BYTE Acquisition Corp. and Airship AI Holdings, Inc. Announce Filing Of Definitive Proxy Statement And Extraordinary General Meeting On December 15, 2023 To Vote On Business Combination

Extraordinary General Meeting of BYTE Acquisition Corp. ("BYTE") Shareholders to Approve the Proposed Business Combination with Airship AI Holdings, Inc. ("Airship AI"), will be Held on December 15, 2023, at 4:30 p.m. ET

Shareholders, as of the Close of Business on the Record Date of November 21, 2023, are Encouraged to Vote Their Shares

BYTE's Board of Directors Recommends Shareholders Vote "FOR" All of the Proposals at the Extraordinary General Meeting

For More Information, BYTE's Shareholders are Encouraged to Carefully Read the Entire Definitive Proxy Statement Filed in Connection with the Proposed Business Combination

BYTE Acquisition Corp. (NASDAQ:BYTS), a special purpose acquisition company ("BYTE"), and Airship AI Holdings, Inc. ("Airship AI"), a robust AI-driven data management platform that solves complex data challenges for large institutions operating in dynamic and mission-critical environments with rapidly increasing volumes of data being ingested from a similarly rapidly growing number of data sources, today announced that BYTE's definitive proxy statement/prospectus (the "Proxy Statement/Prospectus") relating to the previously announced proposed business combination (the "Business Combination") with Airship AI has been filed with the U.S. Securities and Exchange Commission (the "SEC") on December 5, 2023.

The filing of the definitive Proxy Statement/Prospectus is an important step in Airship AI becoming a publicly traded company, with the goal of being listed on the Nasdaq at the close of the transaction.

BYTE will commence mailing of the Proxy Statement/Prospectus, which contains a notice and voting instruction form or a proxy card relating to the extraordinary general meeting of the BYTE shareholders (the "Extraordinary General Meeting"), to BYTE shareholders of record as of the close of business on the record date of November 21, 2023.

The Extraordinary General Meeting to approve the Business Combination is scheduled to be held on December 15, 2023, at 4:30 p.m. ET. The Extraordinary General Meeting will be held virtually and can be accessed via a live audio webcast at https://www.cstproxy.com/byteacquisition/egm2023. If the proposals at the Extraordinary General Meeting are approved, the parties anticipate that the Business Combination will close shortly thereafter, subject to the satisfaction or waiver, as applicable, of all other closing conditions.

Upon closing of the Business Combination, the combined entity is expected to be listed on Nasdaq under the ticker symbol "AISP".

Every shareholder's vote matters, regardless of the number of shares held. Accordingly, BYTE encourages shareholders to vote by submitting their proxies as soon as possible and by no later than 11:59 p.m. EST on December 14, 2023, to ensure that the shareholder's shares will be represented at the Extraordinary General Meeting. Proxies may be submitted by Internet or mail. Additional instructions may be found in the Proxy Statement/Prospectus and on the proxy card. BYTE's board of directors unanimously recommends that shareholders vote "FOR" the Business Combination with Airship AI and all other proposals at the Extraordinary General Meeting. Shareholders who hold shares in "street name" (i.e., those shareholders whose shares are held of record by a broker, bank, or other nominee) should contact their broker, bank, or nominee to ensure that their shares are voted.