UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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| Item 8.01 | Other Events. |
On May 15, 2025, BigBear.ai Holdings, Inc. (the “Company”) delivered notice to holders of its 6.0% Convertible Senior Secured Notes Due 2029 (the “Notes”) that it has irrevocably elected to pay the upcoming interest payable on the Notes, which has a Regular Record Date of June 1, 2025, an Interest Payment Date of June 15, 2025, in shares of the Company’s common stock, par value $0.0001 per share, rather than in cash, as permitted pursuant to the terms and conditions of the Indenture, dated as of December 27, 2024, among the Company, as issuer, the guarantors party thereto and Wilmington Trust, National Association, as trustee and collateral agent (the “Indenture”). Defined terms used but not defined herein have the meaning set forth in the Indenture.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| May 15, 2025 | BigBear.ai Holdings, Inc. | |||||
| By: | /s/ Carolyn Blankenship | |||||
| Name: | Carolyn Blankenship | |||||
| Title: | General Counsel | |||||