BurTech Acquisition priced its IPO of 25 million units at $10 each. Units list on the Nasdaq and begin trading today under the ticker symbol BRKHU. Each consists of one share of Class A common stock and a warrant. Once the securities begin separate trading, shares and warrants are expected to be listed under BRKH and BRKHW.
The blank-check company intends to focus its search for a target business in the retail, lifestyle, hospitality, technology, or real estate markets.
EF Hutton is acting sole book-running manager for the offering. Read more.