Prospectus Supplement No. 8
(to Prospectus dated April 19, 2023) |
Filed Pursuant to Rule 424(b)(3)
Registration No. 333-269456
|
Bridger Aerospace Group Holdings, Inc.
120,277,192 Shares of Common Stock
Up to 26,650,000 Shares of Common Stock Issuable
Upon
Exercise of the Warrants
Up to 9,400,000 Warrants
This prospectus supplement
updates and supplements the prospectus dated April 19, 2023 (the “Prospectus”), which forms a part of our Registration Statement
on Form S-1, as amended (Registration No. 333-269456). This prospectus supplement is being filed to update and supplement the information
in the Prospectus with the information contained in our Current Report on Form 8-K, filed with the U.S. Securities and Exchange Commission
on May 31, 2024 (the “Current Report”), which is attached to this prospectus supplement.
The Prospectus and this prospectus
supplement relate to the offer and sale from time to time by the selling securityholders named in the Prospectus, or their permitted transferees,
of (a) up to 120,277,192 shares of our common stock, $0.0001 par value (“Common Stock”), consisting of (i) up to 102,322,388
shares of Common Stock issued or issuable to the direct and indirect equityholders of Legacy Bridger (as defined in the Prospectus) in
connection with the Business Combination (as defined in the Prospectus) at an implied equity consideration value of $10.00 per share of
Common Stock, inclusive of up to 63,240,644 shares of Common Stock that may be issuable upon the conversion of shares of Series A Preferred
Stock (as defined in the Prospectus); (ii) up to 5,951,615 shares of Common Stock issuable to the holders of certain restricted stock
units that were issued by Legacy Bridger and assumed by us in connection with the closing (the “Closing”) of the Business
Combination, which were granted at no cost to the recipients thereof; (iii) up to 2,488,189 shares of Common Stock that were originally
issued in a private placement to JCIC Sponsor (as defined in the Prospectus) prior to the JCIC IPO (as defined in the Prospectus) (75,000
of which were subsequently transferred by the JCIC Sponsor to independent directors of JCIC), which were acquired at a purchase price
equivalent to approximately $0.003 per share; (iv) up to 115,000 shares of Common Stock originally issued at the Closing to JCIC Sponsor
in full consideration of the outstanding $1,150,000 loan balance under the Promissory Note (as defined in the Prospectus) for an equivalent
purchase price of $10.00 per share; and (v) up to 9,400,000 shares of Common Stock issuable upon the exercise, at an exercise price of
$11.50 per share, of the private placement warrants originally issued in connection with the JCIC IPO (the “Private Placement Warrants”)
and (b) up to 9,400,000 Private Placement Warrants originally acquired by JCIC Sponsor in connection with the JCIC IPO for $1.00 per Private
Placement Warrant.
The Prospectus and this prospectus
supplement also relate to the issuance by us of up to an aggregate of 26,650,000 shares of Common Stock that may be issued upon exercise
of the Warrants (as defined in the Prospectus), including 9,400,000 Private Placement Warrants and 17,250,000 Public Warrants (as defined
in the Prospectus).
This prospectus supplement
should be read in conjunction with the Prospectus. This prospectus supplement updates and supplements the information in the Prospectus.
If there is any inconsistency between the information in the Prospectus and this prospectus supplement, you should rely on the information
in this prospectus supplement.
Our Common Stock and Public
Warrants are listed on The Nasdaq Global Market under the symbols “BAER” and “BAERW,” respectively. On May 31,
2024, the closing price of our Common Stock was $4.22 and the closing price for our Public Warrants was $0.15.
See the section entitled
“Risk Factors” beginning on page 8 of the Prospectus and under similar headings in any further amendments or supplements to
the Prospectus to read about factors you should consider before buying our securities.
Neither the Securities and Exchange Commission
nor any state securities commission has approved or disapproved of these securities or determined if the Prospectus or this prospectus
supplement is truthful of complete. Any representation to the contrary is a criminal offense.
The date of this prospectus supplement is June
3, 2024.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May
30, 2024
Bridger Aerospace Group Holdings, Inc.
(Exact name of registrant as specified in its charter)
Delaware |
001-41603 |
88-3599336 |
(State or other jurisdiction
of incorporation) |
(Commission
File Number) |
(IRS Employer
Identification No.) |
90 Aviation Lane
Belgrade, Montana |
59714 |
(Address of principal executive offices) |
(Zip Code) |
Registrant’s telephone number, including area code: (406)
813-0079
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy
the filing obligations of the registrant under any of the following provisions:
☐ |
Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425) |
☐ |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
☐ |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
(17 CFR 240.14d-2(b)) |
☐ |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act
(17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
Title of each class |
|
Trading
Symbol(s) |
|
Name of each exchange
on which registered |
Common Stock, par value $0.0001 per share |
|
BAER |
|
The Nasdaq Stock Market LLC |
Warrants, each exercisable for one share of Common Stock
at an exercise price of $11.50 per share |
|
BAERW |
|
The Nasdaq Stock Market LLC |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule
405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2
of this chapter).
Emerging growth company ☒
If an emerging growth company, indicate by check mark if the registrant has elected not to use
the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a)
of the Exchange Act. ☐
Item 5.02 |
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
Bridger Aerospace Group Holdings, Inc. (the “Company”)
announced the following changes to its executive officers and the Board of Directors of the Company (the “Board”):
On May 31, 2024, McAndrew Rudisill, Chief Investment
Officer and a director of the Company, notified the Company of his decision to resign from his position as Chief Investment Officer and
from the Board, effective immediately. Mr. Rudisill has confirmed that his resignation is not due to any disagreement with the
Company on any matters relating to the Company’s operations, policies or practices. Mr. Rudisill may continue to support the Company
and the Board on an informal basis from time to time following his departure from the Company.
Also on May 31, 2024, Todd Hirsch, a director
of the Company, notified the Company of his decision to resign from the Board, effective immediately. Mr. Hirsch was a member of the Compensation
and Nominating and Corporate Governance Committees of the Board, and by resigning from the Board, Mr. Hirsch has also resigned as a member
of such Committees. Mr. Hirsch has confirmed that his resignation is not due to any disagreement with the Company on any matters
relating to the Company’s operations, policies or practices.
In connection with Mr. Hirsch’s resignation,
on May 31, 2024, certain affiliates of Blackstone Inc. (collectively, “Blackstone”) provided written notice to the Company
relinquishing Blackstone’s rights under Section 3(b)(i) of that certain Stockholders Agreement, dated as of January 24, 2023, by
and among the Company, Blackstone and certain other stockholders of the Company set forth on the signature pages thereto, to nominate
directors for election to the Board, effective immediately.
Item 5.07 |
Submission of Matters to a Vote of Security Holders. |
On May 30, 2024, the Company held its 2024 Annual
Meeting of Stockholders (the “Annual Meeting”). The final voting results for each of the matters submitted to a stockholder
vote at the Annual Meeting are set forth below.
| 1. | Election of Directors. The
four (4) Class II director nominees named in the Company’s 2024 Annual Meeting proxy statement were elected to serve until the
2027 Annual Meeting of Stockholders and, based upon the following voting results: |
Director Nominee |
|
Votes For |
|
Votes Withheld |
|
Broker Non-Votes |
Elizabeth Fascitelli |
|
34,570,261 |
|
8,146 |
|
6,526,172 |
Anne Hayes |
|
34,570,473 |
|
7,934 |
|
6,526,172 |
Dean Heller |
|
34,288,840 |
|
289,567 |
|
6,526,172 |
Robert Savage |
|
34,570,360 |
|
8,047 |
|
6,526,172 |
| 2. | Ratification of Appointment of
Independent Registered Accounting Firm. The appointment of Crowe LLP as the Company’s independent registered public accounting
firm for the fiscal year ending December 31, 2024 was ratified based upon the following voting results: |
Votes For |
|
Votes Against |
|
Abstentions |
41,068,840 |
|
34,942 |
|
797 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly
caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
|
BRIDGER AEROSPACE GROUP HOLDINGS, INC. |
|
|
|
Dated: May 31, 2024 |
By: |
/s/ James Muchmore |
|
|
James Muchmore |
|
|
Chief Legal Officer and Executive Vice President |
Bridger Aerospace (NASDAQ:BAERW)
과거 데이터 주식 차트
부터 8월(8) 2024 으로 9월(9) 2024
Bridger Aerospace (NASDAQ:BAERW)
과거 데이터 주식 차트
부터 9월(9) 2023 으로 9월(9) 2024