Fintech News Trading

BurTech Acquisition Corp. Announces The Separate Trading Of Its Class A Common Stock and Warrants, Commencing

BurTech Acquisition Corp. Announces The Separate Trading Of Its Class A Common Stock and Warrants, Commencing

BurTech Acquisition Corp. (the “Company”) announced commencing , holders of the units sold in the Company’s initial public offering completed on December 15, 2021, may elect to separately trade the shares of Class A common stock and warrants included in such units on The Nasdaq Capital Market (“Nasdaq”).

Latest Fintech Insights: 468 Capital Raises $400 Million Fund II

No fractional warrants will be issued upon separation of the units and only whole warrants will trade. The Class A common stock and warrants that are separated will trade on Nasdaq under the symbols “BRKH” and “BRKHW,” respectively.

Those units not separated will continue to trade on Nasdaq under the symbol “BRKHU.” Holders of units will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company’s transfer agent, in order to separate the units into shares of Class A common stock and warrants. Once the securities comprising the units begin separate trading, the shares of Class A common stock and warrants are expected to be listed on Nasdaq under the symbols “BRKH” and “BRKHW” respectively.

Browse The Complete News About Fintech : VanEck Launches Its First Multi-Token Cryptocurrency Fund

EF Hutton acted as sole book-running manager of the offering. A registration statement relating to these securities was declared effective by the U.S. Securities and Exchange Commission (the “SEC”) on December 10, 2021. The offering was made only by means of a prospectus, copies of which may be obtained through the SEC’s

The Company is a blank check company whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or entities.

The Company has not selected a business combination target and has not, nor has anyone on its behalf, initiated any substantive discussions, directly or indirectly, with any business combination target. The Company intends to focus its search for a target business in the retail, lifestyle, hospitality, technology, or real estate markets. The Company is led by its Chief Executive Officer, Shahal Khan.

Read More About Fintech News Innovative Payment Solutions, Inc. Launches IPSIPay App

[To share your insights with us, please write to sghosh@martechseries.com]

Related posts

SmartRIA Compliance Platform Selected by LPL Financial for Vendor Affinity Partner Program

Fintech News Desk

Digihost Announces Over 6,000 M30 Bitcoin Miners Received or in Transit Since Mid-October

Fintech News Desk

PayU Innovates with SDK Releases for Frictionless Digital Payments Across Devices

PR Newswire
1