FAQ

Our stock is traded on the NASDAQ under the symbol AISP.

Airship AI Holdings, Inc.
8210 154th Ave NE
Suite 120
Redmond, WA 98052
United States
T: 877-462-4250
F: 425-467-8090
info@airship.ai

December 31st

Continental Stock Transfer & Trust Company

Marcum LLP

White & Case

Each whole Airship Pubco Warrant will entitle the registered holder to purchase one share of Airship Pubco Common Stock at a price of $11.50 per share, subject to adjustment as discussed below, at any time commencing 30 days after the Closing, provided that Airship Pubco has an effective registration statement under the Securities Act covering the shares of Airship Pubco Common Stock issuable upon exercise of the Airship Pubco Warrants and a current prospectus relating to them is available (or Airship Pubco permits holders to exercise their Airship Pubco Warrants on a cashless basis under the circumstances specified in the Warrant Agreement) and such shares of Airship Pubco Common Stock are registered, qualified or exempt from registration under the securities, or blue sky, laws of the state of residence of the holder. Pursuant to the Warrant Agreement, a warrant holder may exercise its Airship Pubco Warrants only for a whole number of shares of Airship Pubco Common Stock. This means only a whole Airship Pubco Warrants may be exercised at a given time by a warrant holder. The Airship Pubco Warrants will expire five years after the Closing, at 5:00 p.m., New York City time, or earlier upon redemption or liquidation.

If any such post-effective amendment or registration statement has not been declared effective by the sixtieth (60th) Business Day following the closing of the Business Combination, holders of the Warrants shall have the right, during the period beginning on the sixty-first (61st) Business Day after the closing of the Business Combination and ending upon such post-effective amendment or registration statement being declared effective by the Commission, and during any other period when the Company shall fail to have maintained an effective registration statement covering the Ordinary Shares issuable upon exercise of the Warrants, to exercise such Warrants on a “cashless basis,” by exchanging the Warrants (in accordance with Section 3(a)(9) of the Securities Act (or any successor rule) or another exemption) for that number of Ordinary Shares equal to the quotient obtained by dividing (x) the product of the number of Ordinary Shares underlying the Warrants, multiplied by the excess of the “Fair Market Value” (as defined below) over the Warrant Price by (y) the Fair Market Value.

Airship AI’s warrants to purchase common stock of the Company are now eligible for repositioning into the Depository Trust & Clearing Corporation (“DTC”) and repositioned warrants are now eligible for transfer or exercise through DTC (“DTC Eligibility”). Beneficial owners of the Company’s warrants should ask their bank or broker holding the Warrants to reposition their warrants to DTC.