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 [Yahoo! Finance]
BurTech Acquisition Corp. - Unit (BRKHU)
Company Research
Source: Yahoo! Finance
shareholder meeting of the Company to approve the extension scheduled for December 9 th , 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, 2024, two (2) business days prior to the scheduled date of the Special Annual Meeting), based on the aggregate amou
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