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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
Date of Report (Date of earliest event reported):
December 22, 2023
BURTECH ACQUISITION CORP.
(Exact name of registrant as specified in its
charter)
Delaware |
|
001-41139 |
|
85-2708752 |
(State or other jurisdiction
of incorporation) |
|
(Commission
File Number) |
|
(IRS Employer
Identification No.) |
1300 Pennsylvania Ave NW, Suite 700
Washington, DC 20004
(Address of principal executive offices, including
zip code)
Registrant’s telephone number,
including area code: (202) 600-5757
Not
Applicable
(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:
x |
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|
|
¨ |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
|
|
¨ |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
|
|
¨ |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b)
of the Exchange Act:
Title of each class |
|
Trading
Symbol |
|
Name of each exchange on
which registered |
Units, each consisting of one share of Class A Common Stock and one Redeemable Warrant |
|
BRKHU |
|
The Nasdaq Stock Market LLC |
|
|
|
|
|
Class A Common Stock, par value $0.0001 per share |
|
BRKH |
|
The Nasdaq Stock Market LLC |
|
|
|
|
|
Warrants, each exercisable for one share of Class A Common Stock for $11.50 per 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 (§230.405 of this chapter) or Rule
12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company x
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 7.01 Regulation FD Disclosure.
On December 22, 2023, BurTech Acquisition Corp.,
a Delaware corporation (“BurTech”), and Blaize, Inc., a Delaware corporation (“Blaize”), issued
a joint press release (the “Press Release”) announcing the execution of the Agreement and Plan of Merger (“Merger
Agreement”), dated December 22, 2023, by and among Burtech, BurTech Merger Sub Inc., a Delaware corporation and a direct wholly
owned subsidiary of BurTech (“Merger Sub”), Blaize and Burkhan Capital LLC, a Delaware limited liability company, pursuant
to which Merger Sub will merge with and into Blaize, with Blaize surviving such merger as a direct, wholly owned subsidiary of BurTech
(the “Business Combination”). At the effective time of the Business Combination, BurTech will change its name to “Blaize
Holdings, Inc.” The Press Release is attached hereto as Exhibit 99.1 and incorporated by reference herein.
The information in this Item 7.01, including Exhibit
99.1, is furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended
(the “Exchange Act”), or otherwise subject to liabilities under that section, and shall not be deemed to be incorporated
by reference into the filings of BurTech under the Securities Act of 1933, as amended (the “Securities Act”), or the
Exchange Act, regardless of any general incorporation language in such filings. This Current Report on Form 8-K (this “Form 8-K”)
will not be deemed an admission as to the materiality of any information of the information contained in this Item 7.01, including Exhibit
99.1.
No Offer or Solicitation
This Form 8-K is not a proxy statement or solicitation
of a proxy, consent or authorization with respect to any securities or in respect of the Business Combination and does not constitute
an offer to sell or a solicitation of an offer to buy any securities of BurTech or Blaize, nor shall there be any sale of any such 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 such state or jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements
of the Securities Act.
INVESTMENT IN ANY SECURITIES DESCRIBED HEREIN
HAS NOT BEEN APPROVED OR DISAPPROVED BY THE U.S. SECURITIES AND EXCHANGE COMMISSION (THE “SEC”) OR ANY OTHER REGULATORY
AUTHORITY NOR HAS ANY AUTHORITY PASSED UPON OR ENDORSED THE MERITS OF THE BUSINESS COMBINATION OR THE ACCURACY OR ADEQUACY OF THE INFORMATION
CONTAINED HEREIN. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE.
Additional Information and Where to Find It
In connection with the Business Combination, BurTech
intends to file with the SEC a Registration Statement on Form S-4 with the SEC, which will include a preliminary prospectus and proxy
statement of BurTech in connection with the Business Combination, referred to as a proxy statement/prospectus (the “Registration
Statement”), and after the Registration Statement is declared effective, BurTech will mail a definitive proxy statement/prospectus
relating to the Business Combination to its stockholders. This Form 8-K does not contain all the information that should be considered
concerning the Business Combination and is not intended to form the basis of any investment decision or any other decision in respect
of the Business Combination. BurTech may file other documents regarding the Business Combination with the SEC, and BurTech’s stockholders
and other interested persons are advised to read, when available, the preliminary proxy statement/prospectus and the amendments thereto,
the definitive proxy statement/prospectus and the other documents filed in connection with the Business Combination, as these materials
will contain important information about Blaize, BurTech and the Business Combination. When available, the definitive proxy statement/prospectus
and other relevant materials for the Business Combination will be mailed to stockholders of BurTech as of a record date to be established
for voting on the Business Combination and the other matters to be voted upon at a meeting of BurTech’s stockholders to be held
to approve the Business Combination and such other matters. Such stockholders will also be able to obtain copies of the preliminary proxy
statement/prospectus, the definitive proxy statement/prospectus and other documents filed with the SEC, without charge, once available,
at the SEC’s website at www.sec.gov, or by directing a request to BurTech Acquisition Corp., 1300 Pennsylvania Avenue, Suite 700,
New York, NY 20006, Attention: Roman Livson, Chief Financial Officer.
Before making any voting decision, investors
and security holders of BurTech are urged to read the registration statement, the proxy statement/prospectus, and amendments thereto,
and the definitive proxy statement/prospectus in connection with BurTech’s solicitation of proxies for its stockholders’ meeting
to be held to approve the Business Combination, and all other relevant documents filed or that will be filed with the SEC in connection
with the Business Combination as they become available because they will contain important information about BurTech, Blaize and the Business
Combination.
Participants in Solicitation
BurTech, Blaize, and their respective directors,
executive officers, other members of management, and employees, under SEC rules, may be deemed to be participants in the solicitation
of proxies from BurTech’s stockholders in connection with the Business Combination. Information regarding the persons who may, under
SEC rules, be deemed participants in the solicitation of BurTech’s stockholders in connection with the Business Combination, including
the names of such persons and a description of their respective interests, is set forth in BurTech’s Annual Reports on Form 10-K,
Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. Additional information regarding the interests of those persons and other
persons who may be deemed participants in the proposed business combination may be obtained by reading the Registration Statement regarding
the proposed business combination when it becomes available. Stockholders will be able to obtain copies of the documents described in
this paragraph that are filed with the SEC, once available, without charge at the SEC’s website at www.sec.gov, or by directing
a request to BurTech Acquisition Corp., 1300 Pennsylvania Avenue, Suite 700, New York, NY 20006, Attention: Roman Livson, Chief Financial
Officer.
Forward-Looking Statements Legend
This Form 8-K contains forward-looking statements
within the meaning of Section 27A of the U.S. Securities Act and Section 21E of the Exchange Act that are based on beliefs and assumptions
and on information currently available to BurTech and Blaize. In some cases, you can identify forward-looking statements by the following
words: “may,” “will,” “could,” “would,” “should,” “expect,” “intend,”
“plan,” “anticipate,” “believe,” “estimate,” “predict,” “project,”
“potential,” “continue,” “ongoing,” “target,” “seek” or the negative or plural
of these words, or other similar expressions that are predictions or indicate future events or prospects, although not all forward-looking
statements contain these words. Forward-looking statements are predictions, projections and other statements about future events that
are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual
future events to differ materially from the forward-looking statements in this document, including but not limited to: (i) the risk that
the Business Combination may not be completed in a timely manner or at all, which may adversely affect the price of BurTech’s securities;
(ii) the risk that the Business Combination may not be completed by BurTech’s business combination deadline and the potential failure
to obtain an extension of the business combination deadline if sought by BurTech; (iii) the failure to satisfy the conditions to the consummation
of the Business Combination, including the approval of the Business Combination by BurTech’s stockholders, the satisfaction of the
minimum aggregate transaction proceeds amount following redemptions by BurTech’s public stockholders and the receipt of certain
governmental and regulatory approvals; (iv) the failure to obtain financing to complete the Business Combination and to support the future
working capital needs of Blaize and the combined company; (v) the effect of the announcement or pendency of the Business Combination on
Blaize’s business relationships, performance, and business generally; (vi) risks that the Business Combination disrupts current
plans of Blaize and potential difficulties in the retention of Blaize employees as a result of the Business Combination; (vii) the outcome
of any legal proceedings that may be instituted against BurTech or Blaize related to the Merger Agreement and the Business Combination;
(viii) changes to the proposed structure of the Business Combination that may be required or appropriate as a result of applicable laws
or regulations or as a condition to obtaining regulatory approval of the Business Combination; (ix) the ability to maintain the listing
of BurTech’s securities on Nasdaq; (x) the price of BurTech’s securities, including volatility resulting from changes in the
competitive and highly regulated industries in which Blaize operates, variations in performance across competitors, changes in laws and
regulations affecting Blaize’s business and changes in the combined capital structure; (xi) the ability to implement business plans,
forecasts, and other expectations after the completion of the Business Combination, including the possibility of cost overruns or unanticipated
expenses in development programs, and the ability to identify and realize additional opportunities; (xii) the enforceability of Blaize’s
intellectual property, including its patents, and the potential infringement on the intellectual property rights of others, cyber security
risks or potential breaches of data security; (xiii) the incurrence of significant expenses to remediate, or damage to Blaize’s
reputation as a result of, any defects in Blaize’s products; and (xiv) other risks and uncertainties set forth in the section entitled
“Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in BurTech’s Annual Reports on
Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K that are available on the website of the SEC at www.sec.gov
and other documents filed, or to be filed with the SEC by BurTech, including the Registration Statement. The foregoing list of factors
is not exhaustive. There may be additional risks that neither BurTech nor Blaize presently know or that BurTech or Blaize currently believe
are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. You should carefully
consider the foregoing factors and the other risks and uncertainties that will be described in the definitive proxy statement to be filed
by BurTech with the SEC, including those under “Risk Factors” therein, and other documents filed by BurTech from time to time
with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to
differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are
made. Readers are cautioned not to put undue reliance on forward-looking statements, and BurTech and Blaize assume no obligation and,
except as required by law, do not intend to update or revise these forward-looking statements, whether as a result of new information,
future events, or otherwise. Neither BurTech nor Blaize gives any assurance that either BurTech or Blaize will achieve its expectations.
Item 9.01 Financial Statements and Exhibits.
(d) List of Exhibits.
The Exhibit Index is incorporated by reference herein.
Exhibit Index
SIGNATURE
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.
|
BurTech Acquisition Corp. |
|
|
|
Date: December 22, 2023 |
By: |
/s/ Shahal Khan |
|
Name: |
Shahal Khan |
|
Title: |
Chief Executive Officer |
Exhibit 99.1
Blaize, a Leading
Global Provider of AI Solutions for Edge Computing, to go Public Through a Business Combination with BurTech Acquisition Corp.
| · | Blaize
is a provider of full-stack artificial intelligence (“AI”) solutions for automotive
and edge computing in multiple large and rapidly growing markets. |
| · | Blaize has previously raised $224 million from strategic investors
that include DENSO, Mercedes Benz, Magna and Samsung, financial investors such as Franklin Templeton, GGV and Bess Ventures,
and globally-renowned operators such as Dado Banatao, Jürgen Hambrecht, Roland Berger, and Kurt Lauk. |
| · | The
proposed transaction values Blaize at a pro forma enterprise value of $894 million. |
| · | Expected to deliver minimum proceeds of approximately $71 million, prior to payment of expenses, to the combined company to accelerate Blaize's full-stack edge-AI product roadmap and support Blaize's execution of significant business opportunities. |
| · | Blaize has a strong customer pipeline across multiple industries, underwritten
by several joint development agreements, including a long-term joint development agreement with a leading automotive Tier-1 original equipment
manufacturer (“OEM) supplier, and a multi-phase master services agreement with a leading German automotive original equipment manufacturer
(“OEM”) to deliver AI acceleration. |
El Dorado Hills, CA--(BUSINESS WIRE)—Blaize,
Inc. (“Blaize”), a provider of purpose-built, AI-enabled edge computing solutions, announced today that it has entered into
a definitive agreement to combine with BurTech Acquisition Corp. (“BurTech”) (NASDAQ: BRKH), a publicly traded special purpose
acquisition company. Upon closing of the proposed transaction, Blaize will become a publicly traded company and is expected to be listed
on Nasdaq under a new ticker symbol. The proposed transaction values Blaize at a pro forma enterprise value of $894 million.
Blaize Overview
Blaize is a provider of full-stack,
AI-enabled computing solutions across diverse and expanding markets, encompassing automotive, mobility,
retail, security, industrial automation, healthcare and others that represent a collective total
addressable market in excess of $70 billion. Blaize’s proprietary, purpose-built, full-stack
programable processor architecture and low-code/no-code software platform solutions are designed to enable enterprises to rapidly harness
the power of AI at the periphery of the network and in the data center and deliver real-time insights and decision-making capabilities
with speed and efficiency.
This efficient processor architecture
is designed to address the inherent challenges of edge AI processing, providing high performance
computing at low power consumption, minimal latency and high efficiency. The Blaize architecture
includes its software suite composed of Blaize® AI Studio® and Blaize® Picasso® SDK (Software Development Kit), providing
customers with a user-friendly and flexible means to swiftly develop and deploy applications at a highly optimized total cost of ownership
(“TCO”).
Management Comments
BurTech
Quote: CEO and Chairman of BurTech Shahal Khan, commented, “Today marks the beginning of an extraordinary journey as
BurTech agrees to combine with Blaize. The potential in the field of edge AI is immense, and this partnership positions the combined company
for success. We are honored to have garnered strong backing from visionary investors, a testament to the revenue and growth potential
in our journey. Our confidence in Blaize's management team is unwavering, and together, we are poised to be a leading player in a bright
and transformative future in the world of edge AI. We are eager to pioneer the path ahead."
Blaize Quote:
Commenting on this merger, CEO and co-founder of Blaize, Dinakar Munagala
stated, "This combination with BurTech is a landmark event for Blaize. It positions us perfectly to tackle the exciting challenges
and global opportunities in AI computing and processors. We are grateful for the support of our long-term investors and the commitment
from BurTech. This enables us to rapidly deploy our proprietary AI solutions across multiple geographies and play a prominent role in
shaping the future of sustainable AI innovation.”
Transaction Overview
Under the terms of the merger agreement,
Blaize will merge with and into a wholly owned Delaware subsidiary of BurTech that was formed for the purpose of the proposed transaction
(the “Merger”), with Blaize surviving the Merger as a direct wholly owned subsidiary of BurTech. At the effective time of
the Merger, stockholders of Blaize immediately prior to the effective time of the Merger will receive shares of BurTech common stock
based on an implied pro forma enterprise value of approximately $894 million at a price of $10.00 per share.
The proposed transaction is expected to deliver minimum proceeds of
approximately $71 million (prior to payment of expenses), including approximately $46 million cash from BurTech’s trust account
(assuming no further redemptions by BurTech’s stockholders) and a $25 million committed investment from Burkhan Capital, LLC, an
affiliate of BurTech, in the form of convertible notes and warrants of Blaize.
In addition, 16.3 million shares of
common stock of BurTech may be issued as earnout shares after the closing of the proposed transaction, in accordance with the schedule
set forth in the merger agreement. The earnout shares are to be issued to shareholders of Blaize and Burkhan Capital LLC contingent,
in each case, on meeting certain stock price thresholds.
In connection with the consummation
of the proposed transaction, BurTech will be renamed “Blaize Holdings, Inc.”
The proposed transaction, which has
been unanimously approved by the board of directors of each of BurTech and Blaize, is expected to close in the second quarter of 2024,
subject to approval by BurTech’s and Blaize’s stockholders and the satisfaction of other customary closing conditions, including
the effectiveness of a registration statement on Form S-4 (the “Registration Statement”), which will contain a proxy statement/prospectus,
and other regulatory approvals. Additional information about the proposed transaction, including a copy of the merger, will be filed
by BurTech in a Current Report on Form 8-K with the SEC that will be available at www.sec.gov.
Advisors
Norton Rose Fulbright US LLP is
acting as U. S. legal counsel to BurTech. Cohen and Company Capital Markets a division of J.V.B. Financial Group, LLC is acting as
exclusive financial advisor, lead capital markets advisor and private placement agent to Blaize. Latham & Watkins LLP is acting
as legal counsel to Blaize. Blueshirt Capital Advisors is also serving as an investor relations advisor to Blaize.
About BurTech Acquisition Corp.
BurTech Acquisition Corp. (NASDAQ: BRKH) is a special purpose acquisition
company dedicated to partnering with exceptional businesses and providing them with the resources and expertise to excel in the public
market. With a focus on delivering long-term value to stockholders and supporting innovative companies, BurTech Acquisition Corp. is committed
to creating success stories in technology industries. With steadfast stockholders, a robust financial footing, and an unyielding commitment
to innovation, BurTech Acquisition Corp. is a visionary force in the technology world.
About Blaize
Blaize has developed a suite of purpose-built, full-stack
programmable processor architecture, and low-code/no-code software platform that enables AI processing solutions for high performance
computing in multiple large and rapidly growing markets. Its proprietary, purpose-built solutions are designed to enable enterprises to
harness the power of AI at the periphery of the network and in the data center and deliver real-time insights and decision-making capabilities
with speed and efficiency.
This union of breakthrough
hardware and software technologies—each optimizing the other—are designed to deliver a complete end-to-end market-proven
solution powered by:
| · | Blaize® Graph Streaming Processor (GSP®)—a
fully programmable, next-generation AI accelerator processor designed for edge and data centers and to deliver efficient compute, reduced
latency, and bandwidth, and available in multiple form factors. |
| · | Blaize®
AI Studio®—an intuitive, low-code/no-code development environment that is intended to simplify the creation and deployment
of AI models at the edge, empowering developers and data scientists to build and optimize AI applications efficiently, bringing AI-powered
solutions to market quickly. |
| · | Blaize®
Picasso® SDK—a graph-native and open software environment that is designed to accelerate the entire AI application development
cycle and build and optimize complete AI applications running on GSP silicon. |
Blaize is dedicated to delivering a market-proven complete
end-to-end solution that provides superior performance and TCO compared to graphics processing unit (GPU) and application-specific integrated
circuit (ASIC) alternatives. Blaize has established a comprehensive partner ecosystem that delivers turn-key solutions based on and complementing
its technologies, such as cloud service providers, independent software vendors, aggregators, industrial personal computer vendors and
others. Blaize has raised $224 million from strategic investors such as DENSO, Mercedes Benz, Magna, and Samsung, financial investors
such as Franklin Templeton, GGV and Bess Ventures, and globally-renowned operators such as Dado Banatao, Jürgen Hambrecht, Roland Berger, and Kurt Lauk. Headquartered in El Dorado Hills (CA), Blaize has more than 200 employees worldwide
with teams in San Jose (CA), Cary (NC) and subsidiaries in Hyderabad (India) and Leeds and Kings Langley (UK).
Cautionary
Statement Regarding Forward Looking Statements
This press
release contains forward-looking statements within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended (the
“Securities Act”), and Section 21E of the U.S. Securities Exchange Act of 1934, as amended (the “Exchange
Act”) that are based on beliefs and assumptions and on information currently available to BurTech and Blaize. In some cases,
you can identify forward-looking statements by the following words: “may,” “will,” “could,”
“would,” “should,” “expect,” “intend,” “plan,” “anticipate,”
“believe,” “estimate,” “predict,” “project,” “potential,”
“continue,” “ongoing,” “target,” “seek” or the negative or plural of these words, or
other similar expressions that are predictions or indicate future events or prospects, although not all forward-looking statements
contain these words. Forward-looking statements are predictions, projections and other
statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and
uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this
document, including but not limited to: (i) the risk that the proposed transaction may not be completed in a timely manner or at
all, which may adversely affect the price of BurTech’s securities; (ii) the risk that the proposed transaction may not be
completed by BurTech’s business combination deadline and the potential failure to obtain an extension of the business
combination deadline if sought by BurTech; (iii) the failure to satisfy the conditions to the consummation of the proposed
transaction, including the approval of the proposed transaction by BurTech’s stockholders, the satisfaction of the minimum
aggregate transaction proceeds amount following redemptions by BurTech’s public stockholders and the receipt of certain
governmental and regulatory approvals; (iv) the failure to obtain financing to complete the proposed transaction and to support the
future working capital needs of Blaize and the combined company; (v) the effect of the announcement or pendency of the proposed
transaction on Blaize’s business relationships, performance, and business generally; (vi) risks that the proposed transaction
disrupts current plans of Blaize and potential difficulties in the retention of Blaize employees as a result of the proposed
transaction; (vii) the outcome of any legal proceedings that may be instituted against BurTech or Blaize related to the merger
agreement and the proposed transaction ; (viii) changes to the proposed structure of the proposed transaction that may be required
or appropriate as a result of applicable laws or regulations or as a condition to obtaining regulatory approval of the proposed
transaction; (ix) the ability to maintain the listing of BurTech’s securities on Nasdaq; (x) the price of BurTech’s
securities, including volatility resulting from changes in the competitive and highly regulated industries in which Blaize operates,
variations in performance across competitors, changes in laws and regulations affecting Blaize’s business and changes in the
combined capital structure; (xi) the ability to implement business plans, forecasts, and other expectations after the completion of
the proposed transaction, including the possibility of cost overruns or unanticipated expenses in development programs, and the
ability to identify and realize additional opportunities; (xii) the enforceability of Blaize’s intellectual property,
including its patents, and the potential infringement on the intellectual property rights of others, cyber security risks or
potential breaches of data security; (xiii) the incurrence of significant expenses to remediate, or damage to Blaize’s
reputation as a result of, any defects in Blaize’s products; and (xiv) other risks and uncertainties set forth in the section
entitled “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in BurTech’s Annual
Reports on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K that are available on the website of the
Securities and Exchange Commission (the “SEC”) at www.sec.gov and other documents filed, or to be filed with the SEC by
BurTech, including the Registration Statement. The foregoing list of factors is not exhaustive. There may be additional risks that
neither BurTech nor Blaize presently know or that BurTech or Blaize currently believe are immaterial that could also cause actual
results to differ from those contained in the forward-looking statements. You should carefully consider the foregoing factors and
the other risks and uncertainties that will be described in the definitive proxy statement to be filed by BurTech with the SEC,
including those under “Risk Factors” therein, and other documents filed by BurTech from time to time with the SEC. These
filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially
from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers
are cautioned not to put undue reliance on forward-looking statements, and BurTech and Blaize assume no obligation and, except as
required by law, do not intend to update or revise these forward-looking statements, whether as a result of new information, future
events, or otherwise. Neither BurTech nor Blaize gives any assurance that either BurTech or Blaize will achieve its
expectations.
Additional
Information and Where to Find It
In connection with the proposed transaction,
BurTech intends to file with the SEC the Registration Statement, and after the Registration Statement is declared effective, BurTech
will mail a definitive proxy statement/prospectus relating to the proposed transaction to its stockholders. This press release does not
contain all the information that should be considered concerning the proposed transaction and is not intended to form the basis of any
investment decision or any other decision in respect of the proposed transaction. BurTech may file other documents regarding the proposed
transaction with the SEC, and BurTech’s stockholders and other interested persons are advised to read, when available, the preliminary
proxy statement/prospectus and the amendments thereto, the definitive proxy statement/prospectus and the other documents filed in connection
with the proposed transaction, as these materials will contain important information about Blaize, BurTech and the proposed transaction.
When available, the definitive proxy statement/prospectus and other relevant materials for the proposed transaction will be mailed to
stockholders of BurTech as of a record date to be established for voting on the proposed transaction and the other matters to be voted
upon at a meeting of BurTech’s stockholders to be held to approve the proposed transaction and such other matters. Such stockholders
will also be able to obtain copies of the preliminary proxy statement/prospectus, the definitive proxy statement/prospectus and other
documents filed with the SEC, without charge, once available, at the SEC’s website at www.sec.gov, or by directing a request to
BurTech Acquisition Corp., 1300 Pennsylvania Avenue, Suite 700, New York, NY 20006, Attention: Roman Livson, Chief Financial Officer.
Participants
in Solicitation
BurTech, Blaize, and their respective
directors, executive officers, other members of management, and employees, under SEC rules, may be deemed to be participants in the solicitation
of proxies from BurTech’s stockholders in connection with the proposed transaction. Information regarding the persons who may,
under SEC rules, be deemed participants in the solicitation of BurTech’s stockholders in connection with the proposed transaction,
including the names of such persons and a description of their respective interests, is set forth in BurTech’s Annual Reports on
Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. Additional information regarding the interests of those persons
and other persons who may be deemed participants in the proposed transaction may be obtained by reading the Registration Statement regarding
the proposed transaction when it becomes available. Stockholders will be able to obtain copies of the documents described in this paragraph
that are filed with the SEC, once available, without charge at the SEC’s website at www.sec.gov, or by directing a request to BurTech
Acquisition Corp., 1300 Pennsylvania Avenue, Suite 700, New York, NY 20006, Attention: Roman Livson, Chief Financial Officer.
No Offer or Solicitation
This press release is not a proxy statement
or solicitation of a proxy, consent or authorization with respect to any securities or in respect of the proposed transaction and does
not constitute an offer to sell or a solicitation of an offer to buy any securities of BurTech or Blaize, nor shall there be any sale
of any such 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 such state or jurisdiction. No offer of securities shall be made except by means of a prospectus
meeting the requirements of the Securities Act.
Contact Information
For Blaize
Investors
Mark Roberts
Blueshirt Capital Advisors
ir@Blaize.com
For BurTech Acquisition Corporation
Roman Livson
Chief Financial Officer
1300 Pennsylvania Avenue, Suite 700
Washington, DC 20006
investors@burtechacq.us
# # #
v3.23.4
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Dec. 22, 2023 |
Document Information [Line Items] |
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Document Type |
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Amendment Flag |
false
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Document Period End Date |
Dec. 22, 2023
|
Entity File Number |
001-41139
|
Entity Registrant Name |
BURTECH ACQUISITION CORP.
|
Entity Central Index Key |
0001871638
|
Entity Tax Identification Number |
85-2708752
|
Entity Incorporation, State or Country Code |
DE
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Entity Address, Address Line One |
1300 Pennsylvania Ave NW
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Entity Address, Address Line Two |
Suite 700
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Entity Address, City or Town |
Washington
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Entity Address, State or Province |
DC
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Entity Address, Postal Zip Code |
20004
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City Area Code |
202
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Local Phone Number |
600-5757
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Units, each consisting of one share of Class A Common Stock and one Redeemable Warrant [Member] |
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Title of 12(b) Security |
Units, each consisting of one share of Class A Common Stock and one Redeemable Warrant
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Trading Symbol |
BRKHU
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Security Exchange Name |
NASDAQ
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Common Stock [Member] |
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Document Information [Line Items] |
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Title of 12(b) Security |
Class A Common Stock, par value $0.0001 per share
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Trading Symbol |
BRKH
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Security Exchange Name |
NASDAQ
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Warrants, each exercisable for one share of Class A Common Stock for $11.50 per share [Member] |
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Title of 12(b) Security |
Warrants, each exercisable for one share of Class A Common Stock for $11.50 per share
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Trading Symbol |
BRKHW
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Security Exchange Name |
NASDAQ
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