Blaize Holdings, Inc.
For the period ended Dec 31, 2025. Filed Mar 24, 2026.
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FY2025 · Filed Mar 24, 2026
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Glossary
This glossary highlights some of the terms that we use elsewhere in this Annual Report on Form 10-K and is not a complete list of all the defined terms used herein.
“AI” means artificial intelligence.
“API” means application programming interface.
“Blaize Holdings, Inc.” means the Company and its subsidiaries, after the Business Combination.
“Board” or “Board of Directors” means the board of directors of the Company.
“BurTech” means BurTech Acquisition Corporation, a SPAC, which was a publicly traded entity existing prior to the Closing Date of the Business Combination.
“Burkhan” means Burkhan Capital LLC, a Delaware limited liability company, an affiliate of BurTech.
“Business Combination” means the transaction pursuant to the Merger Agreement, whereby Merger Sub merged with and into Legacy Blaize, with Legacy Blaize being the surviving company and a wholly owned subsidiary of BurTech. The Business Combination may also be referred to as a “de-SPAC” transaction.
“CFIUS” means the Committee on Foreign Investment in the United States, which is an inter-governmental agency committee in the United States government that reviews the national security implications of foreign investments in the economy of the United States.
“Closing Date” means January 13, 2025, the date that the Company consummated the transaction contemplated by the Merger Agreement.
“de-SPAC” transaction means a process where a private operating company (in this case, Legacy Blaize) merges with a SPAC (in this case, BurTech) to become a publicly traded company.
“FCPA” means the U.S. Foreign Corrupt Practices Act of 1977, as amended.
“GSP” means Graph Streaming Processor, a specialized AI accelerator designed for graph-native computing.
“JOBS Act” means the Jumpstart Our Business Startups Act of 2012.
“Legacy Blaize” means Blaize, Inc., which survived the Merger as a wholly owned subsidiary of the Company.
“Merger” means the transactions contemplated by the Merger Agreement as defined below, and, together with the other transactions contemplated by the Merger Agreement, the “Business Combination”.
“Merger Agreement” means the Agreement and Plan of Merger, dated as of December 22, 2023 (as amended on April 22, 2024, October 24, 2024, and November 21, 2024), by and among BurTech, Merger Sub, Legacy Blaize and, for the limited purposes set forth therein, Burkhan.
“Merger Sub” means BurTech Merger Sub, Inc., a former Delaware corporation and former wholly owned subsidiary of BurTech. Merger Sub was a shell company formed by BurTech solely in order to complete the acquisition of Legacy Blaize.
“Nasdaq” means The Nasdaq Stock Market LLC. Both the Nasdaq Global Market (on which the Company’s common stock is listed) and Nasdaq Capital Market (on which the Company’s warrants are listed) are tiers of markets within the broader Nasdaq Stock Market LLC.
“NRE” means non-recurring engineering engagements, also referred to as strategic consulting services.
“OEM” means original equipment manufacturer.
“PCIe card” means a peripheral component interconnected express card, an expansion component that upgrades computer functionality.
“RSU” means a restricted stock unit.
“Securities Act” means the Securities Act of 1933, as amended.
“SoC” means System-on-a-Chip products, including our wafer fabrication, assembly, and testing processes.
“SPAC” means Special Purpose Acquisition Company, which is a blank check, publicly traded shell company that has raised capital through an initial public offering and is formed with the purpose of performing a business combination transaction within a specified timeframe.
“Sponsor” means BurTech LP, LLC, which prior to the Merger was the sponsor of BurTech. After the close of the Merger, the Sponsor and its affiliated entities remained a significant shareholder in the Company and are therefore considered a related party.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.