other material
confidence high
sentiment neutral
materiality 0.30
BYTE Acquisition Corp. corrects redemption payment error, paying additional $0.02 per share to redeeming holders
Airship AI Holdings, Inc.
- Additional $0.02 per share on 30,006,034 redeemed shares due to third-party administrative error in trust interest calculation.
- Redeeming shareholders previously paid ~$10.20 per share; now entitled to ~$10.22 per share.
- Trustee Continental Stock Transfer & Trust will make the additional payment promptly.
- Total incremental payout approximately $600,000.