---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-253164"
form_type: "8-K"
ticker: "AERT"
cik: "0001853044"
company_name: "Aeries Technology, Inc."
filed_at: "2023-10-10T23:59:59+00:00"
generated_at: "2026-06-10T02:50:35.601874+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Worldwide Webb enters non-redemption agreements covering 2.38M shares to extend deadline

## Summary
- Agreements with unaffiliated holders of 2,384,613 Class A shares to not redeem in support of extending the business combination deadline.
- Holders receive 1% of Non-Redeemed Shares as Commitment Shares, plus 1.5% for first monthly extension and 3% for each subsequent extension.
- Commitment and Monthly Extension Shares issued upon closing of a business combination; Sponsor forfeits equal number of Class B shares.
- Extension moves deadline from 24 to 25 months from IPO, with option for up to five additional one-month extensions (total 30 months).

## SEC filing metadata
- accession: 0001193125-23-253164
- form_type: 8-K
- ticker: AERT
- cik: 0001853044
- company_name: Aeries Technology, Inc.
- filed_at: 2023-10-10T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1853044/000119312523253164/0001193125-23-253164-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1853044/000119312523253164/d361081d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-253164
- JSON: https://secwatch.observer/filing/0001193125-23-253164.json
- Plain text: https://secwatch.observer/filing/0001193125-23-253164.txt

## Key facts
- Material Agreements
  Aeries Technology, Inc. entered into Non-Redemption Agreement with certain unaffiliated third parties valued at 2,384,613 Class A ordinary shares subject to non-redemption; Holder receives 1% of Non-Redeemed Shar (effective 2023-10-08).
  - Action: entry
  - Counterparty: certain unaffiliated third parties
  - Value: 2,384,613 Class A ordinary shares subject to non-redemption; Holder receives 1% of Non-Redeemed Shar
  - Effective: 2023-10-08
  source text: On October 8, 2023, Worldwide Webb Acquisition Corp. (the “Company” or “WWAC”) and Worldwide Webb Acquisition Sponsor, LLC (the “Sponsor”), the sponsor of the Company, entered into non-redemption agreements (each, a “Non-Redemption Agreement”) with certain unaffiliated third parties (each, a “Holder,” and collectively, the “Holders”) in exchange for the Holder or Holders agreeing either not to request redemption in connection with the Extensions (as defined below) or to reverse any previously submitted redemption demand in connection with the Extension with respect to an aggregate of 2,384,613 Class A ordinary shares, par value $0.0001 per share (the “Class A ordinary shares”, and such shares subject to each Non-Redemption Agreement, the “Non-Redeemed Shares”), of the Company sold in its initial public offering (the “IPO”) at the extraordinary general meeting called by the Company to, among other things, approve an amendment to the Company’s amended and restated memorandum and articles
  evidence_url: https://www.sec.gov/Archives/edgar/data/1853044/000119312523253164/0001193125-23-253164-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.