share_log

424B3: Prospectus

SEC ·  Jun 5 00:52
Summary by Futu AI
Airship AI Holdings, Inc., listed on The Nasdaq Global Market under the symbol 'AISP', has issued a prospectus supplement on June 3, 2024, to amend and supplement information in the original prospectus dated May 8, 2024. The supplement pertains to the sale of up to 18,092,575 shares of common stock by selling securityholders and the issuance of up to 16,184,612 shares of common stock upon the exercise of public warrants from the company's initial public offering. Notably, the supplement announces a significant reduction in the exercise price of the public and private warrants from $11.50 to $7.80 per share of common stock. The last reported sales price of Airship AI's common stock was $4.23 per share, and the public warrants were trading at approximately $0.312 each. The company, identified as an emerging growth company, has elected to comply with reduced public company reporting requirements. Investors are advised to carefully consider the risks detailed in the 'Risk Factors' section of the original prospectus and the company's most recent Annual Report on Form 10-K.
Airship AI Holdings, Inc., listed on The Nasdaq Global Market under the symbol 'AISP', has issued a prospectus supplement on June 3, 2024, to amend and supplement information in the original prospectus dated May 8, 2024. The supplement pertains to the sale of up to 18,092,575 shares of common stock by selling securityholders and the issuance of up to 16,184,612 shares of common stock upon the exercise of public warrants from the company's initial public offering. Notably, the supplement announces a significant reduction in the exercise price of the public and private warrants from $11.50 to $7.80 per share of common stock. The last reported sales price of Airship AI's common stock was $4.23 per share, and the public warrants were trading at approximately $0.312 each. The company, identified as an emerging growth company, has elected to comply with reduced public company reporting requirements. Investors are advised to carefully consider the risks detailed in the 'Risk Factors' section of the original prospectus and the company's most recent Annual Report on Form 10-K.
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