---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-016927"
form_type: "8-K"
ticker: "BAER"
cik: "0001941536"
company_name: "Bridger Aerospace Group Holdings, Inc."
filed_at: "2023-01-27T23:59:59+00:00"
generated_at: "2026-06-20T07:26:43.095400+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Bridger Aerospace completes business combination with Jack Creek Investment Corp, begins trading on Nasdaq

## Summary
- On January 24, 2023, Bridger Aerospace completed its merger with Jack Creek Investment Corp, resulting in 43,769,290 common shares outstanding.
- Holders of 34,245,643 JCIC Class A ordinary shares redeemed for approximately $347.8 million at ~$10.16 per share.
- Bridger issued 39,081,744 common shares and 315,789 Series A preferred shares to Legacy Bridger and Blocker equityholders.
- Company assumed 26,650,000 warrants exercisable at $11.50 per share, trading as BAERW on Nasdaq.
- Board expanded to nine directors; BTO Stockholders have nomination rights for up to two directors.

## SEC filing metadata
- accession: 0001193125-23-016927
- form_type: 8-K
- ticker: BAER
- cik: 0001941536
- company_name: Bridger Aerospace Group Holdings, Inc.
- filed_at: 2023-01-27T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 2.01, 9.01, 3.02, 4.01, 3.03, 5.01, 5.02, 5.03, 5.06
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1941536/000119312523016927/0001193125-23-016927-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1941536/000119312523016927/d449500d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-016927
- JSON: https://secwatch.observer/filing/0001193125-23-016927.json
- Plain text: https://secwatch.observer/filing/0001193125-23-016927.txt

## Key facts
- Executive change
  Matthew Sheehy was appointed as Director at Bridger Aerospace Group Holdings, Inc..
  - Action: appointed
  - Role: Director
  source text: Additionally, effective upon the Closing, Debra Coleman, Dean Heller, Todd Hirsch, Wyman Howard, McAndrew Rudisill, Matthew Sheehy, and Timothy Sheehy were appointed to the Board
  evidence_url: https://www.sec.gov/Archives/edgar/data/1941536/000119312523016927/0001193125-23-016927-index.htm
- Executive change
  Debra Coleman was appointed as Director at Bridger Aerospace Group Holdings, Inc..
  - Action: appointed
  - Role: Director
  source text: Additionally, effective upon the Closing, Debra Coleman, Dean Heller, Todd Hirsch, Wyman Howard, McAndrew Rudisill, Matthew Sheehy, and Timothy Sheehy were appointed to the Board
  evidence_url: https://www.sec.gov/Archives/edgar/data/1941536/000119312523016927/0001193125-23-016927-index.htm
- Executive change
  Wyman Howard was appointed as Director at Bridger Aerospace Group Holdings, Inc..
  - Action: appointed
  - Role: Director
  source text: Additionally, effective upon the Closing, Debra Coleman, Dean Heller, Todd Hirsch, Wyman Howard, McAndrew Rudisill, Matthew Sheehy, and Timothy Sheehy were appointed to the Board
  evidence_url: https://www.sec.gov/Archives/edgar/data/1941536/000119312523016927/0001193125-23-016927-index.htm
- Executive change
  Dean Heller was appointed as Director at Bridger Aerospace Group Holdings, Inc..
  - Action: appointed
  - Role: Director
  source text: Additionally, effective upon the Closing, Debra Coleman, Dean Heller, Todd Hirsch, Wyman Howard, McAndrew Rudisill, Matthew Sheehy, and Timothy Sheehy were appointed to the Board
  evidence_url: https://www.sec.gov/Archives/edgar/data/1941536/000119312523016927/0001193125-23-016927-index.htm
- Executive change
  McAndrew Rudisill was appointed as Director at Bridger Aerospace Group Holdings, Inc..
  - Action: appointed
  - Role: Director
  source text: Additionally, effective upon the Closing, Debra Coleman, Dean Heller, Todd Hirsch, Wyman Howard, McAndrew Rudisill, Matthew Sheehy, and Timothy Sheehy were appointed to the Board
  evidence_url: https://www.sec.gov/Archives/edgar/data/1941536/000119312523016927/0001193125-23-016927-index.htm
- Executive change
  Todd Hirsch was appointed as Director at Bridger Aerospace Group Holdings, Inc..
  - Action: appointed
  - Role: Director
  source text: Additionally, effective upon the Closing, Debra Coleman, Dean Heller, Todd Hirsch, Wyman Howard, McAndrew Rudisill, Matthew Sheehy, and Timothy Sheehy were appointed to the Board
  evidence_url: https://www.sec.gov/Archives/edgar/data/1941536/000119312523016927/0001193125-23-016927-index.htm
- Executive change
  Timothy Sheehy was appointed as Director at Bridger Aerospace Group Holdings, Inc..
  - Action: appointed
  - Role: Director
  source text: Additionally, effective upon the Closing, Debra Coleman, Dean Heller, Todd Hirsch, Wyman Howard, McAndrew Rudisill, Matthew Sheehy, and Timothy Sheehy were appointed to the Board
  evidence_url: https://www.sec.gov/Archives/edgar/data/1941536/000119312523016927/0001193125-23-016927-index.htm
- M&A Transactions
  Bridger Aerospace Group Holdings, Inc. underwent a change of control involving Jack Creek Investment Corp. for approximately $347,800,000 (closed 2023-01-24).
  - Action: change of control
  - Counterparty: Jack Creek Investment Corp.
  - Consideration: approximately $347,800,000
  - Closing: 2023-01-24
  source text: their right to have their shares redeemed for cash (the “ JCIC Shareholder Redemption ”) at a redemption price of approximately $10.16 per share, totaling approximately $347,800,000. Pursuant to the terms of the Merger Agreement, on the Closing Date: (a) Wildfire Merger Sub I merged with and into Blocker (the “ First Merger ”), with Blocker as the surviving
  evidence_url: https://www.sec.gov/Archives/edgar/data/1941536/000119312523016927/0001193125-23-016927-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
