---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-021308"
form_type: "8-K"
ticker: "BBAI"
cik: "0001836981"
company_name: "BigBear.ai Holdings, Inc."
filed_at: "2025-02-06T23:59:59+00:00"
generated_at: "2026-05-27T01:49:10.583380+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# BigBear.ai raises ~$21.9M via full warrant exercise; issues new warrant for 3.77M shares at $9.00

## Summary
- Existing warrant for 5,800,000 shares exercised at $3.78/share, gross proceeds ~$21.9M.
- New unregistered warrant issued for up to 3,770,000 shares at $9.00/share, exercisable after August 6, 2025.
- New warrant expires five years from issuance; includes 9.99% beneficial ownership limit for investor.
- Company to file resale registration statement for new warrant shares by 2 business days after 10-K filing.
- Investor is Armistice Capital Master Fund Ltd., an existing accredited holder.

## SEC filing metadata
- accession: 0001193125-25-021308
- form_type: 8-K
- ticker: BBAI
- cik: 0001836981
- company_name: BigBear.ai Holdings, Inc.
- filed_at: 2025-02-06T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1836981/000119312525021308/0001193125-25-021308-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1836981/000119312525021308/d927965d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-021308
- JSON: https://secwatch.observer/filing/0001193125-25-021308.json
- Plain text: https://secwatch.observer/filing/0001193125-25-021308.txt

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