4//SEC Filing
Airship Redmond Family Limited Partnership 4
Accession 0001161697-25-000094
CIK 0001842566other
Filed
Mar 10, 8:00 PM ET
Accepted
Mar 11, 6:47 PM ET
Size
7.7 KB
Accession
0001161697-25-000094
Insider Transaction Report
Form 4
Transactions
- Gift
Common Stock
2025-03-07−1,696,210→ 7,211,523 total
Holdings
- 1,406,484
Earnout Rights
→ Common Stock (1,406,484 underlying)
Footnotes (2)
- [F1]Represents shares of common stock of the Issuer received on December 21, 2023, as consideration pursuant to that certain Merger Agreement, dated as of June 27, 2023 (as amended on September 22, 2023 and as may be further amended and/or restated from time to time, the "Merger Agreement"), by and among Airship AI Holdings, Inc., a Delaware corporation (the "Issuer") (formerly known as BYTE Acquisition Corp., a Cayman Island exempted company limited by shares, prior to its domestication as a Delaware corporation), BYTE Merger Sub, Inc., a Washington corporation and a direct, wholly-owned subsidiary of the Issuer, and Airship AI, Inc., a Washington company (formerly known as Airship AI Holdings, Inc., "Airship AI"). The Reporting Person received the reported shares in exchange for shares of common stock of Airship AI at the Conversion Ratio, as defined in the Merger Agreement, as of the Effective Time of the Merger.
- [F2]Pursuant to earnout provisions in the Merger Agreement, the holder of such Earnout Rights is entitled to receive shares of common stock of the Issuer upon the occurrence of certain operating performance and share price performance milestones during the applicable earnout periods set forth in the Merger Agreement.
Documents
Issuer
Airship AI Holdings, Inc.
CIK 0001842566
Entity typeother
Related Parties
1- filerCIK 0002004185
Filing Metadata
- Form type
- 4
- Filed
- Mar 10, 8:00 PM ET
- Accepted
- Mar 11, 6:47 PM ET
- Size
- 7.7 KB