Pangiam definition
Examples of Pangiam in a sentence
AEIP is the controlling equityholder of Pangiam and holds 65.1% of the outstanding BBAI Common Stock as of January 24, 2024.
The RWI Policy serves as BBAI’s sole source of recourse against Seller in respect of any breaches of representations or warranties by Pangiam or Seller.
Today, a majority of Pangiam’s revenue comes from its government customers, whom Pangiam helps use cloud platforms to transform how they serve the public and achieve their missions.
On October 30, 2020, Pangiam acquired 100% of the issued and outstanding stock of Linkware, LLC (“Linkware”) and 100% of the issued and outstanding stock of Pre, LLC (“Pre”) to create a travel and security solutions technology platform.
For contracts with multiple performance obligations, Pangiam allocates the transaction price to each performance obligation based on the estimated standalone selling price of the solution, license, or service underlying each performance obligation.
Pangiam drew an additional $3.5 million on January 4, 2024, under its New Credit Agreement to fund operations prior to the closing of the transactions contemplated by the Merger Agreement from the Pangiam Majority Investor.
When non-cash consideration is received, Pangiam evaluates the fair value of the non-cash consideration as of the inception date of the arrangement.
Pangiam generally includes revenue from sales of Trueface within software license revenue.
Pangiam and the Seller will promptly (and in any event within five Business Day after receipt thereof by Pangiam or the Seller) advise BBAI in writing of any bona fide written proposal or offer with respect to an Acquisition Transaction and the material terms and conditions of such proposal to the extent not prohibited by law or contract from doing so.
Pangiam engages in short-term and long-term contracts for the subscription SaaS, software licenses, and professional services activities.