White & Case Advises BYTE Acquisition Corp. on Merger with Airship AI Holdings Inc.

Press Release
2 min read

Global law firm White & Case LLP has advised special purpose acquisition company BYTE Acquisition Corp. on the completion of its merger with Airship AI Holdings, Inc., a robust AI-driven edge video, sensor and data management platform for government agencies and enterprises, and the listing of the combined company on Nasdaq. The new company is operating as Airship AI Holdings, Inc, and its shares and warrants began trading on December 22, 2023 under the ticker symbols "AISP" and "AISPW," respectively.

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. As a public company, Airship AI is better positioned to take a significant share of the approximately US$7 billion edge AI software and hardware addressable market, which is projected to grow to over US$40 billion in 2030. 

The White & Case team was led by Capital Markets partner Elliott Smith and M&A partner Matthew Kautz, 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 counsel Melinda Anderson and associates Joanna Heinz, Audrey Bae and Kara Maynard Guio (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 associate Nashel Jung (both 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 associate Anthony Veveakis (all in New York), White Collar partner Daniel Levin (Washington, DC) and associate 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).

Press contact
For more information please speak to your local media contact.