BigBear.ai (BBAI) stock lifts in premarket after CargoSeer tech buy, with share vote next
BigBear.ai shares rose 1.7% to $5.81 in premarket trading after announcing the acquisition of CargoSeer’s cargo inspection technology. The company is seeking shareholder approval to double its authorized common shares to 1 billion at a special meeting on Jan. 22. $125 million in convertible notes were recently converted to equity, reducing debt to about $17 million.