other material
confidence high
sentiment neutral
materiality 0.70
Airship AI prices $8M public offering of common stock and warrants at $2.775/unit
Airship AI Holdings, Inc.
- Offering: 2,882,883 shares plus warrants to purchase same number; exercise price $2.65, 5-year term.
- Gross proceeds ~$8M; net proceeds ~$7.04M after fees and expenses.
- Proceeds for working capital, including COGS, personnel, and product development.
- Co-placement agents: Roth Capital Partners and The Benchmark Company; insiders locked up for 90 days.
- Offering closed September 3, 2024 under effective S-1 registration statement.