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Reevemark is handling PR and IR for BigBear.ai, the data analytics company that is going public via a $1.6B SPAC deal with GigCapital4.
The Columbia, MD company is a provider of artificial intelligence, machine-based learning, cloud-based analytics and cyber engineering solutions.
BigBear.ai, which generated $140M in 2020 revenues, boasts that it is “a new leader in decision dominance” with a client roster that includes the Dept. of Defense and US intelligence agencies, as well as commercial customers across verticals such as energy, infrastructure, maritime shipping and logistical.
Its stock will trade on the NASDAQ.
Reevemark has Paul Caminiti, Delia Cannan, Pamela Greene, Luc Herbowy, Michael Anderson and Davey Roberts working the BigBear.ai SPAC.
ICR Inc.'s Brian Ruby represents GigCapital4.
Stagwell CEO Mark Penn reports Q3 net revenues jumped 6 percent to $614.5M, a record performance for a non-political period. Operating income soared 45.7 percent to $60.9M.
Joele Frank works for Klöckner Pentaplast as the German maker of plastic films declares Chapter 11. A successful reorganization would slash its its corporate debt by $1.5B.
Teneo represents Metsera, the New York City biotech focused on weight-control products, which is subject to a bidding war between heavyweights Novo Nordisk and Pfizer.
Haggie Partners is working the $7B takeover of the specialty insurer Convex by Canada’s Onex private equity fund and American International Group.
WPP reported Q3 revenues less pass-through costs tumbled 5.9 percent to $3.3B, a performance new CEO Cindy Rose called “unacceptable.”
