Airship AI Holdings, Inc.

Software - Infrastructure • Technology • Redmond, WA, United States • AISPW (NCM)

877 462 4250 8210 154th Ave NE, Redmond, WA 98052, United States

Quarter: Q4 2025 Reported: December 12, 2025 Sentiment: Neutral

Airship AI Holdings, Inc. provides artificial intelligence (AI)-driven data management surveillance platforms in the United States. The company offers Outpost AI, which structures and analyzes data at the source using Airship AI trained models; Acropolis, an enterprise management software; and Airship Command, a suite of visualization tools that allows customers to interact with their data and devices. Its Acropolis products include Acropolis Commercial for various small and medium businesses, including schools, hospitals, casinos, logistics, and retail establishments; and Acropolis Law for the law enforcement, defense, and intelligence sectors. The company also provides professional services, such as custom model training, custom integrations, and workflow enhancement services, as well as technical support and software maintenance services. It serves the government, enterprises, law enforcement, military, and commercial enterprise organizations. Airship AI Holdings, Inc. was founded in 2006 and is headquartered in Redmond, Washington.

Analysis Summary

The 2025 Annual Meeting of Stockholders for Airship AI Holdings, Inc., held on December 11, 2025, saw significant shareholder participation with 69.4% of outstanding shares represented. All three proposals presented by the Company's Board of Directors received majority approval.

Director Elections: All five director nominees—Victor Huang, Derek Xu, Peeyush Ranjan, Louis Lebedin, and Amit Mital—were re-elected to serve until the 2026 Annual Meeting. Victor Huang received 15,647,164 "For" votes, Derek Xu 16,507,200, Peeyush Ranjan 14,764,862, Louis Lebedin 16,143,929, and Amit Mital 16,209,742. This indicates stable leadership and shareholder confidence in the current board.

Auditor Ratification: Stockholders overwhelmingly ratified the appointment of BPM, LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2025, with 23,115,984 "For" votes against 495,976 "Against" votes.

Equity Incentive Plan Amendment: A key strategic approval was the amendment to the 2023 Amended and Restated Equity Incentive Plan, increasing the authorized shares for issuance by 2,000,000. This proposal passed with 14,349,047 "For" votes, providing the company with additional flexibility to grant equity awards, which is crucial for attracting, retaining, and incentivizing key employees and aligning their interests with long-term shareholder value.

Financial Performance & Guidance: It is important to note that this 8-K filing is a report on the outcomes of the Annual Meeting of Stockholders and does not contain any information regarding the company's financial performance, revenue, earnings, EPS, or forward-looking guidance for Q4 2025 or any other period. Therefore, a financial analysis based on these metrics cannot be provided from this document.

Risk Factors: No specific risk factors related to business operations or financial performance were discussed or disclosed in this filing, as its scope is limited to the shareholder voting results.

Key Highlights

• All five director nominees were re-elected to the Board until the 2026 Annual Meeting.
• BPM, LLP was ratified as the independent registered public accounting firm for fiscal year 2025.
• Shareholders approved an amendment to the Equity Incentive Plan, increasing authorized shares by 2,000,000.
• A quorum of approximately 69.4% of outstanding shares was present at the meeting.
• The document is an 8-K filing detailing shareholder meeting results, not an earnings report.

Financial Metrics

eps

revenue

guidance

net income

Stock Performance (90 Days)

Data through May 18, 2026

Positive Signals

• High shareholder participation with a 69.4% quorum.
• Unanimous re-election of all five director nominees, indicating stable leadership.
• Overwhelming ratification of the independent auditor.
• Approval of increased shares for the Equity Incentive Plan, supporting talent retention and incentives.
• Smooth execution of corporate governance procedures with all proposals passing.

Risks & Concerns

— No financial or operational risk factors were discussed or disclosed in this 8-K filing.
— The document is limited to reporting shareholder voting results and does not provide insights into business-specific risks or challenges.