BigBear.ai (BBAI) to Acquire Pangiam, Reports Q3

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Go back to BigBear.ai (BBAI) to Acquire Pangiam, Reports Q3

BigBear.ai Announces Definitive Merger Agreement to Acquire Pangiam as well as First Quarter of Positive Net Income, Positive Adjusted EBITDA & Positive Cash Flows from Operations in Third Quarter

November 7, 2023 4:41 PM EST

Announced a definitive merger agreement to acquire Pangiam in an all-stock transaction, combining facial recognition and advanced biometrics with BigBear.ais computer vision capabilities to spearhead the vision AI industry: Press ReleaseFirst quarter of positive net income, positive adjusted EBITDA, and positive cash flows from operations since public company debut in December 2021Reiterating FY Guidance of Revenue between $155 million and $170 million and... More