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  "documentTitle": "Bigbear AI | SPAC Presentation Deck | 42 slides",
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  "authorName": "BigBear.ai",
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  "presentationDate": "2021-06-01 00:00:00",
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  "notes": "The slide uses a 'discount to peer average' framing to argue for valuation upside.",
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      "text": "Transaction value vs Peer valuation ranges",
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      "text": "Summary of Approach: Peer valuation applies range of multiples to BigBear.ai's 2021E and 2022E management forecasted revenue to arrive at an implied enterprise value. The applied range was determined by a 2-turn range around the peer mean EV / Revenue multiple of the Data / Analytics Infrastructure peers. 2021E and 2022E projected financials-based valuation is a reasonable approach given BigBear.ai's high degree of visibility to future revenue from large, long-term contracts",
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      "text": "Source: CapIQ and FactSet; Market data as of June 2, 2021. Refer to Safe Harbor on slides 2 and 3 regarding projected financial information with respect to BigBear.ai.",
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