secwatch.observer — SEC 8-K summary
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Issuer:     Aeries Technology, Inc. (AERT)
CIK:        0001853044
Form:       8-K
Filed at:   2023-11-06T23:59:59+00:00
Accession:  0001829126-23-007121
Event type: other_material
Sentiment:  positive
Materiality: 0.80
Item codes: 1.01, 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WWAC enters new FPA, amendments, and non-redemption deal to secure funding for Aeries merger
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1853044/000182912623007121/0001829126-23-007121-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1853044/000182912623007121/worldwidewebb_8k.htm
  HTML page:      https://secwatch.observer/filing/0001829126-23-007121

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