BigBear.ai, a leading provider of artificial intelligence (“AI”), machine learning, cloud-based big data analytics, and cyber engineering solutions, announced that Reggie Brothers, Chief Executive Officer, Josh Kinley, Chief Financial Officer, and Brian Frutchey, Chief Technology Officer, will participate in the BMO 2021 Technology Summit.
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BigBear.ai and GigCapital4, Inc. (“GigCapital4”; Nasdaq: GIGGU, GIG, GIGGW), a private-to-public equity (PPE)TM entity also known as special purpose acquisition company (“SPAC”), previously announced that they have entered into a definitive merger agreement that will result in BigBear.ai becoming a publicly traded company. The transaction is now expected to be completed in the fourth quarter of 2021, at which time the combined company will be named BigBear.ai, Inc. The transaction values the post-combination company, which had $140 million in revenues in 2020, at an enterprise value of approximately $1.57 billion.
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