BigBear.ai Holdings, Inc. has filed a prospectus related to the resale of up to 14,800,000 shares of common stock by a selling stockholder, identified as Armistice Capital, LLC. These shares are issuable upon the exercise of warrants acquired by the selling stockholder under warrant exercise agreements. The company entered into two such agreements, one in February and another in March 2024, which resulted in the issuance of warrants to purchase 5,800,000 and 9,000,000 warrant shares, respectively. BigBear.ai will not receive proceeds from the stock sales by the selling stockholder, except for cash received from the exercise of the warrants. The proceeds from the exercise of the warrants are intended for general corporate purposes. The selling stockholder is responsible for any commissions and...Show More

BigBear.ai Holdings, Inc. has filed a prospectus related to the resale of up to 14,800,000 shares of common stock by a selling stockholder, identified as Armistice Capital, LLC. These shares are issuable upon the exercise of warrants acquired by the selling stockholder under warrant exercise agreements. The company entered into two such agreements, one in February and another in March 2024, which resulted in the issuance of warrants to purchase 5,800,000 and 9,000,000 warrant shares, respectively. BigBear.ai will not receive proceeds from the stock sales by the selling stockholder, except for cash received from the exercise of the warrants. The proceeds from the exercise of the warrants are intended for general corporate purposes. The selling stockholder is responsible for any commissions and discounts from sales of the warrant shares. The common stock is listed on the New York Stock Exchange under the symbol 'BBAI', and as of May 2, 2024, the closing sale price was $1.73. BigBear.ai is an emerging growth company and is subject to reduced public company reporting requirements. The date of the prospectus is May 3, 2024.