BYTE Acquisition restates financials to reclassify all public shares as temporary equity

Airship AI Holdings, Inc.

Non-reliance on audited balance sheet as of March 23, 2021, and Q1/Q2 2021 interim financials.
All public shares will be reclassified as temporary equity, not permanent equity.
No impact on cash position or trust account established in IPO.
Material weakness in internal control over financial reporting; disclosure controls ineffective.
Restatement to be filed in Q3 2021 Form 10-Q.

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