BurTech Acquisition Corp II (BRKHU) CEO reports 3.57M Class B indirect holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
BurTech Acquisition Corp II director and CEO Shahal M. Khan reported his initial beneficial ownership position. The filing shows indirect ownership of 3,567,857 Class B ordinary shares through Burtech Sponsor II LLC, where he has voting and dispositive power but disclaims beneficial ownership except for any pecuniary interest.
The Class B ordinary shares are convertible into Class A ordinary shares on a one-for-one basis in connection with the company’s initial business combination or earlier at the holders’ option, and they have no expiration date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Khan Shahal
Role
Director and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class B ordinary shares | -- | -- | -- |
Holdings After Transaction:
Class B ordinary shares — 3,567,857 shares (Indirect, See Footnote)
Footnotes (1)
- Consists of shares owned by Burtech Sponsor II LLC (the "sponsor"). Shahal M. Khan is the managing member of the sponsor and has voting and dispositive power over the shares owned by the sponsor. Mr. Khan disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly. The Class B ordinary shares will automatically convert into Class A ordinary shares concurrently with or immediately following the consummation of the Issuer's initial business combination, or earlier at the option of the holders thereof on a one-for-one basis, subject to the adjustments. The Class B ordinary shares have no expiration date.
Key Figures
Indirect Class B holdings: 3,567,857 shares
Conversion ratio: 1-for-1
Exercise price: $0.0000 per share
3 metrics
Indirect Class B holdings
3,567,857 shares
Class B ordinary shares held via Burtech Sponsor II LLC
Conversion ratio
1-for-1
Class B ordinary shares into Class A ordinary shares
Exercise price
$0.0000 per share
Conversion/exercise price shown in derivative summary
Key Terms
Class B ordinary shares, Class A ordinary shares, beneficial ownership, pecuniary interest, +1 more
5 terms
beneficial ownership financial
"Mr. Khan disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest…"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"other than to the extent of any pecuniary interest he may have therein, directly or indirectly."
initial business combination financial
"concurrently with or immediately following the consummation of the Issuer'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.
FAQ
What did the BurTech Acquisition Corp II (BRKHU) Form 3 report for Shahal M. Khan?
The Form 3 reports Shahal M. Khan’s initial beneficial ownership as director and CEO. It shows indirect holdings of 3,567,857 Class B ordinary shares through Burtech Sponsor II LLC, rather than any new purchase or sale transaction.