--- schema_version: "secwatch.filing_event.v1" accession: "0001829126-23-007121" form_type: "8-K" ticker: "AERT" cik: "0001853044" company_name: "Aeries Technology, Inc." filed_at: "2023-11-06T23:59:59+00:00" generated_at: "2026-06-08T21:29:17.321126+00:00" event_type: "other_material" sentiment: "positive" materiality_score: 0.8 calibrated_materiality_score: 0.8 confidence: "high" source: SEC EDGAR --- # WWAC enters new FPA, amendments, and non-redemption deal to secure funding for Aeries merger ## Summary - New Forward Purchase Agreement with Meteora Capital for up to 250,000 Class A shares on same terms as prior FPAs. - Amendments to existing FPAs allow purchase of Additional Shares subject to 9.9% ownership cap. - Non-Redemption Agreement with Meteora reverses up to 103,306 redeemed shares; ATI to pay (Redemption Price - $4.84) per share. - Subscription agreements with certain Sellers for Class A shares at redemption price less Recycled Shares, capped at 9.9%. - Upon closing of business combination, WWAC will have 15,257,669 Class A shares and one Class V share outstanding. ## SEC filing metadata - accession: 0001829126-23-007121 - form_type: 8-K - ticker: AERT - cik: 0001853044 - company_name: Aeries Technology, Inc. - filed_at: 2023-11-06T23:59:59+00:00 - event_type: other_material - sentiment: positive - materiality_score: 0.8 - calibrated_materiality_score: 0.8 - confidence: high - sec_items: 1.01, 3.02, 8.01, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1853044/000182912623007121/0001829126-23-007121-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1853044/000182912623007121/worldwidewebb_8k.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001829126-23-007121 - JSON: https://secwatch.observer/filing/0001829126-23-007121.json - Plain text: https://secwatch.observer/filing/0001829126-23-007121.txt ## Key facts - Material Agreements Aeries Technology, Inc. entered into Non-Redemption Agreement with Meteora Capital, LLC valued at Reverse redemption of up to 103,306 Class A ordinary shares (effective 2023-11-05). - Action: entry - Counterparty: Meteora Capital, LLC - Value: Reverse redemption of up to 103,306 Class A ordinary shares - Effective: 2023-11-05 source text: On November 5, 2023, WWAC entered into a non-redemption agreement (the " Non-Redemption Agreement ") with Meteora, pursuant to which Meteora agreed to reverse the redemption of up to 103,306 Class A ordinary shares of WWAC. evidence_url: https://www.sec.gov/Archives/edgar/data/1853044/000182912623007121/0001829126-23-007121-index.htm - Material Agreements Aeries Technology, Inc. amended Forward Purchase Agreement Amendment with certain FPA Parties valued at Purchase of Additional Shares subject to 9.9% ownership limitation (effective 2023-11-05). - Action: amendment - Counterparty: certain FPA Parties - Value: Purchase of Additional Shares subject to 9.9% ownership limitation - Effective: 2023-11-05 source text: On November 5, 2023 and November 6, 2023, WWAC entered into amendments to the Forward Purchase Agreements (each, a " Forward Purchase Agreement Amendment ") with certain of the FPA Parties. evidence_url: https://www.sec.gov/Archives/edgar/data/1853044/000182912623007121/0001829126-23-007121-index.htm - Material Agreements Aeries Technology, Inc. entered into Subscription Agreement with certain Sellers valued at Purchase of Class A ordinary shares up to Maximum Number of Shares (effective 2023-11-05). - Action: entry - Agreement: equity purchase - Counterparty: certain Sellers - Value: Purchase of Class A ordinary shares up to Maximum Number of Shares - Effective: 2023-11-05 source text: On November 5, 2023 and November 6, 2023, WWAC entered into subscription agreements (each, a " Subscription Agreement ") with certain of the Sellers (in such capacity, each, a " Subscriber "), pursuant to which the Subscriber agreed to purchase from WWAC that number of shares of Class A ordinary shares, par value $0.0001 per share, of WWAC up to the Maximum Number of Shares for a purchase price per share equal to the redemption price, as defined in Section 49.5 of the Amended and Restated Memorandum and Articles of Association of WWAC, effective as of October 19, 2021, less the number of Recycled Shares evidence_url: https://www.sec.gov/Archives/edgar/data/1853044/000182912623007121/0001829126-23-007121-index.htm - Material Agreements Aeries Technology, Inc. entered into Forward Purchase Agreement with Meteora Capital, LLC valued at Up to 250,000 Class A ordinary shares (effective 2023-11-05). - Action: entry - Counterparty: Meteora Capital, LLC - Value: Up to 250,000 Class A ordinary shares - Effective: 2023-11-05 source text: On November 5, 2023, WWAC entered into a Forward Purchase Agreement with Meteora Capital, LLC (" Meteora " and, together with the Sellers, the " FPA Parties ") on the same terms as the Forward Purchase Agreements previously entered into by WWAC on November 3, 2023, pursuant to which Meteora intends, but is not obligated, to purchase up to 250,000 Class A ordinary shares, par value $0.0001 per share, of WWAC. evidence_url: https://www.sec.gov/Archives/edgar/data/1853044/000182912623007121/0001829126-23-007121-index.htm - Material Agreements Aeries Technology, Inc. entered into Forward Purchase Agreement with Sea Otter Trading, LLC valued at Up to 250,000 Class A ordinary shares (effective 2023-11-03). - Action: entry - Counterparty: Sea Otter Trading, LLC - Value: Up to 250,000 Class A ordinary shares - Effective: 2023-11-03 source text: WWAC entered into forward purchase agreements (each, a " Forward Purchase Agreement ") with Sea Otter Trading, LLC, clients of Sandia Investment Management LP and YA II PN, Ltd. (each, a " Seller ") for an OTC Equity Prepaid Forward Transaction. evidence_url: https://www.sec.gov/Archives/edgar/data/1853044/000182912623007121/0001829126-23-007121-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.