BurTech Acquisition Closes $287.5M IPO with Exercise of Full Over-Allotment Option

IPO

BurTech Acquisition closed its initial public offering of 25 million units at $10 per unit. The underwriters exercised their over-allotment option in full for an additional 3.75 million units.

The SPAC’s units list on the Nasdaq under the ticker symbol BRKHU.

BurTech intends to focus its search for a target business in the retail, lifestyle, hospitality, technology, or real estate markets. Read more.

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