BYTE

Airship AI Holdings Completes Business Combination with BYTE Acquisition Corp.

Retrieved on: 
Thursday, December 21, 2023

Airship AI Holdings, Inc. (“Airship AI”), a robust AI-driven video, sensor and data management surveillance platform that provides complex automated monitoring, predictive event analysis and intelligence to large institutions operating in dynamic and mission-critical environments with rapidly increasing volumes of data and data sources, and BYTE Acquisition Corp. (NASDAQ: BYTS), a special purpose acquisition company (“BYTE”), have completed the previously announced business combination (the “Business Combination”).

Key Points: 
  • Airship AI Holdings, Inc. (“Airship AI”), a robust AI-driven video, sensor and data management surveillance platform that provides complex automated monitoring, predictive event analysis and intelligence to large institutions operating in dynamic and mission-critical environments with rapidly increasing volumes of data and data sources, and BYTE Acquisition Corp. (NASDAQ: BYTS), a special purpose acquisition company (“BYTE”), have completed the previously announced business combination (the “Business Combination”).
  • In connection with the Business Combination closing, the combined company has been renamed “Airship AI Holdings, Inc.” (the “Company”).
  • The board of Airship AI would like to thank the team at BYTE for the successful completion of the Business Combination,” concluded Allen.
  • We thank the Airship AI team for their hard work and partnership in completing the Business Combination.”
    1) Edge AI Hardware Market By Component, Valuates Reports
    Roth Capital Partners served as exclusive M&A advisor to Airship AI.

BYTE Acquisition Corp. Announces Adjournment of Shareholder Meeting to Approve Business Combination with Airship AI

Retrieved on: 
Monday, December 18, 2023

BYTE Acquisition Corp. (the “Company” or “BYTE”) (Nasdaq: BYTS), a special purpose acquisition company, today announced that it has again adjourned the extraordinary general meeting (the “Meeting”) seeking shareholder approval of the previously announced business combination with Airship AI Holdings, Inc. (“Airship AI”).

Key Points: 
  • BYTE Acquisition Corp. (the “Company” or “BYTE”) (Nasdaq: BYTS), a special purpose acquisition company, today announced that it has again adjourned the extraordinary general meeting (the “Meeting”) seeking shareholder approval of the previously announced business combination with Airship AI Holdings, Inc. (“Airship AI”).
  • The Meeting will reconvene at 4:30 p.m.
  • Shareholders of record as of November 21, 2023 are entitled to vote at the Meeting.
  • Shareholders may withdraw redemptions with the Company’s consent at any time until the closing of the business combination.

BYTE Acquisition Corp. Announces Adjournment of Shareholder Meeting to Approve Business Combination with Airship AI

Retrieved on: 
Friday, December 15, 2023

BYTE Acquisition Corp. (the “Company” or “BYTE”) (Nasdaq: BYTS), a special purpose acquisition company, today announced that it has adjourned the extraordinary general meeting (the “Meeting”) seeking shareholder approval of the previously announced business combination with Airship AI Holdings, Inc. (“Airship AI”).

Key Points: 
  • BYTE Acquisition Corp. (the “Company” or “BYTE”) (Nasdaq: BYTS), a special purpose acquisition company, today announced that it has adjourned the extraordinary general meeting (the “Meeting”) seeking shareholder approval of the previously announced business combination with Airship AI Holdings, Inc. (“Airship AI”).
  • The Meeting will reconvene at 4:30 p.m.
  • Shareholders of record as of November 21, 2023 are entitled to vote at the Meeting.
  • Shareholders may withdraw redemptions with the Company’s consent at any time until the closing of the business combination.

BYTE Acquisition Corp. and Airship AI Holdings, Inc. Announce Filing of Definitive Proxy Statement and Extraordinary General Meeting on December 15, 2023 to Vote on Business Combination

Retrieved on: 
Thursday, December 7, 2023

BYTE will commence mailing of the Proxy Statement/Prospectus, which contains a notice and voting instruction form or a proxy card relating to the extraordinary general meeting of the BYTE shareholders (the “Extraordinary General Meeting”), to BYTE shareholders of record as of the close of business on the record date of November 21, 2023.

Key Points: 
  • BYTE will commence mailing of the Proxy Statement/Prospectus, which contains a notice and voting instruction form or a proxy card relating to the extraordinary general meeting of the BYTE shareholders (the “Extraordinary General Meeting”), to BYTE shareholders of record as of the close of business on the record date of November 21, 2023.
  • The Extraordinary General Meeting to approve the Business Combination is scheduled to be held on December 15, 2023, at 4:30 p.m.
  • The Extraordinary General Meeting will be held virtually and can be accessed via a live audio webcast at https://www.cstproxy.com/byteacquisition/egm2023 .
  • BYTE’s board of directors unanimously recommends that shareholders vote “FOR” the Business Combination with Airship AI and all other proposals at the Extraordinary General Meeting.

EverGlade Consulting Funding Alert: ARPA-H Announces New Tiered Proposal Submission System to Reduce Entry Barrier for Non-traditional Performers

Retrieved on: 
Tuesday, December 5, 2023

CHARLESTON, S.C. , Dec. 5, 2023 /PRNewswire/ -- The Advanced Research Projects Agency for Health (ARPA-H) is transforming U.S. health research and development with innovative, high-risk, high-reward projects. Its Master Announcement Instructions (MAI) introduce a tiered proposal submission process tailored to encourage participation from both new and non-traditional applicants. Proposals are categorized into various levels such as BIT, BYTE, KILO, MEGA, GIG, and TERA, based on the potential funding amount. This system accommodates a wide range of research, from small exploratory studies to large-scale projects, fostering diverse and innovative health research initiatives.

Key Points: 
  • Its Master Announcement Instructions (MAI) introduce a tiered proposal submission process tailored to encourage participation from both new and non-traditional applicants.
  • This system accommodates a wide range of research, from small exploratory studies to large-scale projects, fostering diverse and innovative health research initiatives.
  • "The tiered proposal system introduced by ARPA-H is a game-changer, democratizing access to critical health research funding.
  • "At EverGlade Consulting, we recognize the groundbreaking opportunity ARPA-H presents to the health research community," stated EverGlade Consulting Founder, Eric Jia-Sobota.

BYTE Acquisition Corp. and Airship AI to Attend the ROTH 12th Annual New York Technology Conference

Retrieved on: 
Wednesday, November 1, 2023

Sam Gloor, BYTE’s Chief Executive Officer and Chief Financial Officer, and Paul Allen, Airship AI’s President, are scheduled to participate in one-on-one investor meetings at the conference.

Key Points: 
  • Sam Gloor, BYTE’s Chief Executive Officer and Chief Financial Officer, and Paul Allen, Airship AI’s President, are scheduled to participate in one-on-one investor meetings at the conference.
  • For more information on ROTH 12th Annual New York Technology Conference, please contact your ROTH representative or you may also email your request to [email protected] or call Chris Tyson at (949) 491-8235.
  • On June 27, 2023, Airship AI and BYTE entered into a definitive business combination agreement.
  • The transaction contemplated by the business combination agreement has been unanimously approved by the boards of directors of Airship AI and BYTE and remains subject to stockholder approval, and other customary closing conditions.

Airship AI Holdings, Inc. to List on NASDAQ through Business Combination with BYTE Acquisition Corp.

Retrieved on: 
Tuesday, June 27, 2023

Simultaneously with the issuance of this press release, BYTE has filed an investor presentation outlining Airship AI’s business and the proposed business combination, including the following investment highlights:

Key Points: 
  • Simultaneously with the issuance of this press release, BYTE has filed an investor presentation outlining Airship AI’s business and the proposed business combination, including the following investment highlights:
    This press release features multimedia.
  • “We’re excited to partner with the BYTE team which brings substantial software and business expertise,” said Airship AI President Paul Allen.
  • We believe that Airship AI is an exceptional company with which to complete a business combination,” said BYTE Chief Executive Officer and Chief Financial Officer Sam Gloor.
  • We look forward to working with Airship AI’s management team to consummate the business combination.”
    Pursuant to the business combination agreement, BYTE will acquire Airship AI for a pre-money equity value of $225 million.

Airship AI to Present at the 35th Annual Roth Conference

Retrieved on: 
Friday, March 10, 2023

As previously disclosed, on March 10, 2023, Airship AI and BYTE Acquisition Corp. (NASDAQ: BYTS) (“BYTE”) entered into a non-binding letter of intent for a business combination.

Key Points: 
  • As previously disclosed, on March 10, 2023, Airship AI and BYTE Acquisition Corp. (NASDAQ: BYTS) (“BYTE”) entered into a non-binding letter of intent for a business combination.
  • Completion of a business combination is subject to, among other matters, the completion of due diligence, the negotiation of a definitive agreement providing for the transaction, satisfaction of the conditions negotiated therein and approval of the transaction by the board of directors and the shareholders of both BYTE and Airship AI.
  • There can be no assurance that a definitive agreement will be entered into or that the proposed business combination will be consummated on the terms or timeframe currently contemplated, or at all.
  • For more information about the 35th Annual Roth Conference and to submit a registration request, visit https://ibn.fm/Roth2023Registration .

BYTE Acquisition Corp. and Airship AI Holdings, Inc. Announce Letter of Intent for a Business Combination

Retrieved on: 
Friday, March 10, 2023

Simultaneously with the issuance of this press release, BYTE has filed an investor presentation outlining Airship AI’s business and the proposed business combination, including the following investment highlights:

Key Points: 
  • Simultaneously with the issuance of this press release, BYTE has filed an investor presentation outlining Airship AI’s business and the proposed business combination, including the following investment highlights:
    This press release features multimedia.
  • “We’re excited to partner with the BYTE team which brings substantial software and business expertise,” said Airship AI Company President Paul Allen.
  • BYTE and Airship AI expect to announce additional details regarding the proposed business combination when a definitive merger agreement is executed.
  • Roth Capital Partners is advising Airship AI in connection with the potential business combination.

BYTE Acquisition Corp. Announces Postponement of Extraordinary General Meeting Date

Retrieved on: 
Wednesday, December 7, 2022

BYTE Acquisition Corp. (Nasdaq: BYTS) (the Company), a blank-check company formed for the purpose of acquiring or merging with one or more businesses, today announced that the extraordinary general meeting of its shareholders (the Extraordinary General Meeting) originally scheduled for Tuesday, December 20, 2022, is being postponed to a later date to be subsequently announced by press release.

Key Points: 
  • BYTE Acquisition Corp. (Nasdaq: BYTS) (the Company), a blank-check company formed for the purpose of acquiring or merging with one or more businesses, today announced that the extraordinary general meeting of its shareholders (the Extraordinary General Meeting) originally scheduled for Tuesday, December 20, 2022, is being postponed to a later date to be subsequently announced by press release.
  • The Company plans to continue to solicit proxies from shareholders during the period prior to the Extraordinary General Meeting.
  • Only the holders of the Companys Class A ordinary shares and Class B ordinary shares as of the close of business on November 17, 2022, the record date for the Extraordinary General Meeting, are entitled to vote at the Extraordinary General Meeting.
  • Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made.