BurTech Acquisition Corp. (BRKHU) Prices $250M IPO


BurTech Acquisition Corp. (BRKHU) Prices $250M IPO

Dec 10, 2021 IPOs by Marlena Haddad

BurTech Acquisition Corp. announced the pricing of its $250 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “BRKHU” Monday, December 13.

The new SPAC intends to combine with a business that participates within the retail, lifestyle, hospitality, technology or real estate markets. BurTech is led by Chairman of the Board of Directors and Chief Executive Officer Shahal Khan, President Isaac Chetrit, Chief Financial Officer Roman Livson, Chief Investment Officer Payel Farasat, and Chief Marketing Officer Christopher Schroeder.

Total SPAC deal count for 2021 year-to-date is now 591. This offering is expected to close on Wednesday, December 15.

EF Hutton, division of Benchmark Investments, LLC is acting as sole book-running manager for the offering. Loeb & Loeb LLP is serving as Issuer’s Counsel with Lucosky Brookman LLP serving as Underwriter’s Counsel. Marcum LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.