--- schema_version: "secwatch.filing_event.v1" accession: "0001213900-23-097727" form_type: "8-K" ticker: "AISP" cik: "0001842566" company_name: "Airship AI Holdings, Inc." filed_at: "2023-12-21T23:59:59+00:00" generated_at: "2026-06-07T09:21:20.087095+00:00" event_type: "m_and_a" sentiment: "positive" materiality_score: 0.8 calibrated_materiality_score: 0.8 confidence: "high" source: SEC EDGAR --- # BYTE Acquisition completes merger with Airship AI; to trade as AISP on Nasdaq ## Summary - Completion of business combination; combined company to trade as "AISP" on Nasdaq from Dec 22, 2023. - Pre-money equity value of Airship AI ~$225M. - Historical 2022A revenue $14.5M, gross margin 57.9%, positive EBITDA. - NTM forecast revenue $39M, gross margin 65%, EBITDA $9M. - $163M pipeline; begun delivery of $10.9M DHS contracts. ## SEC filing metadata - accession: 0001213900-23-097727 - form_type: 8-K - ticker: AISP - cik: 0001842566 - company_name: Airship AI Holdings, Inc. - filed_at: 2023-12-21T23:59:59+00:00 - event_type: m_and_a - sentiment: positive - materiality_score: 0.8 - calibrated_materiality_score: 0.8 - confidence: high - sec_items: 5.07, 7.01, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1842566/000121390023097727/0001213900-23-097727-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1842566/000121390023097727/ea190364-8k_byteacq.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001213900-23-097727 - JSON: https://secwatch.observer/filing/0001213900-23-097727.json - Plain text: https://secwatch.observer/filing/0001213900-23-097727.txt ## Key facts - Shareholder Votes Airship AI Holdings, Inc. shareholders approved To approve the Domestication (continuation out of Cayman Islands into Delaware) at the 2023-12-19 meeting. - Outcome: passed - Meeting: 2023-12-19 source text: The Domestication Proposal was approved. The final voting tabulation for this proposal was as follows: Votes For Votes Against Abstentions 1 0 0 1 evidence_url: https://www.sec.gov/Archives/edgar/data/1842566/000121390023097727/0001213900-23-097727-index.htm - Shareholder Votes Airship AI Holdings, Inc. shareholders approved Advisory approval of change in authorized capital stock (Advisory Organizational Documents Proposal A) at the 2023-12-19 meeting. - Proposal: say on pay - Outcome: passed - Meeting: 2023-12-19 source text: Advisory Organizational Documents Proposal A was approved. The final voting tabulation for this sub-proposal was as follows: Votes For Votes Against Abstentions 9,702,224 22,252 22,201 evidence_url: https://www.sec.gov/Archives/edgar/data/1842566/000121390023097727/0001213900-23-097727-index.htm - Shareholder Votes Airship AI Holdings, Inc. shareholders approved Advisory approval of exclusive forum provisions (Advisory Organizational Documents Proposal B) at the 2023-12-19 meeting. - Proposal: say on pay - Outcome: passed - Meeting: 2023-12-19 source text: Advisory Organizational Documents Proposal B was approved. The final voting tabulation for this sub-proposal was as follows: Votes For Votes Against Abstentions 9,702,244 22,232 22,201 evidence_url: https://www.sec.gov/Archives/edgar/data/1842566/000121390023097727/0001213900-23-097727-index.htm - Shareholder Votes Airship AI Holdings, Inc. shareholders approved To approve the Proposed Charter and Proposed Bylaws of Airship Pubco (Organizational Documents Proposal) at the 2023-12-19 meeting. - Proposal: charter amendment - Outcome: passed - Meeting: 2023-12-19 source text: The Organizational Documents Proposal was approved. The final voting tabulation for this proposal was as follows: Votes For Votes Against Abstentions 9,702,224 22,232 22,221 evidence_url: https://www.sec.gov/Archives/edgar/data/1842566/000121390023097727/0001213900-23-097727-index.htm - Shareholder Votes Airship AI Holdings, Inc. shareholders approved To approve and adopt the Merger Agreement and the Business Combination with Airship AI Holdings, Inc. at the 2023-12-19 meeting. - Proposal: merger approval - Outcome: passed - Meeting: 2023-12-19 source text: The Business Combination Proposal was approved. The final voting tabulation for this proposal was as follows: Votes For Votes Against Abstentions 9,702,244 22,232 22,201 evidence_url: https://www.sec.gov/Archives/edgar/data/1842566/000121390023097727/0001213900-23-097727-index.htm - Shareholder Votes Airship AI Holdings, Inc. shareholders approved Advisory approval of supermajority vote requirement to amend certain charter provisions (Advisory Organizational Documents Proposal C) at the 2023-12-19 meeting. - Proposal: say on pay - Outcome: passed - Meeting: 2023-12-19 source text: Advisory Organizational Documents Proposal C was approved. The final voting tabulation for this sub-proposal was as follows: Votes For Votes Against Abstentions 9,702,244 22,232 22,201 evidence_url: https://www.sec.gov/Archives/edgar/data/1842566/000121390023097727/0001213900-23-097727-index.htm - Shareholder Votes Airship AI Holdings, Inc. shareholders approved To approve the issuance of shares of Airship Pubco Common Stock and convertible securities in connection with the Business Combination (Stock Issuance Proposal) at the 2023-12-19 meeting. - Proposal: merger approval - Outcome: passed - Meeting: 2023-12-19 source text: The Stock Issuance Proposal was approved. The final voting tabulation for this proposal was as follows: Votes For Votes Against Abstentions 9,702,244 22,232 22,201 evidence_url: https://www.sec.gov/Archives/edgar/data/1842566/000121390023097727/0001213900-23-097727-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.