New York, Jan 23, 2026, 12:53 EST — Regular session
- BigBear.ai announced the shareholder vote to double its authorized common stock has been delayed to Feb. 18, with voting open through Feb. 17.
- This week, the company revealed it acquired specific CargoSeer technologies focused on cargo inspection and trade-risk management.
BigBear.ai Holdings shares barely moved Friday after the company delayed a shareholder vote yet again. The vote concerns a proposal to double its authorized common stock to 1 billion shares. Electronic voting remains open through Feb. 17, ahead of the reconvened meeting set for Feb. 18, according to an SEC filing. The stock last dipped about 0.1% to $5.93, having fluctuated between $5.76 and $6.03 during the session, with around 39 million shares changing hands. (BigBear.ai Holdings, Inc.)
The vote is crucial since “authorized shares” define the legal limit on how many shares a company can issue. Increasing that limit doesn’t dilute investors on its own, but it opens the door for fresh fundraising, stock-based compensation, or shares used in acquisitions.
It’s concrete for BigBear.ai at the moment. The McLean, Virginia-based firm revealed late Wednesday it picked up specific technologies from CargoSeer, Ltd., a company specializing in cargo scanning and trade risk management software. The purchase price wasn’t disclosed. (BigBear.ai Holdings, Inc.)
CargoSeer’s platform focuses on “non-intrusive inspection,” using imaging systems to scan cargo without opening containers. It combines automated image analysis, computer vision, and machine learning with trade and cargo data, the companies said. BigBear.ai CEO Kevin McAleenan noted the acquisition will help “support customs agencies.” Meanwhile, CargoSeer co-founder and CEO David Smason expects the technology to “scale rapidly.” (Business Wire)
Broader U.S. stocks were creeping up during the session, with the SPDR S&P 500 ETF ticking up roughly 0.1% and the Invesco QQQ Trust gaining around 0.4%.
AI-linked stocks showed a split performance. Palantir Technologies climbed roughly 2.8%, but C3.ai edged down by about 0.9%.
For small, volatile stocks, these share-vote developments can still pack a punch, even if the price barely shifts. Investors see them as clues about how much equity the board plans to hold back—and their reasons for doing so.
The deal has its downsides. Buying CargoSeer brings integration risks and, so far, limited concrete data. The longer the vote on share authorization drags out, the more concerns about dilution could mount. On another front, Pomerantz Law Firm announced Thursday it’s investigating claims on behalf of BigBear.ai investors. (PR Newswire)
Traders are focused on one key date: Feb. 18. That’s when the company’s Proposal 1 vote happens. They’ll also be looking for any follow-up disclosures to clarify exactly what the CargoSeer assets bring to the table — and their price tag.
