On January 2, 2024, Airship AI Holdings, Inc. reported significant corporate governance updates in a Form 8-K filing with the SEC. The company's Board of Directors, following the Compensation Committee's recommendation, ratified and adopted the Airship AI Holdings, Inc. Clawback Policy, effective December 21, 2023. This policy mandates the recovery of erroneously awarded incentive-based compensation from current and former executive officers in the event of a financial restatement due to material noncompliance with financial reporting requirements. Additionally, the Board approved the Audit, Compensation, and Nominations and Governance Committee Charters, with the full texts available on the company's website and filed as exhibits to the report. These charters outline the responsibilities and procedures for the respective committees, including oversight of financial reporting, auditor management, risk assessment, and internal controls. The company, listed on The Nasdaq Stock Market under the symbol AISP, is identified as an emerging growth company and has not elected to use the extended transition period for complying with new or revised financial accounting standards.

On January 2, 2024, Airship AI Holdings, Inc. reported significant corporate governance updates in a Form 8-K filing with the SEC. The company's Board of Directors, following the Compensation Committee's recommendation, ratified and adopted the Airship AI Holdings, Inc. Clawback Policy, effective December 21, 2023. This policy mandates the recovery of erroneously awarded incentive-based compensation from current and former executive officers in the event of a financial restatement due to material noncompliance with financial reporting requirements. Additionally, the Board approved the Audit, Compensation, and Nominations and Governance Committee Charters, with the full texts available on the company's website and filed as exhibits to the report. These charters outline the responsibilities and procedures for the respective committees, including oversight of financial reporting, auditor management, risk assessment, and internal controls. The company, listed on The Nasdaq Stock Market under the symbol AISP, is identified as an emerging growth company and has not elected to use the extended transition period for complying with new or revised financial accounting standards.