BurTech Acquisition Corp II·4

Jun 9, 7:08 PM ET

BurTech Sponsor II LLC 4

4 · BurTech Acquisition Corp II · Filed Jun 9, 2026

Research Summary

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Updated

BurTech (BRKH) Sponsor BurTech Sponsor II LLC Buys 220,000 Private Units

What Happened

  • BurTech Sponsor II LLC (the issuer's sponsor and a 10% owner) made purchases tied to BurTech Acquisition Corp II. The sponsor bought 220,000 private units on May 21, 2026 at $10.00 per unit for a total of $2,200,000. The filing also reports related derivative holdings of 220,000 warrants and 3,053,571 Class B ordinary shares reported on May 26, 2026. These are purchases/holdings (not sales), which are generally viewed as sponsor/founder placements rather than open-market bullish trades by an executive.

Key Details

  • Transaction dates: May 21, 2026 (220,000 private units) and May 26, 2026 (derivative reporting of 220,000 warrants and 3,053,571 Class B shares).
  • Price/value: Private units purchased at $10.00 each = $2,200,000 aggregate. Warrants and Class B shares reported with no per-share purchase price in the Form 4 (reported as derivative interests).
  • Shares owned after transaction: 3,053,571 Class B ordinary shares; plus 220,000 Class A ordinary shares (as part of the private units) and 220,000 redeemable warrants.
  • Notable footnotes:
    • The 220,000 private units each include one Class A share and one warrant (F1).
    • Warrants become exercisable 30 days after the issuer's initial business combination and expire five years after that date; exercise price is $11.50 per whole warrant (F2).
    • The 3,053,571 Class B shares reflect surrender of 514,286 Class B shares because the underwriter did not exercise its over-allotment; Class B shares convert one-for-one into Class A shares at the business combination (F3).
  • Filing timeliness: Form 4 filed June 9, 2026 for transactions through May 26, 2026 — the filing appears late relative to the typical two-business-day reporting requirement.

Context

  • This filing reflects sponsor/founder-type holdings and a private placement rather than routine insider open-market trading. Class B founder shares typically convert into Class A ordinary shares upon the business combination; the warrants are derivative securities tied to the SPAC transaction mechanics. As a 10% owner and sponsor entity (not an individual officer), these transactions represent institutional/sponsor positioning rather than executive buys or sales.

Insider Transaction Report

Form 4
Period: 2026-05-26
Transactions
  • Purchase

    Class A Ordinary Shares

    [F1]
    2026-05-21+220,000220,000 total
  • Purchase

    Warrants to purchase Class A Ordinary Shares

    [F1][F2]
    2026-05-26+220,000220,000 total
    Exercise: $11.50Class A Ordinary Shares (220,000 underlying)
  • Purchase

    Class B Ordinary Shares

    [F3]
    2026-05-26+3,053,5713,053,571 total
    Exercise: $0.00Class A Ordinary Shares (3,053,571 underlying)
Footnotes (3)
  • [F1]Reflects the 220,000 private units owned by Burtech Sponsor II LLC, the Issuer's sponsor ("Sponsor"). Each private unit consists of one Class A ordinary share, $0.0001 par value per share, and one redeemable warrant, with each whole warrant entitling the holder thereof to purchase one Class A ordinary share for $11.50 per share, subject to adjustment. The private units were purchased pursuant to a Private Placement Units Purchase Agreement, dated May 21, 2026, by and between the Reporting Person and the Issuer, at $10.00 per unit for an aggregate purchase price of $2,200,000.
  • [F2]The warrants included in the private units will become exercisable 30 days after the completion of the Issuer's initial business combination and will expire five years after the completion of the initial business combination or earlier upon redemption or liquidation.
  • [F3]Reflects 3,053,571 Class B ordinary shares, $0.0001 par value per share, held directly by the Sponsor, after the surrender 514,286 Class B ordinary shares because the underwriter did not exercise its over-allotment option, which shares shall convert into Class A ordinary shares automatically at the time of the business combination, on a one-for-one basis.
Signature
Burtech Sponsor II LLC By: /s/ Shahal M. Khan Name: Shahal M. Khan Title: Managing Member|2026-06-09

Documents

1 file
  • 4
    ownership.xmlPrimary