BigBear.ai Holdings Ownership Update Filed
Ticker: BBAI-WT · Form: SC 13D/A · Filed: Dec 16, 2024 · CIK: 1836981
Sentiment: neutral
Topics: ownership-change, sec-filing, amendment
Related Tickers: BBAI
TL;DR
BigBear.ai ownership structure updated by BBAI Ultimate Holdings and associates.
AI Summary
BBAI Ultimate Holdings, LLC, along with group members Aeroequity GP, LLC, David H. Rowe, Michael R. Greene, and Pangiam Ultimate Holdings, LLC, filed an amendment (No. 15) to their Schedule 13D on December 16, 2024, concerning BigBear.ai Holdings, Inc. The filing indicates a change in the reporting of beneficial ownership, with BBAI Ultimate Holdings, LLC now listed as the primary filer.
Why It Matters
This filing updates the beneficial ownership structure for BigBear.ai Holdings, Inc., which could signal shifts in control or strategic interests among major shareholders.
Risk Assessment
Risk Level: medium — Changes in beneficial ownership filings can indicate potential shifts in control or strategic intentions, which may impact stock price and company direction.
Key Players & Entities
- BBAI Ultimate Holdings, LLC (company) — Reporting Person
- BigBear.ai Holdings, Inc. (company) — Issuer
- AEROEQUITY GP, LLC (company) — Group Member
- DAVID H. ROWE (person) — Group Member
- MICHAEL R. GREENE (person) — Group Member
- PANGIAM ULTIMATE HOLDINGS, LLC (company) — Group Member
FAQ
What is the primary purpose of this SC 13D/A filing?
This filing is an amendment (No. 15) to the Schedule 13D, updating information regarding the beneficial ownership of BigBear.ai Holdings, Inc.
Who are the main entities involved in this filing?
The main entities are BigBear.ai Holdings, Inc. (the issuer) and BBAI Ultimate Holdings, LLC, along with its group members: AEROEQUITY GP, LLC, David H. Rowe, Michael R. Greene, and Pangiam Ultimate Holdings, LLC.
When was this amendment filed?
This amendment was filed on December 16, 2024.
What is the CUSIP number for BigBear.ai Holdings, Inc. common stock?
The CUSIP number for BigBear.ai Holdings, Inc. common stock is 08975B109.
What was the former company name of BigBear.ai Holdings, Inc.?
The former company name of BigBear.ai Holdings, Inc. was GigCapital4, Inc., with a name change date of December 17, 2020.
Filing Stats: 1,943 words · 8 min read · ~6 pages · Grade level 10.9 · Accepted 2024-12-16 21:09:02
Key Financial Figures
- $0.0001 — me of Issuer) Common Stock, par value $0.0001 per share (Title of Class of Securiti
- $2.52 — ple transactions at prices ranging from $2.52 to $2.94, inclusive. 3 These shares w
- $2 — actions at prices ranging from $2.52 to $2.94, inclusive. 3 These shares were so
- $2.43 — ple transactions at prices ranging from $2.43 to $2.70, inclusive.
Filing Documents
- d853713dsc13da.htm (SC 13D/A) — 90KB
- 0001193125-24-279929.txt ( ) — 91KB
SIGNATURES
SIGNATURES After reasonable inquiry and to the best of each of the undersigneds knowledge and belief, each of the undersigned certify that the information set forth in this statement is true, complete and correct. Date: December 16, 2024 BBAI ULTIMATE HOLDINGS, LLC By: /s/ Jeffrey Hart Name: Jeffrey Hart Title: Vice President and Secretary AEROEQUITY GP, LLC By: /s/ Michael R. Greene Name: Michael R. Greene Title: Managing Member By: /s/ Michael R. Greene Name: Michael R. Greene By: /s/ David H. Rowe Name: David H. Rowe PANGIAM ULTIMATE HOLDINGS, LLC By: /s/ Bryan McElwee Name: Bryan McElwee Title: Vice President SCHEDULE A Transactions in the Shares Since the Filing of Amendment No. 14 Shares of Common Stock Purchased/Sold Price per Share ($)1 Date of Purchase/Sale 3,763,502 2.69 2 12/12/2024 2,851,290 2.52 3 12/13/2024 1 The prices reported in this column for sales of shares are weighted average prices. The Reporting Person undertakes to provide the Issuer and any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price such shares were sold. 2 These shares were sold in multiple transactions at prices ranging from $2.52 to $2.94, inclusive. 3 These shares were sold in multiple transactions at prices ranging from $2.43 to $2.70, inclusive.