BurTech Acquisition Corp
For the period ended Dec 31, 2023. Filed May 7, 2024.
View on SEC.govAbout 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$0.18-10.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Changes in Stockholders’ Deficit
FOR THE YEAR ENDED DECEMBER 31, 2023 AND 2022
| | | | | | | | | | | | | | | | | | | | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| · · Class A · · Class B · · Additional · · · · · Total | |||||||||||||||||||
| · · Common Stock · · Common Stock · · Paid-in · · Accumulated · · Stockholders’ | |||||||||||||||||||
| · Shares · Amount · Shares · Amount · Capital · Deficit · Deficit | |||||||||||||||||||
| Balance as of December 31, 2021 | | 1,329,500 | | $133 | | 9,487,500 | | $949 | | $— | | $(8,834,941) | | $(8,833,859) | |||||
| Accretion for common stock subject to redemption amount | | — | | | — | | — | | | — | | | — | | | (2,984,418) | | | (2,984,418) |
| Net income | | — | | | — | | — | | | — | | | — | | | 1,673,607 | | | 1,673,607 |
| Balance as of December 31, 2022 | | 1,329,500 | | $133 | | 9,487,500 | | $949 | | $— | | $(10,145,752) | | $(10,144,670) | |||||
| Conversion of Class B to Class A Shares | | 9,487,500 | | | 949 | | (9,487,500) | | | (949) | | | — | | | — | | | — |
| Stockholder Non-Redemption Agreement | | — | | | — | | — | | | — | | | — | | | 8,758,683 | | | 8,758,683 |
| Stockholder Non-Redemption Agreement | — | | — | | — | | | — | | — | | (8,758,683) | | (8,758,683) | |||||
| Excise tax liability arising from redemption of Class A shares | | — | | | — | | — | | | — | | | — | | | (2,523,150) | | | (2,523,150) |
| Accretion for common stock subject to redemption amount | — | | | — | | — | | | — | | | — | | | (4,510,051) | | | (4,510,051) | |
| Net income | | — | | | — | | — | | | — | | | — | | | 1,339,142 | | | 1,339,142 |
| Balance as of December 31, 2023 | | 10,817,000 | | $1,082 | | — | | $— | | $— | | $(15,839,811) | | $(15,838,729) | |||||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.