Summary by Futu AI
Airship AI Holdings, Inc., under the leadership of CEO Victor Huang, received a comment letter from the United States Securities and Exchange Commission (SEC) on April 24, 2024, regarding its Amendment No. 2 to the Registration Statement on Form S-1, initially filed on April 10, 2024. The SEC's letter requested additional information, specifically asking Airship AI to disclose the potential profit for each selling securityholder based on the current trading price. The SEC referred to a prior comment from their February 21, 2024 letter, which had not been fully addressed in Airship AI's response. The company is required to amend its registration statement and provide the requested details or explain why such an amendment is not necessary. The SEC indicated that further comments may follow after reviewing the company's amendments and responses.