BYTE Acquisition Corp. enters non-redemption agreements to secure extension through Sep 2023

Airship AI Holdings, Inc.

Existing shareholders holding 1M Class A shares each agree not to redeem and to vote for extension to Sep 25, 2023.
Company to pay $0.033 per share per month ($33K monthly) through Sep 2023; max aggregate $198K per agreement.
Extension moves deadline for initial business combination from Mar 23 to Sep 25, 2023.
Two non-redemption agreements executed on March 8, 2023 with certain existing holders.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Airship AI Holdings, Inc. entered into Non-Redemption Agreements with certain of its existing shareholders valued at $0.033 per Share in cash per month (effective 2023-03-08).

Action: entry
Counterparty: certain of its existing shareholders
Value: $0.033 per Share in cash per month
Effective: 2023-03-08

Exact text from the filing

On March 8, 2023, BYTE Acquisition Corp. (the “Company”) entered into non-redemption agreements (collectively, the “Non-Redemption Agreements”) with certain of its existing shareholders (the “Non-Redeeming Shareholders”) holding Class A ordinary shares, par value $0.0001, of the Company (the “Class A Ordinary Shares”).

View on SEC.gov

37 material agreements filed in the last 30 days. Browse all material agreements →

Airship AI Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001213900-23-018598

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.