Bridger Aerospace Group Holdings, Inc 8-K, filed Dec 30, 2025
Bridger Aerospace Group Holdings, Inc. (BAER)
About this 8-K
Bridger Aerospace Group Holdings, Inc filed this 8-K on December 30, 2025, reporting on events of December 23, 2025.
Items reported
- Item 2.01: Completed an acquisition or sale of assets
- Item 7.01: Regulation FD disclosure
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM
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CURRENT REPORT
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| Item 2.01 | Completion of Acquisition or Disposition of Assets. |
As previously disclosed in the Current Report on Form 8-K filed with the Securities and Exchange Commission by Bridger Aerospace Group Holdings, Inc., a Delaware corporation (the “Company”), on November 24, 2025, on November 21, 2025, Albacete Aero, S.L. (the “Buyer”), a Spanish sociedad limitada and a wholly-owned subsidiary of the Company, entered into an Aircraft Purchase Agreement (the “APA”) with MAB Funding Designated Activity Company, a designated activity company incorporated under the laws of Ireland, indirectly affiliated with MAB Funding, LLC, the previously reported joint venture with the Company, funds and accounts of which Marathon Asset Management, LP acts as investment manager and funds and accounts of which Eyre Street Capital, LLC acts as investment manager. The APA provides for the purchase of two Bombardier model CL-215-6B11 (CL-215T Variant) aircraft, together with four Pratt and Whitney Canada engines, related components and records, for an aggregate purchase price of $50,000,000, allocated $25,000,000 per aircraft.
On December 23, 2025, the Buyer consummated the acquisition in accordance with the APA. At closing, the Company, through the Buyer, paid the $49,980,000 purchase price (inclusive of the previously paid $3,000,000 deposit and reflecting adjustments pursuant to the APA) and received title to the aircraft, engines and related assets as provided in the APA. The summary above is qualified in its entirety by reference to the APA filed as Exhibit 10.1 to the Company’s Current Report on Form 8-K filed on November 24, 2025.
| Item 7.01 | Regulation FD Disclosure. |
On December 30, 2025, the Company issued a press release announcing the closing of the APA. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
The information in this Item 7.01, including Exhibit 99.1, is furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to liabilities under that section, and shall not be deemed to be incorporated by reference into the filings of the Company under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language in such filings. This Report will not be deemed an admission as to the materiality of any information in this Item 7.01, including Exhibit 99.1.
| Item 9.01 | Financial Statements and Exhibits. |
| Exhibit No. | Description | |
| 99.1 | Press Release dated December 30, 2025 | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
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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: December 30, 2025 | By: | /s/ James Muchmore |
| James Muchmore | ||
| Chief Legal Officer | ||
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Exhibit 99.1
Bridger Aerospace Completes Purchase of Two Spanish Super Scoopers and Four Air
Attack Aircraft, Positioning the Company for Expanded Contract Awards in 2026
BELGRADE, MT, December 30, 2025– Bridger Aerospace Group Holdings, Inc. (“Bridger” or “Bridger Aerospace”), (NASDAQ: BAER, BAERW), one of the nation’s largest aerial firefighting companies, today announced that it has completed the purchase of two Canadair CL-215T Amphibious Aircraft from MAB Funding, LLC, the partnership between Bridger, Marathon Asset Management LP and Eyre Street Capital. The purchase increases Bridger’s Super Scooper fleet from six to eight. Additionally, Bridger added four Air Attack aircraft to its balance sheet in the fourth quarter, two of which had previously been leased and on contract in 2025. The expanded fleet positions Bridger for increased mission capability and expanded contract awards heading into the 2026 fire season and beyond.
“The addition of these aircraft positions Bridger to better fulfill our mission to protect lives, property, and the environment in 2026,” said Sam Davis, Chief Executive Officer of Bridger Aerospace. “Given the strong demand for our purpose-built scooper fleet and the proven effectiveness of our light fixed-wing aircraft in fire support, we are confident in the potential for these aircraft to generate additional revenue and cash flow growth starting in 2026, and we look forward to deploying these assets.”
The $50 million purchase of the Scoopers was included in the Company’s $210 million Senior Secured Term Loan Facility that closed in October (the “Facility”). The addition of the four air attack aircraft was funded using a combination of cash and an initial draw on the Company’s Facility.
With the addition of these six aircraft, Bridger Aerospace now operates eight Super Scoopers, more than any other private operator worldwide, and has a Light Fixed Wing Air Attack and Surveillance fleet of 11.
Venable LLP provided US legal advice and Watson Farley Williams provided Spanish legal advice to Bridger in connection with the Scooper transaction.
About Bridger Aerospace
Based in Belgrade, Montana, Bridger Aerospace Group Holdings, Inc. is one of the nation’s largest aerial firefighting companies. Bridger provides aerial firefighting and wildfire management services to federal and state government agencies, including the United States Forest Service, across the nation, as well as internationally. More information about Bridger Aerospace is available at https://www.bridgeraerospace.com.
Investor Contacts
Alison Ziegler
Darrow Associates
201-220-2678
aziegler@darrowir.com
Media Contact
Devin Johnson
Bridger Aerospace
406-919-5980
d.johnson@bridgeraerospace.com
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Forward Looking Statements
Forward Looking Statements Certain statements included in this press release that are not historical facts (including any statements concerning plans and objectives of management for future operations of economic performance, or assumptions or forecasts related thereto) are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended and the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “project,” “forecast,” “predict,” “poised,” “positioned,” “potential,” “seem,” “seek,” “future,” “outlook,” “target,” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements include, but are not limited to, (1) the anticipated integration of the new aircraft into Bridger’s operations, (2) the anticipated expansion of Bridger’s operations and increased deployment of Bridger’s aircraft fleet, the anticipated benefits therefrom and the ultimate structure of such acquisitions and/or right to use arrangements; (3) Bridger’s business, research and development and growth plans and future financial performance; (4) current and future demand for aerial firefighting services, including the duration or severity of any domestic or international wildfire seasons; (5) Bridger’s potential sources of liquidity and capital resources and financing plans; and (6) Bridger’s remediation plan for its material weaknesses in Bridger’s internal control over financial reporting. These statements are based on various assumptions and estimates, whether or not identified in this press release, and on the current expectations of Bridger’s management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of Bridger. These forward-looking statements are subject to a number of risks and uncertainties, including, but not limited to: the satisfaction of closing conditions, completion of return to service work, successful integration of aircraft (including achievement of synergies and cost reductions), operational and safety risks, the duration and severity of wildfire seasons, competition, customer demand, availability of personnel and equipment, and other risks discussed in the sections entitled “Risk Factors” and “Cautionary Statement Regarding Forward-Looking Statements” included in Bridger’s Annual Report filed with the U.S. Securities and Exchange Commission (the “SEC”) on March 14, 2025 for the fiscal year ended December 31, 2024 and in subsequent filings made by Bridger with the SEC from time to time. If any of these risks materialize or Bridger management's assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. The risks and uncertainties above are not exhaustive, and there may be additional risks that Bridger presently does not know or that Bridger currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect Bridger’s expectations, plans or forecasts of future events and views as of the date of this press release. Bridger anticipates that subsequent events and developments will cause Bridger’s assessments to change. However, while Bridger may elect to update these forward-looking statements at some point in the future, Bridger specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing Bridger’s assessments as of any date subsequent to the date of this press release. Accordingly, undue reliance should not be placed upon the forward-looking statements contained in this press release.
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