BigBear.ai Holdings, Inc. (BBAI)
CIK 1836981 · all EDGAR filings →
Same rating bands the category standard uses, but free, with the formula on the chip and the gaps in the data said out loud.
Shares outstanding over time
Latest: 481.4M shares as of Oct 23, 2026 (10-Q).⊙
Cash runway
Funded — but tight
~22 months of cash · watch
Full breakdown: cash runway tool · source filing →
Warrants
| Tranche | Warrants | Exercise price | Term | Notes |
|---|---|---|---|---|
| IPO Public Warrants | 12.3M | $11.5 | — | — |
| A2024 PIPE Warrants | 4.5M | $4.75 | 5y | — |
| A2024 PIPE Warrants Entered Into February112025 | 4.5M | not tagged | — | — |
| A2025 RDO Warrants | 3.8M | $9 | 5y | — |
| Private Warrants | 73,333 | not tagged | — | — |
| A2024 RDO Warrants | not tagged | $3.78 | 5y | — |
| IPO Private Warrants | not tagged | $11.5 | — | — |
Tranches exactly as the company dimensioned them in its 10-Q filed Oct 28, 2026 →. Groupings can overlap (a “Series E and F” row is not additive with a “Series E” row), so do not sum this column. A tranche the filer did not tag is absent here, not absent from the cap table. DOWN-ROUND = the filer tagged price-protection accounting scoped to that tranche.
No warrant figures tagged in this filer’s XBRL facts. That means the company has not reported them in structured form; it does not prove no warrants exist. The exhibits are the ground truth.
Convertible notes
| Note | Principal | Carrying | Conv. price | Rate | If converted |
|---|---|---|---|---|---|
| 2026 Convertible Notes | $1,000 | $17.7M | $10.61 | 6% | ~94 sh |
| 2029 Convertible Notes | $1,000 | $0 | $3.55 | 6%-10% | ~282 sh |
| Convertible Debt Par Value | $1,000 | — | not tagged | — | — |
If every note above converted at its tagged price: ~376 new shares on 481.4M currently outstanding. An estimate from principal ÷ conversion price, with inputs carrying different as-of dates; make-whole adjustments, capped calls and partial repurchases are not modeled.
Notes exactly as the company dimensioned them in its 10-Q filed Oct 28, 2026 →. Principal is face amount as tagged, not what remains after repurchases unless the filer updated the tag. A note the filer did not dimension is absent here, not absent from the balance sheet; the exhibits stay the ground truth.
Fully diluted build-up
Shares outstanding plus every potential-share instrument the filer tagged in XBRL, each at its own as-of date. An estimate assembled from filed figures, not a filing figure itself.
| Shares outstanding | 481.4M | Oct 23, 2026 |
| + IPO Public Warrants (if exercised) | 12.3M | Sep 30, 2026 |
| + A2024 PIPE Warrants (if exercised) | 4.5M | Feb 10, 2025 |
| + A2024 PIPE Warrants Entered Into February112025 (if exercised) | 4.5M | Feb 11, 2025 |
| + A2025 RDO Warrants (if exercised) | 3.8M | Sep 30, 2026 |
| + Private Warrants (if exercised) | 73,333 | Sep 30, 2026 |
| + 2026 Convertible Notes (if fully converted) | 94 | May 29, 2022 |
| + 2029 Convertible Notes (if fully converted) | 282 | Dec 19, 2024 |
| Fully diluted estimate | 506.5M | +5.2% vs O/S |
Still excluded, because the filer does not tag them in countable form: employee options and RSUs, any instrument living only in exhibit prose, and instruments above missing a share count. Inputs carry different as-of dates, shown per row. Each figure traces to the tranche and note tables above and their cited filings.
Registrations and offerings
Registered offering capacity on live registrations: $377.3Mfrom the structured fee exhibits; registered is not remaining, takedowns are not subtracted
Last 12 months: 2 executed · 0 registered.
Full history and shelf status: offering checker · S-3 shelf checker
Source: SEC EDGAR XBRL company facts and filing metadata, fetched live and cached briefly. Share counts are cover-page figures with their form named. Warrant tranches and convertible notes come from the dimensioned facts in the latest 10-Q/10-K instance document, exactly as the company tagged them; untagged tranches and notes are absent, not disproven. Nothing on this page is manually verified and nothing is behind a login: what free data supports is shown, what it cannot support is stated. Not investment advice.
Keep going: float checker · offering calendar · short-squeeze screener · full BBAI workspace
Free to use. No account, no card.