Highest-materiality recent filing
Airship AI Q1 2026 revenue $6.3M, net loss $721K, gross margin 50%
Net revenues $6.3M (+15% YoY); gross profit $3.2M, gross margin 50% (vs 42% YoY).
Q4 net revenues $6.5M, gross profit $3.3M (51.2% margin, +169% YoY).
Approximately 69.4% quorum with 23,734,736 shares voted at Dec. 11, 2025 annual meeting.
Airship AI board reduces shareholder meeting quorum to one-third
Board reduced quorum requirement from majority to one-third (1/3) of outstanding voting shares.
Airship AI Q3: $1.2M revenue, $2.9M operating loss, $166M pipeline
Q3 net revenues $1.2M; gross profit $0.6M (51% margin); operating loss $2.9M.
Airship AI raises $9.7M via warrant exercise inducement; issues new warrants at $6.20
Gross proceeds of $9,729,729 from cash exercise of 2,162,162 existing warrants at $4.50 per share.
Airship AI board adopts updated committee charters in periodic review
On July 31, 2025, board approved updated Audit, Compensation, and Nominating & Corporate Governance charters.
Airship AI Q1 revenue $5.5M, net income $23.7M; guides 30% growth
Net revenues $5.5M, gross profit $2.2M (40% margin); operating loss $1.7M.
Airship AI enters ATM agreement for up to $25M common stock offering via Roth Capital
Company entered ATM offering agreement with Roth Capital Partners on April 23, 2025.
Airship AI formalizes President Paul Allen's employment agreement; grants 400K stock options
Employment agreement provides base salary of $350,000 per year for three-year term with automatic renewal.
Airship AI cuts warrant exercise price to $4.50 from $7.80; stock at $6.89
Permanently reduced exercise price of 16,159,012 public warrants and 515,000 private warrants to $4.50 per share.
Airship AI raises $7.6M through warrant exercise; issues inducement warrants at $4.50
Existing warrant holder exercises 2,882,883 shares at $2.65 per share, yielding ~$7.64M gross proceeds.
Airship AI Holdings re-elects all five directors, ratifies BPM LLP as auditor
All five director nominees re-elected: Victor Huang (14.4M for), Derek Xu (14.3M), Peeyush Ranjan (13.4M), Louis Lebedin (14.4M), Amit Mital (13.9M).
Airship AI permanently reduces warrant exercise price to $4.50 for 16.7M warrants
Permanently reduced exercise price of 16,159,012 public warrants and 515,000 private warrants from $7.80 to $4.50 per share.
Airship AI releases October 2024 investor presentation; no material new data disclosed
Filed an investor presentation on October 11, 2024 for use in investor communications.
Airship AI Holdings releases investor presentation for September 2024
Investor presentation released on October 3, 2024, covering financial position, business, and operations.
Airship AI prices $8M public offering of common stock and warrants at $2.775/unit
Offering: 2,882,883 shares plus warrants to purchase same number; exercise price $2.65, 5-year term.
Airship AI Q2 2024: Revenue $6.4M, Gross Profit $4.5M, Operating Income $1.0M, Pipeline ~$150M
Net revenue $6.4M, gross profit $4.5M (70% margin), operating income $1.0M for Q2 ended June 30, 2024.
Airship AI extends $2M convertible note to June 2025; issues 232,360 shares as interest
Extended maturity of $2M senior secured convertible note from June 22, 2024 to June 22, 2025.
Airship AI permanently reduces warrant exercise price from $11.50 to $7.80
16,184,612 public warrants and 515,000 private warrants exercise price reduced to $7.80.
Airship AI Q1 revenue $10.6M, 84.5% of FY2023; DOJ contract $2.35M
Net revenues $10.6M in Q1 2024, up from $12.5M full-year 2023; represents 84.5% of prior fiscal-year total.
Airship AI FY 2023 revenue $12.3M; guides triple-digit growth in 2024
Revenue $12.3M, gross profit $5.8M (47% margin); operating loss $6.6M includes $2.9M stock comp.
Airship AI appoints Mark E. Scott as permanent CFO, effective March 1, 2024
Mark E. Scott, interim CFO since Nov 2021, appointed permanent CFO of Airship AI Holdings.
Airship AI amends 8-K to reclassify earnout shares as liability in pro forma statements
Amendment corrects classification of up to 5M Earnout Shares from equity to liability; shows $46.2M earnout liability.
Airship AI refinances $2M secured convertible note with Platinum Capital
Issued amended $2M senior secured convertible note; repayment amount 110% ($2.2M) due June 22, 2024.
Airship AI adopts clawback policy and ratifies committee charters
Board adopted Clawback Policy effective Dec 21, 2023, to comply with SEC Rule 10D and Nasdaq listing standards.
Airship AI closes SPAC merger with BYTE; begins trading on Nasdaq as AISP
Merger consideration of $225M in stock at $10.00/share; up to 5M earnout shares contingent on revenue and stock price milestones.
BYTE Acquisition Corp. domesticated from Cayman Islands to Delaware and renamed Airship AI Holdings, Inc. on Dec 20, 2023.
BYTE Acquisition completes merger with Airship AI; to trade as AISP on Nasdaq
Completion of business combination; combined company to trade as "AISP" on Nasdaq from Dec 22, 2023.
Meeting adjourned to 4:30 p.m. ET on Dec 18, 2023; redemption deadline extended to 4:00 p.m. ET same day.
Extraordinary general meeting reconvenes virtually at 4:30 p.m. ET on December 19, 2023.
BYTE Acquisition Corp. shareholders approve extension to Dec 26, 2023; 525,624 shares redeemed
Extension proposal approved: business combination deadline moved from Sept 25, 2023 to Dec 26, 2023; board may extend to Mar 26, 2024.
BYTE Acquisition Corp. extends merger deadline with Airship AI to March 26, 2024
Outside closing date extended from Dec 26, 2023 to March 26, 2024, contingent on shareholder approval of extension proposal.
BYTE Acquisition Corp. extends deadline with non-redemption amendment to Dec. 2023
Existing holder Migdal Insurance (1M shares) agrees not to redeem and votes to extend deadline to Dec. 26, 2023.
BYTE Acquisition enters non-redemption agreements for $7M of shares to support Airship AI merger
Sponsor Byte Holdings LP agreed to acquire $6M in public shares, waive redemption rights, and abstain from voting in exchange for $0.033/share/month fee.
BYTE Acquisition Corp. enters merger agreement with Airship AI Holdings for AI-driven edge platform
Aggregate merger consideration of 22.5M Parent Common Shares, plus up to 5M earnout shares based on revenue and stock price milestones.
BYTE Acquisition Corp. restates Q1 2023 financials due to $0.02/share redemption error
Audit committee concluded Q1 2023 financials should no longer be relied upon due to a $0.02/share redemption miscalculation.
Additional $0.02 per share on 30,006,034 redeemed shares due to third-party administrative error in trust interest calculation.
Shareholders approved extension of business combination deadline from March 23 to September 25, 2023.
BYTE Acquisition Corp. signs LOI for business combination with Airship AI at $290M EV
Non-binding LOI for SPAC merger; pro forma enterprise value of $290M (assuming 98% public redemptions).
BYTE Acquisition Corp. enters non-redemption agreements to secure extension through Sep 2023
Existing shareholders holding 1M Class A shares each agree not to redeem and to vote for extension to Sep 25, 2023.
Byte Acquisition Corp. director Danny Yamin resigns; CEO Sam Gloor elected to board
Danny Yamin resigned from the board on Feb 15, 2023, with no dispute or disagreement.
Byte Acquisition Corp. postpones Dec 20 extraordinary meeting; new date near Mar 23, 2023 deadline
Extraordinary general meeting originally set for Dec 20, 2022 postponed to a later date to be announced.
Byte Acquisition CEO Danny Yamin resigns; Sam Gloor appointed CEO and continues as CFO
Danny Yamin resigned as CEO on Nov 30, 2022; not due to any dispute with the company or board; remains a director.
BYTE Acquisition restates financials to reclassify all public shares as temporary equity
Non-reliance on audited balance sheet as of March 23, 2021, and Q1/Q2 2021 interim financials.
On March 1, 2024, Airship AI Holdings, Inc. (the “Company”) appointed Mark E. Scott (age 70), our interim Chief Financial Officer, as the Chief Financial Officer of the Company, effective March 1, 2024.
Simultaneously with Mr. Yamin’s resignation, the Board elected Sam Gloor to serve as a member of the Board.
On February 15, 2023, Danny Yamin, a member of the board of directors (the “Board”) of Byte Acquisition Corp., a Cayman Islands exempted company (the “Company”), resigned as a director of the Board.
On November 30, 2022, Danny Yamin, Chief Executive Officer of Byte Acquisition Corp., a Cayman Islands exempted company (the “Company”), resigned as Chief Executive Officer of the Company.
Simultaneously with Mr. Yamin’s resignation, the Board appointed Sam Gloor to serve as the Company’s Chief Executive Officer.
Max materiality 0.85 · Median 0.60 · Most common event other_material