White & Case Advises BYTE Acquisition Corp. on Business Combination with Airship AI Holdings, Inc.
2 min read
Global law firm White & Case LLP has advised special purpose acquisition company BYTE Acquisition Corp. (Nasdaq: BYTS), on its entry into a definitive agreement for a business combination with Airship AI Holdings, Inc., a robust AI-driven edge video, sensor and data management platform for government agencies and enterprises, for a pre-money equity value of US$225 million, that will result in Airship AI becoming a public company. Upon closing of the transaction, the combined company is expected to be listed on Nasdaq under the ticker symbol AISP.
Airship AI's products gather unstructured data from surveillance cameras and sensors, applies artificial intelligence analytics and provides visualization tools to improve decision making in mission critical environments. The company aims to improve public safety and operational efficiency for the public sector and commercial customers by providing predictive analysis of events before they occur and meaningful intelligence to decision makers.
The White & Case team was led by M&A partner Matthew Kautz, Capital Markets partner Elliott Smith and associates Annabelle Healey and Melissa Curvino (all in New York). The team also included M&A associates Zachary Smith, Elizabeth Fakhoury and Jake Law (all in Chicago); Capital Markets associates Joanna Heinz, Audrey Bae and Allieana Bao (all in New York); Antitrust partner Rebecca Farrington, and associates Allain Andry (both in Washington, DC) and Cassandra Calderon (New York); Technology Transactions partner Arlene Arin Hahn, and associates Nashel Jung, Alina Dvorovenko and Jordan Hill (all in New York); Tax partner Steven Gee (New York) and associate Neil Clausen (Houston); Data, Privacy & Cybersecurity partner F. Paul Pittman (Washington, DC), and associates Abdul Hafiz (New York) and Yuhan Wang (Silicon Valley); Employment, Compensation & Benefits partner Victoria Rosamond, counsel Aaron Feuer and associates Anthony Veveakis, Daniel Levin (all in New York) and Arianna Skipper (Miami); Foreign Direct Investment partner Farhad Jalinous and counsel Ryan Brady (both in Washington, DC); and Real Estate partner Steven Lutt (New York) and counsel Amy Kurland (Chicago).
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