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$0.20-2.5%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Operations
| | | | | | | |
|---|---|---|---|---|---|---|
| · · For the Year · · For the Year | ||||||
| · · Ended · · Ended | ||||||
| · · December 31, · · December 31, | ||||||
| · 2023 · 2022 | ||||||
| Formation and operating costs | | $3,040,539 | | $1,320,997 | ||
| Franchise Tax | | | 344,271 | | | 202,932 |
| Loss from operations | | | (3,384,810) | | | (1,523,929) |
| | | | | | | |
| Other income | | | | | | |
| Interest income earned on Trust | | | 5,751,596 | | | 3,989,294 |
| Total other income, net | | | 5,751,596 | | | 3,989,294 |
| | | | | | | |
| Income before provision for income taxes | | | 2,366,786 | | | 2,465,365 |
| Provision for income taxes | | | (1,027,644) | | | (791,758) |
| Net income | | $1,339,142 | | $1,673,607 | ||
| | | | | | ||
| Weighted average shares outstanding of Class A common stock subject to redemption, basic and diluted | | | 10,578,271 | | | 28,750,000 |
| Basic and diluted net income per common stock, Class A subject to redemption | | $0.06 | | $0.04 | ||
| Weighted average shares outstanding of non-redeemable Class A common stock, basic and diluted | | | 1,803,670 | | | 1,329,500 |
| Basic and diluted net income per common stock, non-redeemable Class A | | $0.06 | | $0.04 | ||
| Weighted average shares outstanding of Class B common stock, basic and diluted | | 9,071,610 | | 9,487,500 | ||
| Basic and diluted net income per Class B common stock | | $0.06 | | $0.04 | ||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.