GigCapital4 (GIG) Arranges Another Backstop

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GigCapital4 (GIG) Arranges Another Backstop

GigCapital4 (NASDAQ:GIG) announced in an 8-K yesterday that it has agreed to a backstop with AE BBAI Aggregator, LP and reduced its pro forma enterprise valuation ahead of its combination with BigBear.ai. The AE Subscriber has committed to purchase an aggregate number of shares of GIG of up to $75 million. This means that AE
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