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BigBear.ai (GigCapital4) Priced, Nasdaq: BBAI

Fourth blank check company led by semiconductor veteran Avi Katz (completed 12/7/2021).

Industry: SPAC

Latest Trade: $1.49 0.00 (0.0%)

First Day Return: +3.5%

Return from IPO: -85.1%

Industry: SPAC

We are a newly organized Private-to-Public Equity (PPE) company, also known as a blank check company or special purpose acquisition company. Our efforts to identify a prospective target business will not be limited to a particular industry or geographic region, although we intend to focus on companies in the TMT and sustainable industries. We will seek to capitalize on the significant experience and contacts of our management team to complete our initial business combination, more so our being the fourth SPAC affiliated with GigCapital Global. Although we may pursue our initial business combination in any business, industry or geographic location, we currently intend to focus on opportunities to capitalize on the ability of our management team, particularly our executive officers, to identify, acquire and operate a business with enterprise values larger than $750 million in the TMT and sustainable industries. Our management team has significant hands-on experience helping TMT and sustainable companies optimize their existing and new growth initiatives by exploiting insights from rich data assets that already exist within most TMT and sustainable companies. Further, we intend to share best practices and key learnings, gathered from our management team’s operating and investing experience, as well as strong relationships in the TMT and sustainable industries, to help shape corporate strategies.
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IPO Data
IPO File Date 01/22/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 31.2
Deal Size ($mm) $312
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 02/08/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 31.2
Deal Size ($mm) $312
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Oppenheimer & Co.
Nomura Securities
Company Data
Headquarters Palo Alto, CA, United States
Founded 2020
Employees 2
Website www.gigcapital4.com

BigBear.ai (GigCapital4) (BBAI) Performance