On October 10, 2025, Airship AI Holdings, Inc. announced the immediate exercise of outstanding warrants, allowing the purchase of up to 2,162,162 shares of common stock at an exercise price of $4.50 per share. The transaction generated $9.7 million in gross proceeds, providing the company with a significant cash infusion.
In addition to the exercised warrants, the company issued new private‑placement warrants for up to 2,702,702 shares at an exercise price of $6.20 per share, with a 5.5‑year exercise term. The new warrants give the holder the right to purchase additional shares in the future, further expanding Airship AI’s equity base.
The financing event delivers additional liquidity that supports Airship AI’s growth strategy, including the expansion of its edge‑AI platform and penetration of commercial markets. The transaction strengthens the company’s balance sheet and positions it to meet future capital needs.
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