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BigBearai Holdings Ends Credit Facility and Sells Equity

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BigBearai Holdings Ends Credit Facility and Sells Equity

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BigBearai Holdings ( (BBAI) ) just unveiled an announcement.

BigBearai Holdings has terminated its existing senior secured revolving credit facility with Bank of America, which was originally established in December 2021. This termination occurred concurrently with the closing of the Exchange Transaction and had no outstanding borrowings prior to its closure, potentially impacting the company’s financial operations and relationships with lenders.

More about BigBearai Holdings

YTD Price Performance: 96.73%

Average Trading Volume: 23,211,427

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $1.05B

Find detailed analytics on BBAI stock on TipRanks’ Stock Analysis page.

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