Airship AI announces exercise of warrants for $9.7M in gross proceeds

* Airship AI Holdings (NASDAQ:AISP [https://seekingalpha.com/symbol/AISP]) on Thursday announced the entry into an agreement for the immediate exercise of certain outstanding warrants to purchase up to an aggregate of 2.16M shares of common stock at the exercise price of $4.50 per share.
* The closing of the offering is expected to occur on or about October 10, 2025.
* In consideration for the immediate exercise of the warrants for cash, the exercising holders will receive new warrants to purchase shares of common stock in a private placement.
* The new warrants will be exercisable into an aggregate of up to 2.7M shares of common stock, will be exercisable immediately at an exercise price of $6.20 per share, and have a term of exercise equal to five and one-half years.
* AISP +1.14% premarket to $6.16.
* Source: Press Release [https://seekingalpha.com/pr/20260565-airship-ai-announces-exercise-of-warrants-for-9_7-million-in-gross-proceeds]

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* Historical earnings data for Airship AI Holdings [https://seekingalpha.com/symbol/AISP/earnings]
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