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Burtech Acquisition Corp II (BRKHU) raises $80M and funds $80.4M trust

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8-K

Rhea-AI Filing Summary

Burtech Acquisition Corp II completed its initial public offering of 8,000,000 units at $10.00 per unit, generating gross proceeds of $80,000,000. Each unit includes one Class A ordinary share and one redeemable warrant exercisable at $11.50 per share.

The company also sold 252,000 private placement units at $10.00 each, raising an additional $2,520,000. A total of $80,400,000 from the IPO and private placement was deposited into a U.S. trust account for the benefit of public shareholders, to be used for a future business combination or redemptions within a 15‑ to 21‑month completion window.

In connection with the IPO, Burtech appointed four directors, formed its audit, compensation and nominating committees, and adopted amended and restated governing documents. Its units trade on Nasdaq under BRKHU, with Class A shares and warrants expected to trade separately as BRKH and BRKHW.

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Insights

Burtech II raises $80M SPAC capital and funds a $80.4M trust.

Burtech Acquisition Corp II has launched as a SPAC by closing an IPO of $80,000,000 from 8,000,000 units at $10.00 each, plus $2,520,000 from 252,000 private placement units. Each unit bundles a Class A share and a warrant exercisable at $11.50.

The filing states that $80,400,000 is held in a U.S. trust account for public shareholders, to be released only upon a business combination, certain shareholder‑approved amendments, or liquidation. The completion window runs 15 months from the IPO closing, extendable to 21 months if the sponsor deposits $0.10 per public share for each three‑month extension.

Governance was formalized through an amended and restated memorandum and articles of association and independent board committees. Actual investor impact will depend on whether Burtech II secures a suitable business combination in sectors such as retail, lifestyle, hospitality, technology or real estate within the stated timeframe.

Item 1.01 Entry into a Material Definitive Agreement Business
The company signed a significant contract such as a merger agreement, credit facility, or major partnership.
Item 3.02 Unregistered Sales of Equity Securities Securities
The company sold equity securities in a private placement or other unregistered transaction.
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year Governance
The company amended its charter documents, bylaws, or changed its fiscal year.
Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
IPO size $80,000,000 8,000,000 units at $10.00 per unit
Units offered 8,000,000 units Initial public offering units sold
Warrant exercise price $11.50 per share Each whole warrant for one Class A share
Private placement units 252,000 units Sold at $10.00 per unit, $2,520,000 gross proceeds
Trust account balance $80,400,000 As of May 26, 2026 from IPO and private placement
Completion window 15–21 months From IPO closing to complete initial business combination
Extension deposit $0.10 per public share Per three-month extension up to 21 months
Over-allotment option 1,200,000 units Underwriter 45-day option at IPO price
special purpose acquisition company financial
"Burtech Acquisition Corp II is a blank check company, also commonly known as a special purpose acquisition company"
A special purpose acquisition company (SPAC) is a company formed with the sole purpose of raising money through a public offering to buy or merge with an existing private business. It acts like a vehicle that allows private companies to go public more quickly and with less complexity. For investors, it offers an opportunity to invest early in a potential acquisition, though it also carries risks if the intended deal doesn’t materialize.
trust account financial
"a total of $80,400,000 of the net proceeds ... was deposited in a trust account established for the benefit of the Company’s public shareholders"
A trust account is a special bank or brokerage account where assets are held and managed by a designated person or firm (the trustee) for the benefit of another person or group (the beneficiary). It matters to investors because it separates assets from personal or corporate funds, can protect assets, control how and when money is used, and may affect tax or legal rights—think of it as a locked drawer opened only under agreed rules.
initial business combination financial
"the completion of the Company’s initial business combination"
An initial business combination is the deal in which a special-purpose acquisition company (SPAC) merges with or acquires an operating business to bring that business onto public markets. Think of the SPAC as an empty shell that raises money from investors, then uses that cash to buy a private company—this transaction turns the private company into a public one and often changes its ownership, valuation, and access to capital, so investors should watch for shifts in risk, future growth prospects, and shareholder rights.
over-allotments financial
"a 45-day option to purchase up to an additional 1,200,000 units ... to cover over-allotments"
An over-allotment is a temporary extra batch of shares that the underwriters of a stock offering are allowed to sell beyond the original amount, with the right to buy those shares back later. Think of it as spare tickets sold to meet demand and then reclaimed if needed to keep the market orderly; it helps stabilize the stock price after an offering and can affect short-term supply and potential dilution, which matters to investors tracking price and ownership stakes.
forward-looking statements regulatory
"This press release contains statements that constitute “forward-looking statements,” including with respect to the Company’s initial public offering"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
emerging growth company regulatory
"Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
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Understanding 8-K Material Events →
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

Form 8-K

 

Current Report

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

May 21, 2026
Date of Report (Date of earliest event reported)

 

Burtech Acquisition Corp II

(Exact name of Registrant as specified in its charter)

 

Cayman Islands   001-43311   N/A
(State or other jurisdiction
of incorporation)		   (Commission File Number)   (I.R.S. Employer
Identification Number)

 

5601 Arbor Lane
Coral Gables, FL		   33156
(Address of Principal Executive Offices)   (Zip Code)

 

Registrant’s telephone number, including area code: (202) 790-8050

 

N/A
(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

☐Written communications pursuant to Rule 425 under the Securities Act

 

☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act

 

☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act

 

☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Units, each consisting of one Class A ordinary share and one redeemable warrant   BRKHU   The Nasdaq Stock Market LLC
Class A ordinary shares, par value $0.0001 per share   BRKH   The Nasdaq Stock Market LLC
Warrants, each whole warrant exercisable for one Class A ordinary share   BRKHW   The Nasdaq Stock Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

 

Emerging growth company ☒

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

 

 

Item 1.01. Entry into a Material Definitive Agreement.

 

On May 13, 2026, the registration statement on Form S-1 (File No. 333-295232) (the “Registration Statement”) relating to the initial public offering (the “IPO”) of Burtech Acquisition Corp II, a Cayman Islands exempted company (the “Company”) was declared effective by the U.S. Securities and Exchange Commission (the “SEC”).

 

On May 26, 2026, the Company consummated its IPO, which consisted of 8,000,000 units (the “Units”). Each Unit consists of one Class A ordinary share, $0.0001 par value (“Class A Ordinary Share”) and one redeemable warrant of the Company (each, a “Warrant”), with each whole Warrant entitling the holder thereof to purchase one Class A Ordinary Share for $11.50 per share, subject to adjustment. The Units were sold at an offering price of $10.00 per Unit, generating gross proceeds of $80,000,000.

 

In connection with the IPO, the Company entered into the following agreements, forms of which were previously filed as exhibits to the Company’s Registration Statements, filed with the SEC:

 

●Underwriting Agreement, dated May 21, 2026, by and between the Company and D. Boral Capital, LLC, as representative of the underwriters in the IPO (“D. Boral”), a copy of which is attached as Exhibit 1.1 hereto and incorporated herein by reference;

 

●Warrant Agreement, dated as of May 21, 2026, by and between the Company and Continental Stock Transfer & Trust Company, as warrant agent, a copy of which is attached as Exhibit 4.1 and incorporated herein by reference;

 

●Letter Agreement, dated May 21, 2026, by and among the Company, Burtech Sponsor II, LLC (the “Sponsor”) the officers and directors of the Company and certain third-party investors, a copy of which is attached as Exhibit 10.1 and incorporated herein by reference;

 

●Investment Management Trust Agreement, dated as of May 21, 2026, by and between the Company and Continental Stock Transfer & Trust Company, as trustee, a copy of which is attached as Exhibit 10.2 and incorporated herein by reference;

 

●Registration Rights Agreement, dated as of May 21, 2026, by and among the Company, the Sponsor and certain security holders of the Company, a copy of which is attached as Exhibit 10.3 and incorporated herein by reference;

 

●Private Placement Units Purchase Agreement, dated May 21, 2026, by and between the Company and the Sponsor, a copy of which is attached as Exhibit 10.4 and incorporated herein by reference;

 

●Founder Shares and Private Placement Units Purchase Agreement, dated May 21, 2026, by and among the Company, the Sponsor and the third-party investor signatories thereto, a copy of which is attached as Exhibit 10.5 and incorporated herein by reference;

 

●Indemnity Agreement, dated as of May 21, 2026, by and between the Company and Shahal M. Khan, a copy of which is attached as Exhibit 10.6 and incorporated herein by reference;

 

●Indemnity Agreement, dated as of May 21, 2026, by and between the Company and Roman Livson, a copy of which is attached as Exhibit 10.7 and incorporated herein by reference;

 

●Indemnity Agreement, dated as of May 21, 2026, by and between the Company and Leon Golden, a copy of which is attached as Exhibit 10.8 and incorporated herein by reference;

 

●Indemnity Agreement, dated as of May 21, 2026, by and between the Company and Sergey Alekseev, a copy of which is attached as Exhibit 10.9 and incorporated herein by reference;

 

●Indemnity Agreement, dated as of May 21, 2026, by and between the Company and Scott E. Young, a copy of which is attached as Exhibit 10.10 and incorporated herein by reference; and

 

●Administrative Services Agreement, dated May 21, 2026, by and between the Company and the Sponsor, a copy of which is attached as Exhibit 10.11 and incorporated herein by reference.

 

As of May 26, 2026, a total of $80,400,000 of the net proceeds from the IPO and the Private Placement (as defined below) was deposited in a trust account established for the benefit of the Company’s public shareholders.

 

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Item 3.02. Unregistered Sales of Equity Securities.

 

Simultaneously with the closing of the IPO, the Company completed the private sale of an aggregate of 252,000 private placement units (the “Private Units”), at a purchase price of $10.00 per Private Unit, of which 222,000 Private Units were sold to the Sponsor and 30,000 Private Units were sold to third-party investors, generating gross proceeds to the Company of $2,520,000. The Private Units are identical to the public Units sold in the IPO, except as otherwise disclosed in the Registration Statement. No underwriting discounts or commissions were paid with respect to such sale. The issuance of the Private Units was made pursuant to the exemption from registration contained in Section 4(a)(2) of the Securities Act of 1933, as amended.

 

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

On May 21, 2026, in connection with the IPO, Shahal M. Khan, Leon Golden, Scott E. Young and Sergey Alekseev were appointed to the board of directors of the Company. Leon Golden, Scott E. Young and Sergey Alekseev are independent directors. Effective May 21, 2026, Leon Golden, Scott E. Young and Sergey Alekseev were appointed to the Board’s Audit Committee (with Mr. Golden serving as chair of the Audit Committee); Leon Golden, Scott E. Young and Sergey Alekseev were appointed to the Compensation Committee (with Mr. Young serving as chair of the Compensation Committee and Mr. Golden qualifying as an “audit committee financial expert” as defined in applicable SEC rules); and Leon Golden, Scott E. Young and Sergey Alekseev were appointed to the Nominating and Corporate Governance Committee (with Mr. Alekseev serving as chair of the Nominating and Corporate Governance Committee).

 

On May 21, 2026, in connection with their appointments to the Board, each of the members of the Board entered into the Letter Agreement as well as an Indemnity Agreement with the Company filed, respectively, as Exhibits 10.1 and 10.6, 10.7, 10.8, 10.9 and 10.10 herewith.

 

Other than the foregoing, none of the directors are party to any arrangement or understanding with any person pursuant to which they were appointed as directors, nor are they party to any transactions required to be disclosed under Item 404(a) of Regulation S-K involving the Company.

 

Item 5.03. Amendments to Certificate of Incorporation or Bylaws; Change in Fiscal Year.

 

On May 21, 2026, and in connection with the IPO, the Company adopted and filed its Amended and Restated Memorandum and Articles of Association. The Amended and Restated Memorandum and Articles of Association is filed herewith as Exhibit 3.1 and is incorporated by reference herein.

 

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Item 8.01. Other Events.

 

A total of $80,400,000 was placed in a U.S.-based trust account maintained by Continental Stock Transfer & Trust Company, acting as trustee. Except with respect to interest earned on the funds held in the trust account that may be released to the Company to pay its taxes, the funds held in the trust account will not be released from the trust account until the earliest of (1) the completion of the Company’s initial business combination; (2) the redemption of any public shares properly submitted in connection with a shareholder vote to amend the Company’s amended and restated memorandum and articles of association (i) to modify the substance or timing of its obligation to provide for the redemption of the Company’s public shares in connection with an initial business combination or to redeem 100% of its public shares if the Company has not consummated its initial business combination within the period of time (a) commencing on, and including the completion of the IPO and (b) ending on the date that is 15 months from the closing of the IPO (or up to 21 months from the closing of the IPO, if such date is extended by up to two three-month extensions, upon the deposit by the sponsor into the trust account of $0.10 per public Class A ordinary share then issued and outstanding, for each three month extension or such earlier date as the directors may approve (the “completion window”) or (ii) with respect to any other material provision relating to the rights of holders of the Class A ordinary shares or pre-initial business combination activity; and (3) the redemption of all of the Company’s public shares if the Company is unable to complete its initial business combination within the completion window, subject to applicable law.

 

On May 21, 2026, the Company issued a press release announcing the pricing of the IPO, a copy of which is attached as Exhibit 99.1 to this Current Report on Form 8-K.

 

On May 26, 2026, the Company issued a press release announcing the closing of the IPO, a copy of which is attached as Exhibit 99.2 to this Current Report on Form 8-K.

 

Item 9.01. Financial Statements and Exhibits.

 

Exhibit No.   Description
1.1   Underwriting Agreement, dated May 21, 2026, by and between the Company and D. Boral Capital, LLC, as representative of the underwriters.
3.1   Amended and Restated Memorandum and Articles of Association.
4.1   Warrant Agreement, dated as of May 21, 2026, by and between the Company and Continental Stock Transfer & Trust Company, as warrant agent.
10.1   Letter Agreement, dated May 21, 2026, by and among the Company, the Sponsor, the officers and directors of the Company.
10.2   Investment Management Trust Agreement, dated as of May 21, 2026, by and between the Company and Continental Stock Transfer & Trust Company, as trustee.
10.3   Registration Rights Agreement, dated as of May 21, 2026, by and among the Company, the Sponsor and certain security holders of the Company.
10.4   Private Placement Units Purchase Agreement, dated May 21, 2026, by and between the Company and the Sponsor.
10.5   Founder Shares and Private Placement Units Purchase Agreement, dated May 21, 2026, by and among the Company, the Sponsor and the third-party investor signatories.
10.6   Indemnity Agreement, dated as of May 21, 2026, by and between the Company and Shahal M. Khan.
10.7   Indemnity Agreement, dated as of May 21, 2026, by and between the Company and Roman Livson.
10.8   Indemnity Agreement, dated as of May 21, 2026, by and between the Company and Leon Golden.
10.9   Indemnity Agreement, dated as of May 21, 2026, by and between the Company and Sergey Alekseev.
10.10   Indemnity Agreement, dated as of May 21, 2026, by and between the Company and Scott E. Young.
10.11   Administrative Services Agreement, dated May 21, 2026, by and between the Company and the Sponsor.
99.1   Press Release, dated May 21, 2026.
99.2   Press Release, dated May 26, 2026.
104   The cover page from this Current Report on Form 8-K, formatted in Inline XBRL

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Dated: May 26, 2026  
   
  Burtech Acquisition Corp II

 

  By: /s/ Shahal M. Khan
  Name: Shahal M. Khan
  Title: Chief Executive Officer

 

 

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Exhibit 99.1

 

Burtech Acquisition Corp II Announces Pricing of $80,000,000 Initial Public Offering

 

Coral Gables, FL, May 21, 2026 – Burtech Acquisition Corp II (the “Company”), a newly organized special purpose acquisition company formed as a Cayman Islands exempted company, today announced the pricing of its initial public offering of 8,000,000 units at an offering price of $10.00 per unit, with each unit consisting of one Class A ordinary share and one redeemable warrant. Each whole warrant, which becomes exercisable 30 days after the completion of the Company’s initial business combination, will entitle the holder thereof to purchase one Class A ordinary share at $11.50 per share, subject to adjustments. The units are expected to trade on The Nasdaq Stock Market LLC (“Nasdaq”) under the ticker symbol “BRKHU” beginning May 22, 2026. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Once the securities comprising the units begin separate trading, the Class A ordinary shares and the warrants are expected to be traded on Nasdaq under the symbols “BRKH” and “BRKHW,” respectively.

 

D. Boral Capital LLC is acting as sole book-running manager for the offering.

 

Loeb & Loeb LLP served as legal counsel to the Company. Norton Rose Fulbright US LLP served as legal counsel to the underwriters.

 

The Company has granted the underwriter a 45-day option to purchase up to an additional 1,200,000 units at the initial public offering price to cover over-allotments, if any. The offering is expected to close on May 26, 2026 subject to customary closing conditions.

 

A registration statement relating to the securities sold in the initial public offering was declared effective by the U.S. Securities and Exchange Commission (the “SEC”) on May 13, 2026. The offering is being made only by means of a prospectus. When available, copies of the prospectus may be obtained from: D. Boral Capital LLC, 590 Madison Avenue, 39th Floor, New York, NY 10022, or by emailing dbccapitalmarkets@dboralcapital.com, or by accessing the SEC’s website at www.sec.gov.

 

This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

 

About Burtech Acquisition Corp II

 

Burtech Acquisition Corp II is a blank check company, also commonly known as a special purpose acquisition company, incorporated for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. While the Company may pursue a business combination in any sector, the Company will primarily focus on businesses in the retail, lifestyle, hospitality, technology or real estate markets. The Company’s management team is led by Shahal M. Khan, its Chief Executive Officer and a member of the Board of Directors.

 

Forward-Looking Statements

 

This press release contains statements that constitute “forward-looking statements,” including with respect to the Company’s initial public offering (“IPO”) and search for an initial business combination. No assurance can be given that the IPO be completed on the terms described, or at all. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement and preliminary prospectus for the IPO filed with the SEC. Copies are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

 

Contacts:

 

Shahal M. Khan

Chief Executive Officer

shahal@burkhan.world

 

 

Exhibit 99.2

 

Burtech Acquisition Corp II Announces Closing of $80,000,000 Initial Public Offering

 

Coral Gables, FL, May 26, 2026 – Burtech Acquisition Corp II (Nasdaq: BRKHU) (the “Company”), a newly organized special purpose acquisition company formed as a Cayman Islands exempted company, today announced the closing of its initial public offering of 8,000,000 units at an offering price of $10.00 per unit, resulting in aggregate gross proceeds to the Company of $80,000,000. Each unit consists of one Class A ordinary share and one redeemable warrant. Each whole warrant, which becomes exercisable 30 days after the completion of the Company’s initial business combination, will entitle the holder thereof to purchase one Class A ordinary share at $11.50 per share, subject to adjustments. The units are listed on The Nasdaq Stock Market LLC (“Nasdaq”) and trade under the ticker symbol “BRKHU”. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Once the securities comprising the units begin separate trading, the Class A ordinary shares and the warrants are expected to be traded on Nasdaq under the symbols “BRKH” and “BRKHW,” respectively.

 

The Company intends to use the net proceeds from the offering and the simultaneous private placement of units to pursue and consummate a business combination with one or more businesses.

 

D. Boral Capital LLC is acting as sole book-running manager for the offering. The Company has granted the underwriter a 45-day option to purchase up to an additional 1,200,000 units at the initial public offering price to cover over-allotments, if any.

 

Loeb & Loeb LLP served as legal counsel to the Company. Norton Rose Fulbright US LLP served as legal counsel to the underwriters.

 

The offering was made only by means of a prospectus. Copies of the prospectus may be obtained from: D. Boral Capital LLC, 590 Madison Avenue, 39th Floor, New York, NY 10022, or by emailing dbccapitalmarkets@dboralcapital.com, or by accessing the Securities and Exchange Commission (“SEC”) website at www.sec.gov.

 

A registration statement relating to the securities has been filed with, and declared effective by, the SEC. This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction

 

About Burtech Acquisition Corp II

 

Burtech Acquisition Corp II is a blank check company incorporated, also commonly known as a special purpose acquisition company, for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. While the Company may pursue a business combination in any sector, the Company will primarily focus on businesses in the retail, lifestyle, hospitality, technology or real estate markets. The Company’s management team is led by Shahal M. Khan, its Chief Executive Officer and a member of the Board of Directors.

 

Forward-Looking Statements

 

This press release contains statements that constitute “forward-looking statements,” including with respect to the anticipated use of the net proceeds thereof and the Company’s search for an initial business combination. No assurance can be given that the net proceeds of the offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement and preliminary prospectus for the offering filed with the SEC. Copies are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

 

Contacts:

 

Shahal M. Khan

Chief Executive Officer

shahal@burkhan.world

 

 

Source: View Original Filing on SEC EDGAR

FAQ

What did Burtech Acquisition Corp II (BRKHU) raise in its IPO?

Burtech Acquisition Corp II raised $80,000,000 in its IPO by selling 8,000,000 units at $10.00 per unit. Each unit includes one Class A ordinary share and one redeemable warrant exercisable at $11.50 per share, subject to adjustments.

How much money did Burtech Acquisition Corp II (BRKHU) place in its trust account?

Burtech Acquisition Corp II placed $80,400,000 into a U.S.-based trust account. This amount comes from the IPO and simultaneous private placement and will be released only upon a qualifying business combination, certain shareholder-approved amendments, or liquidation within the defined completion window.

What are the terms of Burtech Acquisition Corp II (BRKHU) private placement units?

Burtech Acquisition Corp II sold 252,000 private placement units at $10.00 per unit, raising $2,520,000. Of these, 222,000 units went to the sponsor and 30,000 units to third-party investors. The private units are identical to public units, with differences described in the registration statement.

What is the business combination deadline for Burtech Acquisition Corp II (BRKHU)?

Burtech Acquisition Corp II has a 15-month completion window from IPO closing, extendable up to 21 months. Extensions require the sponsor to deposit $0.10 per public Class A ordinary share into the trust account for each three-month extension period.

On which Nasdaq symbols do Burtech Acquisition Corp II (BRKHU) securities trade?

Burtech Acquisition Corp II units trade on Nasdaq under BRKHU. Once separated, the Class A ordinary shares are expected to trade under BRKH and the warrants under BRKHW, each whole warrant allowing purchase of one Class A share at $11.50.

Who underwrote the Burtech Acquisition Corp II (BRKHU) IPO and what over-allotment exists?

D. Boral Capital LLC acted as sole book-running manager for Burtech Acquisition Corp II’s IPO. The company granted the underwriter a 45-day option to purchase up to an additional 1,200,000 units at the initial public offering price to cover over-allotments, if any.

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