Summary by Futu AI
Airship AI Holdings, Inc. has released a prospectus supplement on June 3, 2024, which amends and supplements the original prospectus dated December 5, 2023. The supplement pertains to the issuance of up to 54,159,532 shares of common stock and 16,699,626 warrants, as well as the reoffer of 9,207,868 shares of common stock and 515,000 private warrants. A significant update includes a permanent reduction in the exercise price of the company's public and private warrants from $11.50 to $7.80 per share of common stock. The company's common stock and public warrants are traded on The Nasdaq Global Market and The Nasdaq Capital Market under the symbols 'AISP' and 'AISPW', respectively. As of May 30, 2024, the common stock was priced at $4.23 per share, and public warrants were at approximately $0.312 each. Airship...Show More