Former 10% holder of Bridger Aerospace (NASDAQ: BAER) sold 2.7M shares in August
Rhea-AI Filing Summary
Bridger Aerospace Group Holdings, Inc. (BAER) has a notice of proposed resale of common stock under Rule 144 filed on behalf of Blackstone Tactical Opportunities Fund - FD L.P. The fund plans to sell 19,445 shares of BAER common stock through broker BTIG, LLC on NASDAQ, with an aggregate market value of $22,750.65 as reported in the notice. The securities were originally acquired from the issuer in connection with a business combination that closed on January 24, 2023. The notice also states that BAER had 58,826,140 shares of common stock outstanding. Related Blackstone-affiliated entities disclose multiple BAER share sales in the past three months, reflecting substantial prior liquidity activity. The seller and certain of its affiliates are described as former 10% owners of BAER.
Positive
- None.
Negative
- None.
Key Figures
Key Terms
Rule 144 regulatory
business combination financial
former 10% owners financial
FAQ
What ownership status do the Blackstone entities report regarding Bridger Aerospace (BAER)?
AI-generated analysis. How Rhea-AI works. Not financial advice.