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Lucosky Brookman is a leader in the representation of small and micro-cap companies. The Firm has led it clients through numerous capital raise transaction and over a dozen uplisting and initial public offering transactions.  Access the latest news about Lucosky Brookman, our clients’ business transactions and industry updates here. 

Lucosky Brookman LLP Successfully Represents EF Hutton in $287.5 Million Initial Public Offering of BurTech Acquisition Corp. Common Stock

Lucosky Brookman congratulates its client, EF Hutton, division of Benchmark Investments, LLC, on its successful $287.5 million initial public offering of BurTech Acquisition Corp (Nasdaq: BRKHU). The offering  consists of 25,000,000 units at $10.00 per unit. Each unit consists of one share of Class A common stock and one redeemable warrant, with each warrant entitling the holder thereof to purchase one share of Class A common stock at a price of $11.50 per share. The underwriters exercised their over-allotment option in full for an additional 3,750,000 units on December 13, 2021, which closed at the time of the closing of the Offering. As a result, the aggregate gross proceeds of the Offering, including the over-allotment, are $287.5 million, prior to deducting underwriting discounts, commissions, and other Offering expenses..

The Company is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The Company has not selected a business combination target and has not, nor has anyone on its behalf, initiated any substantive discussions, directly or indirectly, with any business combination target. The Company intends to focus its search for a target business in the retail, lifestyle, hospitality, technology, or real estate markets. The Company is led by its Chief Executive Officer, Mr. Shahal Khan.

Lucosky Brookman represented EF Hutton in its capacity as sole book-running manager.