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424B4: Prospectus

SEC ·  Sep 3 18:05

Summary by Moomoo AI

Airship AI Holdings, Inc. has initiated an ongoing public offering of common stock and warrants as detailed in their prospectus dated August 29, 2024. The offering includes 2,882,883 shares of common stock and an equal number of common warrants, with a set public offering price of $2.775 each. The common warrants are immediately exercisable at $2.65 per share and will expire five years from the issuance date. The securities are being issued separately, and there is no anticipated trading market for the warrants. Roth Capital Partners, LLC and The Benchmark Company, LLC are serving as the exclusive placement agents for the offering and will receive fees based on the sales of securities. The offering does not have a minimum sale requirement for closure. Airship AI...Show More
Airship AI Holdings, Inc. has initiated an ongoing public offering of common stock and warrants as detailed in their prospectus dated August 29, 2024. The offering includes 2,882,883 shares of common stock and an equal number of common warrants, with a set public offering price of $2.775 each. The common warrants are immediately exercisable at $2.65 per share and will expire five years from the issuance date. The securities are being issued separately, and there is no anticipated trading market for the warrants. Roth Capital Partners, LLC and The Benchmark Company, LLC are serving as the exclusive placement agents for the offering and will receive fees based on the sales of securities. The offering does not have a minimum sale requirement for closure. Airship AI Holdings' common stock is listed on The Nasdaq Global Market under the symbol 'AISP', and the public warrants are expected to be listed on The Nasdaq Capital Market under the symbol 'AISPW'. The last reported sale price of the common stock was $2.65 as of the prospectus date. The company is considered an 'emerging growth company' and is subject to reduced public company reporting requirements. Despite the high risk associated with the investment, the estimated net proceeds are projected to be approximately $7.44 million before expenses, which will be allocated towards working capital and general corporate purposes.

This announcement is a separate document:

Doc 1

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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