Airship AI Announces $9.7M Registered Offering For The Immediate Exercise Of 2,162,162 Warrants At $4.50/Share

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 S-3 (File No. 333-284462). The closing of the offering is expected to occur on or about October 10, 2025, subject to satisfaction of customary closing conditions.

Roth Capital Partners is acting as the Company's financial advisor for this transaction.