Form 8-K BigBear.ai Holdings, For: Mar 04

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Go back to Form 8-K BigBear.ai Holdings, For: Mar 04

BigBear.ai (BBAI) Enters Warrant Exercise Agreement

March 5, 2024 6:16 AM EST

On March 4, 2024, BigBear.ai (NYSE: BBAI) entered into a warrant exercise agreement (the Warrant Exercise Agreement) with an existing accredited investor (the Investor) to exercise in full an outstanding Common Stock Purchase Warrant (the Exercise) to purchase up to an aggregate of 13,888,889 shares of the Companys common stock (the Existing Warrant). In consideration for the immediate and full exercise of the Existing Warrant for cash, the Investor received a new unregistered Common Stock Purchase Warrant to purchase up to an aggregate of... More