---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-265625"
form_type: "8-K"
ticker: "AERT"
cik: "0001853044"
company_name: "Aeries Technology, Inc."
filed_at: "2023-10-30T23:59:59+00:00"
generated_at: "2026-06-09T06:14:17.645310+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# WWAC signs $3M PIPE, amends merger terms with AARK, reduces lock-up to 80%

## Summary
- PIPE investor to buy 620K Class A shares for $3,000,800 ($4.84/share); closes with the business combination.
- Third Amendment to merger agreement: 3M Class A shares to Innovo at close; up to 20% exchange pre-April 2024.
- Transfer restrictions on Founder Shares and Transferred Shares reduced to 80% after closing.
- Equity Incentive Plan pool set at 9,031,027 shares, auto-increases to 10% of fully diluted equity annually.
- Annual Meeting to vote on business combination scheduled Nov 2, 2023; S-4 effective Oct 17.

## SEC filing metadata
- accession: 0001193125-23-265625
- form_type: 8-K
- ticker: AERT
- cik: 0001853044
- company_name: Aeries Technology, Inc.
- filed_at: 2023-10-30T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1853044/000119312523265625/0001193125-23-265625-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1853044/000119312523265625/d575877d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-265625
- JSON: https://secwatch.observer/filing/0001193125-23-265625.json
- Plain text: https://secwatch.observer/filing/0001193125-23-265625.txt

## Key facts
- Material Agreements
  Aeries Technology, Inc. entered into Subscription Agreement with a certain investor (the “PIPE Investor”) valued at an aggregate purchase price of $3,000,800 (effective 2023-10-28).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: a certain investor (the “PIPE Investor”)
  - Value: an aggregate purchase price of $3,000,800
  - Effective: 2023-10-28
  source text: On October 28, 2023, in connection with the Business Combination, WWAC entered into a subscription agreement (the “Subscription Agreement”) with a certain investor (the “PIPE Investor”), pursuant to which, among other things, the PIPE Investor has agreed to subscribe for and purchase from WWAC, and WWAC has agreed to issue and sell to the PIPE Investor, an aggregate of 620,000 newly issued Class A ordinary shares for an aggregate purchase price of $3,000,800
  evidence_url: https://www.sec.gov/Archives/edgar/data/1853044/000119312523265625/0001193125-23-265625-index.htm
- Material Agreements
  Aeries Technology, Inc. amended Amendment No. 3 to the Business Combination Agreement with WWAC, Amalgamation Sub and AARK (effective 2023-10-29).
  - Action: amendment
  - Agreement: merger
  - Counterparty: WWAC, Amalgamation Sub and AARK
  - Effective: 2023-10-29
  source text: On October 29, 2023, WWAC, Amalgamation Sub and AARK entered into Amendment No. 3 to the Business Combination Agreement (the “ Third Amendment ”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1853044/000119312523265625/0001193125-23-265625-index.htm

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