8-K
filed October 25, 2021, 7:59 PM ET
ticker AERT
CIK 0001853044
other material
confidence high
sentiment neutral
materiality 0.80
Worldwide Webb Acquisition Corp. prices $200M IPO; $202M placed in trust
Aeries Technology, Inc.
- IPO of 20M units at $10/unit, gross proceeds of $200M; units trade on Nasdaq under "WWAC.U".
- Concurrent private placement of 8M warrants to sponsor at $1/warrant, raising additional $8M.
- Total proceeds of $202M deposited in trust pending initial business combination within 18 months.
- Appointed Lynne M. Laube, Tanner Ainge, Dave Crowder, Davis Smith as directors.
- Anchor investors purchased $198.6M of units and acquired 1.25M founder shares at $0.005/share from sponsor.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Davis Smith was appointed as Director at Aeries Technology, Inc..
- Action
- appointed
- Role
- Director
Exact text from the filing
Effective as of October 19, 2021, the following individuals were appointed to the board of directors of the Company: Lynne M. Laube, Tanner Ainge, Dave Crowder and Davis Smith.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Tanner Ainge was appointed as Director at Aeries Technology, Inc..
- Action
- appointed
- Role
- Director
Exact text from the filing
Effective as of October 19, 2021, the following individuals were appointed to the board of directors of the Company: Lynne M. Laube, Tanner Ainge, Dave Crowder and Davis Smith.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Dave Crowder was appointed as Director at Aeries Technology, Inc..
- Action
- appointed
- Role
- Director
Exact text from the filing
Effective as of October 19, 2021, the following individuals were appointed to the board of directors of the Company: Lynne M. Laube, Tanner Ainge, Dave Crowder and Davis Smith.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Lynne M. Laube was appointed as Director at Aeries Technology, Inc..
- Action
- appointed
- Role
- Director
Exact text from the filing
Effective as of October 19, 2021, the following individuals were appointed to the board of directors of the Company: Lynne M. Laube, Tanner Ainge, Dave Crowder and Davis Smith.
View on SEC.gov
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