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Stock impact report

BurTech Acquisition Corp. Announces Additional $0.05/share Per Month Contribution into the Trust in Connection with the Meeting to Approve the Extension of the Company

BurTech Acquisition Corp. (BRKH) 
Company Research Source: Business Wire
WASHINGTON--(BUSINESS WIRE)--BurTech Acquisition Corp. (the “Company”) announced today that in connection with the special shareholder meeting of the Company to approve the extension scheduled for December 9th, 2024, the Company filed a proxy supplement on December 3, 2024.The supplement amended the proposal to amend BurTech’s investment management trust agreement, dated as of December 15, 2021, as amended (the “Trust Agreement”), by and between the Company and Continental Stock Transfer & Trust Company (the “Trustee”), allowing the Company to extend the Extended Termination Date from, December 15, 2024 until May 15, 2025, on a month-to-month basis (each such monthly extension, an “Extension Period”), by depositing into the Trust Account $0.05 per non-redeemed share of Class A Common Stock (each an “Extension Payment”).As of November 29, 2024, the redemption price per Class A Common Stock was approximately $11.49 (which is expected to be the same approximate amount on December 5, Show less Read more
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