12/12/2025 | Press release | Distributed by Public on 12/12/2025 16:28
Item 5.07. Submission of Matters to a Vote of Security Holders.
Airship AI Holdings, Inc. (the "Company") held its 2025 Annual Meeting of Stockholders on December 11, 2025. The results of the Annual Meeting are set forth below.
As of October 20, 2025, the record date, there were 34,175,563 shares of common stock outstanding eligible to vote at the meeting. Proxies representing 23,734,736 shares were received, or approximately 69.4% of the shares issued and outstanding and entitled to vote at the meeting; therefore, a quorum was present.
Each of the matters considered at the meeting was described in detail in the definitive proxy statement on Schedule 14A that the Company filed with the Securities and Exchange Commission on October 27, 2025.
Proposal No. 1 - To elect five directors to serve on the Board until the 2026 Annual Meeting of Stockholders.
The five director nominees proposed by the Company's Board of Directors were each re-elected to serve on the Board until the 2026 Annual Meeting of Stockholders or until their respective successors are duly elected and qualified. The final voting results for each nominee were as follows:
|
Election of Directors - Victor Huang |
For |
15,647,164 |
|
Withheld |
1,463,310 |
|
|
Broker Non-Votes |
6,624,262 |
|
|
Election of Directors - Derek Xu |
For |
16,507,200 |
|
Withheld |
603,274 |
|
|
Broker Non-Votes |
6,624,262 |
|
|
Election of Directors - Peeyush Ranjan |
For |
14,764,862 |
|
Withheld |
2,345,612 |
|
|
Broker Non-Votes |
6,624,262 |
|
|
Election of Directors - Louis Lebedin |
For |
16,143,929 |
|
Withheld |
966,545 |
|
|
Broker Non-Votes |
6,624,262 |
|
|
Election of Directors - Amit Mital |
For |
16,209,742 |
|
Withheld |
900,732 |
|
|
Broker Non-Votes |
6,624,262 |
Proposal No. 2 - To ratify the appointment of BPM, LLP of Santa Rosa, CA as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2025
Stockholders voted to ratify the appointment of BPM, LLP of Santa Rosa, CA as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2025. The final voting results were as follows:
|
Ratification of BPM LLP as the independent registered |
For |
23,115,984 |
|
public accounting firm |
Against |
495,976 |
|
Withheld |
122,775 |
Proposal No. 3 - To approve an amendment to the Airship AI Holdings, Inc. 2023 Amended and Restated Equity Incentive Plan, to increase the number of shares of the Company's common stock authorized for issuance pursuant to awards granted under the plan by 2,000,000 shares
Stockholders voted to approve an amendment to the Equity Incentive Plan, to increase the number of shares of the Company's common stock authorized for issuance pursuant to awards granted under the plan by 2,000,000 shares. The final voting results were as follows:
|
Approve the Airship AI Holdings, Inc. 2023 Amended and Restated |
For |
14,349,047 |
|
Equity Incentive Plan, to increase the number of shares of the |
Against |
2,699,517 |
|
Company's common stock authorized for issuance pursuant to |
Withheld |
61,910 |
|
awards granted under the plan by 2,000,000 shares |
Broker Non-Votes |
6,624,262 |
| 2 |