Päivä DA-julkaisu GigCapital4, kohteena BigBear.ai
https://finance.yahoo.com/news/bigbear-ai-become-publicly-traded-144500892.html
- Transaction values BigBear.ai at a pro forma enterprise value of approximately $1.57 billion, implying 5.6x EV / FY2022E revenue multiple*
- Projected 2021 revenue of $182 million and 43% 2021E – 2025E revenue CAGR, with positive and growing Adj. EBITDA and cash flow*
- Robust backlog of approximately $500 million contracted and near-term opportunities providing substantial growth visibility*
The team has direct experience working in high pressure, critically important situations, with 92% of the Company’s workforce possessing secret-level or higher U.S. government security clearance levels, which has cemented the Company’s position as a critical partner among the most vital defense and intelligence organizations.
Ei PIPE rahoitusta, vaan vakuudeton laina 6% korolla, vaihdettavissa osakkeisiin 11,50$ arvosta.
The cash component of the purchase price to be paid to the equity holders of BigBear.ai is expected to be funded by GigCapital4’s cash in trust (minus any redemptions by public stockholders), and a $200 million convertible senior unsecured note private placement with institutional investors including Fortress, Marathon, and Highbridge. The 5-year unsecured convertible notes, which shall bear interest at a rate of 6% per annum, are convertible into common shares of the combined company at a conversion price of $11.50.
Valuaatio näyttää nopeasti edulliselta näillä luvuilla, kiinnostava kohdeyritys ja toimiala.
Otin positiot kiinni heti kun trading halt aukesi. NAVin alta pääsi kiinni osakkeisiin ja hiukan yli taalan warrantit tuottanee huomattavasti paremmin, jos tämä markkinaa kiinnostaa.