12 months) |
Net Income | $0 mil (last 12 months) |
IPO Profile | |
Symbol | BRKHU |
Exchange | NASDAQ |
Shares (millions): | 25.0 |
Price range | $10.00 - $10.00 |
Est. $ Volume | $250.0 mil |
Manager / Joint Managers | EF Hutton |
CO-Managers | - |
Expected To Trade: | 12/13/2021 |
Status: | Priced |
Quiet Period Expiration Date: | Available only to Subscribers |
Lock-Up Period Expiration Date: | Available only to Subscribers |
SCOOP Rating | Available only to Subscribers |
Rating Change | Available only to Subscribers |