---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-22-032557"
form_type: "8-K"
ticker: "BBAI"
cik: "0001836981"
company_name: "BigBear.ai Holdings, Inc."
filed_at: "2022-12-23T23:59:59+00:00"
generated_at: "2026-06-20T23:35:04.608552+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# BigBear.ai receives NYSE non-compliance notice for average closing price below $1.00

## Summary
- NYSE notified BigBear.ai on Dec 20, 2022 that its average closing price for 30 consecutive days was below $1.00.
- Company has six months from Dec 20, 2022 to regain compliance by meeting a $1.00 closing price and 30-day average.
- If not cured, common stock (BBAI) may face suspension and delisting; ticker now designated 'BBAI.BC'.
- BigBear.ai is considering options including a reverse stock split, subject to stockholder approval.
- Notice does not affect business operations or trigger defaults under material debt agreements.

## SEC filing metadata
- accession: 0001628280-22-032557
- form_type: 8-K
- ticker: BBAI
- cik: 0001836981
- company_name: BigBear.ai Holdings, Inc.
- filed_at: 2022-12-23T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 3.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1836981/000162828022032557/0001628280-22-032557-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1836981/000162828022032557/bbai-20221220.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-22-032557
- JSON: https://secwatch.observer/filing/0001628280-22-032557.json
- Plain text: https://secwatch.observer/filing/0001628280-22-032557.txt

## Key facts
- Listing & Compliance Notices
  BigBear.ai Holdings, Inc. received a nyse deficiency notice notice regarding minimum bid price (rules 802.01C).
  - Exchange: nyse
  - Notice: deficiency notice
  - Deficiency: minimum bid price
  - Rules: 802.01C
  source text: December 20, 2022, BigBear.ai Holdings, Inc. (the “ Company ”) received written notice (the “ Notice ”) from the New York Stock Exchange (the “ NYSE ”) that the average closing price of the Company’s common stock (“ Common Stock ”), over a prior 30 consecutive trading day period was below $1.00 per share, which is the minimum average closing price per share required to maintain listing on the NYSE under Section 802.01C of the NYSE Listed Company Manual. As required by the NYSE, the Company responded to the Notice and expressed its intent to cure the deficiency. The Company has a period of six
  evidence_url: https://www.sec.gov/Archives/edgar/data/1836981/000162828022032557/0001628280-22-032557-index.htm

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