BurTech renegotiates deferred underwriting commission from $10.06M to $1.5M at Blaize merger closing

Blaize Holdings, Inc.

EF Hutton accepts $1.5M cash at closing in full satisfaction of $10,062,500 deferred underwriting commission.
Amendment to underwriting agreement dated December 10, 2021, executed April 26, 2024.
Payment is contingent on closing of the business combination with Blaize, Inc.
Reduction frees approximately $8.56M in cash for the combined company at closing.

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