BurTech Acquisition (BRKHU) sponsor buys 220,000 private units for $2.2M
Rhea-AI Filing Summary
BurTech Acquisition Corp II’s sponsor, BurTech Sponsor II LLC, reported a net buy of 220,000 private units tied to Class A ordinary shares and warrants. On May 26, 2026, it acquired these units under a Private Placement Units Purchase Agreement at $10.00 per unit, for an aggregate $2,200,000.
Each private unit includes one Class A ordinary share and one redeemable warrant, so the sponsor now holds 220,000 Class A shares and 220,000 warrants. Each warrant allows the purchase of one Class A share at $11.50 per share, becoming exercisable 30 days after the initial business combination and expiring five years after that combination or earlier upon redemption or liquidation.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Warrants to purchase Class A Ordinary Shares | 220,000 | $0.00 | -- |
| Purchase | Class A Ordinary Shares | 220,000 | $0.00 | -- |
Footnotes (1)
- Reflects the 220,000 private units owned by Burtech Sponsor II LLC, the Issuer's sponsor. Each private unit consists of one Class A ordinary share and one redeemable 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 private units were purchased pursuant to a Private Placement Units Purchase Agreement, dated May 21, 2026, by and between the Reporting Person and the Issuer, at $10.00 per unit for an aggregate purchase price of $2,200,000. The warrants included in the private units will become exercisable 30 days after the completion of the Issuer's initial business combination and will expire five years after the completion of the initial business combination or earlier upon redemption or liquidation.
Key Figures
Key Terms
private units financial
redeemable warrant financial
Private Placement Units Purchase Agreement regulatory
initial business combination financial
FAQ
What insider transaction did BurTech Sponsor II LLC report for BRKHU?
BurTech Sponsor II LLC reported buying 220,000 private units of BurTech Acquisition Corp II. The transaction occurred on May 26, 2026 and reflects a net purchase position, with no reported sales, indicating additional capital committed by the sponsor into the SPAC’s structure.
How many BurTech Acquisition Corp II private units were bought and at what price?
The sponsor bought 220,000 private units at $10.00 per unit. This results in an aggregate purchase price of $2,200,000, as disclosed in the Private Placement Units Purchase Agreement dated May 21, 2026 between BurTech Sponsor II LLC and BurTech Acquisition Corp II.
What do the BurTech Acquisition Corp II private units consist of?
Each private unit consists of one Class A ordinary share and one redeemable warrant. Every whole warrant entitles the holder to purchase one additional Class A ordinary share at $11.50 per share, giving the sponsor both immediate equity and potential future upside exposure.
When can the warrants from the BurTech Acquisition Corp II private units be exercised?
The warrants become exercisable 30 days after completion of BurTech Acquisition Corp II’s initial business combination. They will then remain exercisable for five years after that business combination, unless they are redeemed earlier or become worthless upon a liquidation event of the SPAC.
What is the total dollar value of BurTech Sponsor II LLC's recent BRKHU purchase?
The total dollar value of the sponsor’s purchase is $2,200,000. This is calculated from 220,000 private units acquired at $10.00 per unit, as specified in the Private Placement Units Purchase Agreement referenced in the Form 4 footnotes.
What is the exercise price of the BurTech Acquisition Corp II private placement warrants?
Each redeemable warrant in the private units carries an exercise price of $11.50 per Class A ordinary share. This means the sponsor must pay $11.50 for each share it chooses to purchase when it exercises these warrants after the business combination.