secwatch.observer — SEC 8-K summary
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Issuer:     Airship AI Holdings, Inc. (AISP)
CIK:        0001842566
Form:       8-K
Filed at:   2021-11-18T23:59:59+00:00
Accession:  0001213900-21-060542
Event type: other_material
Sentiment:  negative
Materiality: 0.60
Item codes: 4.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1842566/000121390021060542/0001213900-21-060542-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1842566/000121390021060542/ea150620-8k_byteacqu.htm
  HTML page:      https://secwatch.observer/filing/0001213900-21-060542

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