secwatch.observer — SEC 8-K summary
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Issuer:     BigBear.ai Holdings, Inc. (BBAI)
CIK:        0001836981
Form:       8-K
Filed at:   2022-12-23T23:59:59+00:00
Accession:  0001628280-22-032557
Event type: regulatory
Sentiment:  negative
Materiality: 0.70
Item codes: 3.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1836981/000162828022032557/0001628280-22-032557-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1836981/000162828022032557/bbai-20221220.htm
  HTML page:      https://secwatch.observer/filing/0001628280-22-032557

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