8-K
filed November 3, 2023, 7:59 PM ET
ticker AERT
CIK 0001853044
M&A
confidence high
sentiment positive
materiality 0.85
WWAC shareholders approve business combination with Aeries Technology; closing expected Nov 6
Aeries Technology, Inc.
- 99.87% of votes cast (81.71% of outstanding shares) approved the business combination.
- Shareholders elected to redeem 3,699,291 Class A shares; non-redemption agreements reversed 1,549,587 redemptions.
- Combined company to be named Aeries Technology, Inc.; to trade on Nasdaq as AERT and AERTW starting Nov 7, 2023.
- Closing of the business combination anticipated on or about November 6, 2023.
- Post-closing board includes Sudhir Panikassery, Daniel Webb, Venu Kumar, Alok Kochhar, Biswajit Dasgupta, Nina Shapiro, Ramesh Venkataraman.
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Aeries Technology, Inc. shareholders approved Governing Documents Proposal A - amendment to change authorized capital stock at the 2023-11-02 meeting.
- Outcome
- passed
- Meeting
- 2023-11-02
Exact text from the filing
Governing Documents Proposal A was approved, having received "for" votes from at least a majority of the votes cast by the holders of the WWAC Ordinary Shares represented in person or by proxy and entitled to vote at the Meeting.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Aeries Technology, Inc. shareholders approved Charter Proposal - approval of amendment and restatement of Amended and Restated Memorandum and Articles of Association at the 2023-11-02 meeting.
- Proposal
- charter amendment
- Outcome
- passed
- Meeting
- 2023-11-02
Exact text from the filing
The Charter Proposal was approved, having received "for" votes from a majority of at least two-thirds of votes cast by the holders of the WWAC Ordinary Shares represented in person or by proxy and entitled to vote at the Meeting.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Aeries Technology, Inc. shareholders approved Business Combination Proposal - to approve and adopt the Business Combination Agreement and the transactions contemplated thereby at the 2023-11-02 meeting.
- Proposal
- merger approval
- Outcome
- passed
- Meeting
- 2023-11-02
Exact text from the filing
The Business Combination Proposal was approved, having received "for" votes from at least a majority of the votes cast by the holders of the WWAC Ordinary Shares represented in person or by proxy and entitled to vote at the Meeting.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.4
Aeries Technology, Inc. shareholders approved Governing Documents Proposal C - certain other changes in connection with replacement of memorandum and articles, including name change and perpetual existence at the 2023-11-02 meeting.
- Outcome
- passed
- Meeting
- 2023-11-02
Exact text from the filing
Proposal No. For Against Abstentions 5. 8
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Aeries Technology, Inc. shareholders approved Governing Documents Proposal B - amendment to provide voting rights provisions related to ATI Class V ordinary share at the 2023-11-02 meeting.
- Outcome
- passed
- Meeting
- 2023-11-02
Exact text from the filing
Governing Documents Proposal B was approved, having received "for" votes from at least a majority of the votes cast by the holders of the WWAC Ordinary Shares represented in person or by proxy and entitled to vote at the Meeting.
View on SEC.gov
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