Airship AI raises $9.7 million through warrant exercise

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Airship AI Announces Exercise of Warrants for $9.7 Million in Gross Proceeds

October 9, 2025 8:31 AM EDT

REDMOND, Wash., Oct. 09, 2025 (GLOBE NEWSWIRE) -- Airship AI Holdings, Inc. (NASDAQ: AISP) (Airship AI or the Company), a leader in AI-driven video, sensor, and data management surveillance solutions, announced today the entry into a definitive agreement for the immediate exercise of certain outstanding warrants to purchase up to an aggregate of 2,162,162 shares of common stock, issued by the Company on December 26, 2024 (the Existing Warrants), at the existing exercise price of $4.50 per share. The shares of common stock issuable upon exercise of the Existing Warrants are registered pursuant to an effective registration statement on Form... More