BigBear.ai stock steadies premarket as investors brace for Feb. 18 vote on share increase

New York, Feb 10, 2026, 8:23 a.m. EST — Premarket.

• BigBear.ai shares barely budged in premarket hours, following a steep climb in the previous session.
• All eyes on the shareholder meeting slated for Feb. 18, where investors are weighing a proposal to double the number of authorized common shares.
• Traders have been watching the small-cap AI stock, thanks to a surge in recent volume.

BigBear.ai Holdings traded flat at $4.87 ahead of the bell Tuesday, following a roughly 3.2% gain the day before. (Source: 1 )

Next up isn’t an earnings call—it’s a shareholder vote, one with the potential to redefine the company’s stock issuance limits.

BigBear.ai, in proxy filings, has told shareholders it plans to reconvene a special meeting on Feb. 18, seeking approval for an amendment to double its authorized common shares—raising the cap to 1 billion from the current 500 million. That’s the maximum number the company could legally issue, and just floating the prospect of a higher limit tends to spark dilution concerns, regardless of whether any shares are actually sold. (Source: 2 )

According to the filing, shareholders have until 11:59 p.m. ET on Feb. 17 to cast their votes online. The board is urging a “for” vote on the proposal.

BigBear.ai shares ripped higher Monday on heavier-than-usual volume, with roughly 58 million shares traded during the session, Investing.com data showed. The stock has been volatile lately, notching big swings in recent days. (Source: 3 )

Traders have zeroed in on the company’s latest move into trade and border-tech, sparked by a Jan. 28 announcement detailing its partnership with AD Ports Group’s Maqta Technologies. Chief Executive Kevin McAleenan said in the release that BigBear.ai was “delighted to partner” as the two firms look into AI tools for customs and border operations. On the other side, AD Ports Group CEO Captain Mohamed Juma Al Shamisi described the partnership as “a significant step” toward AI-powered digital trade and customs solutions. (Source: 4 )

BigBear.ai announced it picked up select technologies from CargoSeer, an AI firm specializing in cargo scanning and trade risk tools. The deal value wasn’t disclosed. (Source: 5 )

Balance-sheet moves are in play as well. Back in January, the company announced plans to redeem some of its convertible notes — that’s debt with the option to swap into stock — describing the step as a meaningful way to reduce debt. (Source: 6 )

BigBear.ai moves in the wake of bigger data and defense software players. Palantir Technologies climbed early Tuesday; C3.ai barely budged.

The near-term setup is a double-edged sword. Should shareholders sign off on a higher authorized share count, some investors might read that as a signal the company plans to raise cash down the line—regardless of immediate action. On the other hand, if the proposal gets shot down again, the company might have to circle back to shareholders or start hunting for alternative financing, a route that’s slower and messier.

Traders have their eyes on the Feb. 17 vote deadline, followed by the Feb. 18 reconvened meeting, searching for any new signals about capital plans or dilution risk. (Source: 7 )