BurTech Acquisition Corp

For the period ended Dec 31, 2023. Filed May 7, 2024.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed May 7, 2024

BZAI$0.20-2.5%Stored close · as of Nov 9, 2026

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Contents

Consolidated Balance Sheets


· December 31, · · December 31,
	2023		2022
Assets:
Current assets:
Cash		$—		$22,232
Restricted Cash		843,313		—
Due from sponsor		318,888		—
Trust Account - Restricted for Redeeming Shareholders		24,539,002		—
Other Assets		—		186,532
Total current assets		25,701,203		208,764
Investments held in Trust Account		46,893,175		295,802,694
Total Assets		$72,594,378		$296,011,458

Liabilities and Stockholders’ Deficit
Current liabilities:
Accrued expenses		$2,123,846		$304,952
Franchise tax payable		35,800		200,000
Due to Trust Account		318,888		—
Redeemed stock payable to public stockholders		24,539,002		—
Convertible promissory note - related party		810,345		—
Income tax payable		1,027,644		791,758
Excise Tax Payable		2,523,150		—
Total current liabilities		31,378,675		1,296,710
Deferred underwriting commissions		10,062,500		10,062,500
Total Liabilities		41,441,175		11,359,210

Commitments and Contingencies (Note 6)
Class A common stock subject to possible redemption, 4,345,663 and 28,750,000 shares at redemption value of approximately $10.81 and $10.25 as of December 31, 2023 and 2022, respectively		46,991,932		294,796,918
Stockholders’ Deficit:
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding		—		—
Class A common stock, $0.0001 par value; 280,000,000 shares authorized; 10,817,000 and 1,329,500 shares issued and outstanding (excluding 2,285,040 shares to be redeemed as of December 31, 2023 and excluding 4,345,663 and 28,750,000 shares subject to possible redemption) as of December 31, 2023 and 2022, respectively		1,082		133
Class B common stock, $0.0001 par value; 20,000,000 shares authorized; 0 and 9,487,500 shares issued and outstanding as of December 31, 2023 and 2022, respectively		—		949
Additional paid-in capital		—		—
Accumulated deficit		(15,839,811)		(10,145,752)
Total Stockholders’ Deficit		(15,838,729)		(10,144,670)
Total Liabilities and Stockholders’ Deficit		$72,594,378		$296,011,458

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.