Market Capitalization (Millions $) |
72 |
Shares
Outstanding (Millions) |
7 |
Employees |
- |
Revenues (TTM) (Millions $) |
- |
Net Income (TTM) (Millions $) |
3 |
Cash Flow (TTM) (Millions $) |
1 |
Capital Exp. (TTM) (Millions $) |
0 |
Burtech Acquisition Corp
Burtech Acquisition Corp is a special purpose acquisition company (SPAC) that was formed for the purpose of merging or acquiring one or more businesses or entities. It was founded with the aim of identifying a target company or companies within a specific industry or sector for a potential merger or acquisition.
As a SPAC, Burtech Acquisition Corp typically raises funds through an initial public offering (IPO) and then uses those funds to finance the acquisition or merger. The target company may be a startup, a private firm looking to go public, or an existing public company seeking additional capital or growth opportunities.
Upon completing the merger or acquisition, the target company becomes a publicly traded entity, allowing the original shareholders of the SPAC to profit from the deal. Burtech Acquisition Corp typically has a defined timeframe within which it must complete its acquisition, usually within two years from its IPO.
Overall, Burtech Acquisition Corp operates as a vehicle for investors to pool their funds and participate in potential high-growth opportunities, with the ultimate goal of generating returns through successful mergers or acquisitions.
Company Address: 1300 Pennsylvania Ave NW, Suite 700 Washington 20004 DC
Company Phone Number: 600-5757 Stock Exchange / Ticker: NASDAQ BRKH
BRKH is expected to report next financial results on April 19, 2024. |
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