secwatch.observer — SEC 8-K summary
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Issuer:     Aeries Technology, Inc. (AERT)
CIK:        0001853044
Form:       8-K
Filed at:   2023-04-12T23:59:59+00:00
Accession:  0001193125-23-099176
Event type: other_material
Sentiment:  neutral
Materiality: 0.25
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Worldwide Webb amends lock-up to 150 days post-combination; caps admin fees at $160K
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- Lock-up period for certain shares changed to earlier of 150 days after business combination or subsequent liquidation event.
- Administrative services fee capped at $160,000 total, with monthly payments of $10,000.
- Amendments effective at closing of proposed business combination with Aark Singapore Pte. Ltd. (Aeries).
- Amendments apply to investment agreements with sponsor and investors and to insider letter agreement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1853044/000119312523099176/0001193125-23-099176-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1853044/000119312523099176/d443359d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-099176

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer