---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-133431"
form_type: "8-K"
ticker: "BBAI"
cik: "0001836981"
company_name: "BigBear.ai Holdings, Inc."
filed_at: "2025-06-02T23:59:59+00:00"
generated_at: "2026-05-20T03:13:47.535272+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# BigBear.ai files new $150M ATM prospectus supplement; prior $150M exhausted

## Summary
- As of May 30, 2025, Company had sold ~$150M aggregate gross proceeds under prior ATM program with Cantor Fitzgerald.
- On June 2, 2025, filed new prospectus supplement for up to $150M additional sales under same Sales Agreement.
- New ATM allows continuous stock issuance, increasing potential shareholder dilution.
- Legal opinion of Latham & Watkins LLP filed as Exhibit 5.1.

## SEC filing metadata
- accession: 0001193125-25-133431
- form_type: 8-K
- ticker: BBAI
- cik: 0001836981
- company_name: BigBear.ai Holdings, Inc.
- filed_at: 2025-06-02T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1836981/000119312525133431/0001193125-25-133431-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1836981/000119312525133431/d54870d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-133431
- JSON: https://secwatch.observer/filing/0001193125-25-133431.json
- Plain text: https://secwatch.observer/filing/0001193125-25-133431.txt

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