InsiderTrades

Form 4 for AISP Airship AI Holdings, Inc.

Accepted 2023-08-21 00:00:00 ET · period of report 2023-08-21 · accession 0001213900-23-069412 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X Filed Traded Ticker Insider Title Type Price Qty Owned ΔOwn Value
D 2023-08-21 2023-08-21 AISP Byte Holdings GP Corp. 10% P - Purchase $10.57 +500.0K 8.59M +6% +$5.29M
D 2023-08-21 2023-06-26 AISP Byte Holdings GP Corp. 10% J - Other $0.00 +1 1 New $0

Purchase Sale Sale after option exercise All abbreviations

Every reported transaction

#TableSecurityDateCodeA/DSharesPriceOwned afterOwnExercise / expiryUnderlyingFootnotes
1 Common Class A Ordinary Shares, par value $0.0001 per share 2023-08-21 P A 500,000 $10.57 8,592,313 D — — (F1) Pursuant to the Non-Redemption Agreement dated August 1, 2023 between Byte Holdings LP ("Sponsor"), Byte Acquisition Corp. ("Company"), and Airship AI Holdings, Inc., the Sponsor agreed to acquire from shareholders of the Company $6 million in aggregate value of the Company's Class A ordinary shares, par value $0.0001 per share ("Class A Shares"), either in the open market or through privately negotiated transactions, at a price no higher than the redemption price per share that would be payable to public shareholders who exercise their redemption rights. On August 21, 2023, the Sponsor acquired an aggregate of 500,000 Class A Shares in privately negotiated transactions at a price per share of $10.565, for an aggregate purchase price of $5,282,500. (F3) The securities are held directly by the Sponsor and the members of BYTE Acquisition Corp.'s management team are among the limited partners of the Sponsor. Byte Holdings GP Corp. is the general partner of the Sponsor, and Kobi Rozengarten and Vadim Komissarov are the sole directors of Byte Holdings GP Corp. and share voting and investment discretion with respect to the ordinary shares held of record by the Sponsor. Pursuant to Rule 16a-1(a)(4) under the Exchange Act, this filing shall not be deemed an admission that the Reporting Person is, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owner of any equity securities in excess of its respective pecuniary interests. (F2) This form is being filed by the following reporting persons: Byte Holdings LP and each of Byte Holdings GP Corp., Vadim Komissaorv and Kobi Rozengarten (and together with the Sponsor, the "Reporting Persons"). Because of the relationships among the Reporting Persons described in footnote 3, the Reporting Persons may be deemed to beneficially own the securities reported herein to the extent of their respective pecuniary interests. Each Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein, if any.
2 Derivative Class B Ordinary Shares, par value $0.0001 per share 2023-06-26 J A 1 $0.00 1 D — · — to — 1 Class A Ordinary Shares, par value $0.0001 per share (F5) The Company's Class B ordinary shares, par value $0.0001 per share ("Class B Shares") are (i) convertible into Class A Shares at the holder's election on a one-for-one basis and (ii) automatically convertible into Class A Shares at the time of the closing of Company's initial business combination on a one-for-one basis, in each case subject to adjustment pursuant to certain anti-dilution rights, and have no expiration date. (F6) On June 26, 2023, the Company issued one Class B Share to the Sponsor for no consideration for administrative purposes. Pursuant to the merger agreement dated as of June 27, 2023 between the Company, Airship AI Holdings, Inc., and the other parties thereto, Sponsor will surrender the Class B Share to the Issuer for no consideration immediately following shareholder approval of the business combination and related matters.