Airship AI (AISP) CEO adds 20,000 public warrants post-merger holdings
Rhea-AI Filing Summary
Airship AI Holdings, Inc. insider Victor Huang, the company’s CEO, Chairman and a director and 10% owner, filed an amended Form 4 to update his holdings. The filing reports that on December 15, 2025, he acquired 20,000 Public Warrants (AISPW), each for common stock, at a price of $0.923 per warrant. These public warrants have an exercise price of $4.50 per share and currently expire on December 21, 2028, subject to adjustment and possible earlier redemption or liquidation.
After the reported transactions, Huang beneficially owns 3,972,567 shares of common stock, along with a large package of derivative securities, including options, stock appreciation rights, warrants, earnout rights and public warrants. The amendment states it is filed to report and consolidate all prior direct and indirect holdings as direct holdings.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Public Warrant (AISPW shares) | 20,000 | $0.923 | $18K |
| holding | Options | -- | -- | -- |
| holding | Stock Appreciation Rights | -- | -- | -- |
| holding | Warrants | -- | -- | -- |
| holding | Earnout Rights | -- | -- | -- |
| holding | Options | -- | -- | -- |
| holding | Warrant | -- | -- | -- |
| holding | Options | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Includes 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. Represents options to purchase shares of common stock of the Issuer received on December 21, 2023, pursuant to the Merger Agreement, upon the conversion of options to purchase 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. Represents stock appreciation rights denominated in shares of common stock of the Issuer received on December 21, 2023, pursuant to the Merger Agreement, upon the conversion of stock appreciation rights denominated in 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. Represents warrants to purchase shares of common stock of the Issuer received by the Reporting Person on December 21, 2023, pursuant to the Merger Agreement, upon the conversion of warrants to purchase 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. 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. Options vest quarterly over 4 years. Public Warrant (AISPW shares) Exercise Price subject to adjustment and expire five years after the closing of the merger on December 21, 2023, or earlier upon redemption or liquidation. AISPW shares have various dates exercisable based on various purchase dates.
FAQ
What insider transaction did AISP CEO Victor Huang report on this Form 4/A?
At what price did Victor Huang buy the 20,000 AISPW public warrants of AISP?
What is the exercise price and expiration date of the AISPW public warrants reported by AISP?
Why was this AISP Form 4/A filed as an amendment?
What is Victor Huang’s role and status at Airship AI Holdings, Inc. (AISP)?