secwatch.observer — SEC 8-K summary
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Issuer:     Bridger Aerospace Group Holdings, Inc. (BAER)
CIK:        0001941536
Form:       8-K
Filed at:   2023-01-27T23:59:59+00:00
Accession:  0001193125-23-016927
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.90
Item codes: 1.01, 2.01, 9.01, 3.02, 4.01, 3.03, 5.01, 5.02, 5.03, 5.06
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1941536/000119312523016927/0001193125-23-016927-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1941536/000119312523016927/d449500d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-016927

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