Airship AI cuts warrant exercise price to $4.50 from $7.80; stock at $6.89

Airship AI Holdings, Inc.

Permanently reduced exercise price of 16,159,012 public warrants and 515,000 private warrants to $4.50 per share.
Warrants previously exercisable at $7.80; reduction effective November 20, 2024.
Purpose is to potentially raise proceeds for working capital and general corporate purposes.
As of Dec 30, 2024, common stock closed at $6.89; public warrants closed at approx. $2.16.
Company's common stock and warrants trade on Nasdaq under AISP and AISPW respectively.

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