BigBear.ai Holdings Inc.
BigBear.ai Holdings, Inc. Files Unaudited Pro Forma Condensed Combined Financial Information Post-Merger with Pangiam Ultimate Holdings, LLC
Summary
BigBear.ai Holdings, Inc. has filed an 8-K report to update the unaudited pro forma condensed combined financial information for the periods ended December 31, 2023, and September 30, 2024, following the merger with Pangiam Ultimate Holdings, LLC. The report includes pro forma financial statements reflecting the merger as if it occurred on January 1, 2023. The pro forma adjustments have been made in accordance with ASC 805, with BigBear.ai as the accounting acquirer. The financial statements are provided for illustrative purposes and do not purport to represent the actual or future results of the combined company.
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About BigBear.ai Holdings Inc.
BigBear.ai Holdings Inc. is a technology company that specializes in artificial intelligence (AI) driven analytics and insights. The primary function of BigBear.ai is to develop and deploy intelligent solutions tailored to assist organizations in decision-making processes. These solutions leverage machine learning, data science, and predictive analytics to offer actionable intelligence in various scenarios. Notably, BigBear.ai's offerings impact sectors such as defense, healthcare, logistics, and energy, where precise, data-driven decisions are crucial. The company focuses on providing robust platforms that facilitate data integration, processing, and interpretation to derive meaningful patterns and trends. Headquartered in Columbia, Maryland, BigBear.ai Holdings Inc. plays an integral role in the market by offering tools that help businesses optimize operations and strategize effectively in increasingly complex environments.
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