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Blaize Holdings ( (BZAI) ) has provided an update.
Blaize Holdings Inc. announced the completion of its business combination with BurTech Acquisition Corp., which took effect on January 13, 2025. This merger, initiated in December 2023 and modified several times in 2024, resulted in Blaize becoming a wholly-owned subsidiary of BurTech, and later changing its name to Blaize Holdings, Inc. The merger increased Blaize’s valuation from $700 million to $767 million, restructured its board, and resulted in the issuance of new shares. Following the merger, Blaize Holdings’ common stock and warrants began trading on Nasdaq under the symbols ‘BZAI’ and ‘BZAIW’.
More about Blaize Holdings
YTD Price Performance: -56.67%
Average Trading Volume: 99,994
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $644M
See more insights into BZAI stock on TipRanks’ Stock Analysis page.
