Burtech Acquisition Corp II filed its Form 10-Q for the quarter ended September 30, 2026, with the SEC on November 12, 2026, reporting financial results and balance sheet details for the blank-check company following its initial public offering.

Key Highlights

  • Trust Account: Cash and marketable securities held in the Trust Account totaled $81,410,058 as of September 30, 2026, compared to zero at December 31, 2025, according to the filing.
  • Shares Subject to Redemption: 8,000,000 Class A ordinary shares were subject to possible redemption at a redemption value of $10.18 per share as of September 30, 2026, the filing disclosed.
  • Net Income: The company reported net income of $565,824 for the three months ended September 30, 2026, and net income of $718,832 for the nine months ended September 30, 2026.
  • Interest Earned: Interest earned on marketable securities held in the Trust Account was $736,700 for the three months ended September 30, 2026, and $1,010,058 for the nine months ended September 30, 2026.
  • Sponsor Share Surrenders: The Sponsor surrendered 7,392,858 Class B ordinary shares on April 17, 2026, and a further 985,714 Class B ordinary shares on May 21, 2026, each for no consideration, the filing stated.
  • Over-Allotment Expired: The full over-allotment option expired unexercised on June 5, 2026, resulting in the forfeiture of 514,286 Class B ordinary shares and leaving 3,428,571 Class B ordinary shares outstanding.
  • Shares Outstanding: As of November 12, 2026, there were 8,332,000 Class A ordinary shares and 3,428,571 Class B ordinary shares issued and outstanding, the filing reported.

Burtech Acquisition Corp II Financial Position After IPO Completion

Burtech Acquisition Corp II (NASDAQ:BRKH), a Cayman Islands blank-check company based in Coral Gables, Florida, reported a significant shift in its balance sheet between December 31, 2025, and September 30, 2026, reflecting the completion of its initial public offering. Total assets grew from $65,590 at year-end 2025 to $82,194,302 as of September 30, 2026, according to the filing. The company's cash position stood at $646,680 and prepaid expenses at $137,564 as of the quarter-end date.

For the three months ended September 30, 2026, the company reported general and administrative costs of $170,876, offset by $736,700 in interest earned on marketable securities held in the Trust Account, resulting in net income of $565,824. For the nine months ended September 30, 2026, general and administrative costs totaled $354,226, while total other income of $1,073,058 included both Trust Account interest and a $63,000 change in fair value of over-allotment option liability, the filing disclosed. Basic and diluted net income per share for both Class A and Class B ordinary shares was $0.10 for the nine-month period.

The filing detailed several capital structure changes during the period. In addition to the two Sponsor share surrenders for no consideration, the company sold 252,000 Private Placement Units, raising $2,520,000, and recorded a fair value of Public Warrants at issuance of $2,246,400. The company also recorded accretion for Class A ordinary shares to their redemption amount of $5,043,877. Total shareholders' equity improved from a deficit of $(30,180) at December 31, 2025, to a positive $349,088 at September 30, 2026. Accounts payable and accrued expenses stood at $184,463 and a related-party promissory note balance was $158,202 as of September 30, 2026.

What Was Disclosed

Burtech Acquisition Corp II disclosed its unaudited condensed financial statements for the quarter and nine months ended September 30, 2026, including trust account balances, share redemption values, Sponsor share surrenders and forfeitures, and income driven primarily by trust interest earnings.