BurTech Acquisition Corp. closes business combination with Blaize; combined company to trade on Nasdaq as BZAI

Blaize Holdings, Inc.

Business combination with Blaize, Inc. completed January 13, 2025; combined entity renamed Blaize Holdings, Inc.
Common stock and warrants to begin trading on Nasdaq on January 14 under symbols BZAI and BZAIW, respectively.
937,844 shares redeemed (~$10.86M) from trust; remaining trust balance of ~$36.68M post-redemption.
Non-redemption agreements guarantee $1.50 per share to certain investors who agreed not to redeem; ~$33.05M placed in escrow.
Blaize has raised over $330M from strategic investors including DENSO, Mercedes-Benz, Magna, and Samsung.

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