---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-269978"
form_type: "8-K"
ticker: "AERT"
cik: "0001853044"
company_name: "Aeries Technology, Inc."
filed_at: "2023-11-03T23:59:59+00:00"
generated_at: "2026-06-08T22:43:07.313640+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# WWAC enters forward purchase and non-redemption agreements for up to ~3M shares and 1.24M redemption reversals

## Summary
- Forward Purchase Agreement allows Seller to buy up to 3,000,000 WWAC Class A shares at trust redemption price.
- Prepayment amount from WWAC's trust account paid at close; optional early termination with reset price adjustment.
- Non-Redemption Agreement lets Seller reverse redemption of up to 1,239,670 shares, paying $4.84 below redemption price per share.
- Break-up fee of $50,000 payable if Counterparty terminates after Recycled Shares are purchased.
- Both agreements support the pending business combination with Aeries Technology.

## SEC filing metadata
- accession: 0001193125-23-269978
- form_type: 8-K
- ticker: AERT
- cik: 0001853044
- company_name: Aeries Technology, Inc.
- filed_at: 2023-11-03T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1853044/000119312523269978/0001193125-23-269978-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1853044/000119312523269978/d583283d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-269978
- JSON: https://secwatch.observer/filing/0001193125-23-269978.json
- Plain text: https://secwatch.observer/filing/0001193125-23-269978.txt

## Key facts
- Material Agreements
  Aeries Technology, Inc. entered into Forward Purchase Agreement with Sea Otter Trading, LLC Sandia Investment Management LP and YA II PN, Ltd. valued at Up to 3,000,000 Class A ordinary shares, par value $0.0001 per share (effective 2023-11-03).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: Sea Otter Trading, LLC Sandia Investment Management LP and YA II PN, Ltd.
  - Value: Up to 3,000,000 Class A ordinary shares, par value $0.0001 per share
  - Effective: 2023-11-03
  source text: On November 3, 2023, WWAC entered into a forward purchase agreement (the “ Forward Purchase Agreement ”) with Sea Otter Trading, LLC Sandia Investment Management LP and YA II PN, Ltd. (collectively, “ Seller ”) for an OTC Equity Prepaid Forward Transaction.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1853044/000119312523269978/0001193125-23-269978-index.htm

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