---
schema_version: "secwatch.filing_event.v1"
accession: "0001829126-23-008022"
form_type: "8-K"
ticker: "AERT"
cik: "0001853044"
company_name: "Aeries Technology, Inc."
filed_at: "2023-12-13T23:59:59+00:00"
generated_at: "2026-06-07T13:38:00.357983+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Aeries Technology restates AARK carve-out financials; control deficiency identified

## Summary
- Issued 361,338 Class A shares to vendors/third parties in lieu of cash for business combination expenses.
- Restating AARK carve-out financials for fiscal years 2022-2023 and interim periods due to EPS and share count errors from a 1,000-for-1 stock split.
- Previously filed financial statements in 8-Ks (Nov 13, Nov 30) and S-4 should no longer be relied upon.
- CEO and CFO found control deficiency from lack of inter-entity communication; implementing remediation measures.

## SEC filing metadata
- accession: 0001829126-23-008022
- form_type: 8-K
- ticker: AERT
- cik: 0001853044
- company_name: Aeries Technology, Inc.
- filed_at: 2023-12-13T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 3.02, 4.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1853044/000182912623008022/0001829126-23-008022-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1853044/000182912623008022/aeriestechnology_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001829126-23-008022
- JSON: https://secwatch.observer/filing/0001829126-23-008022.json
- Plain text: https://secwatch.observer/filing/0001829126-23-008022.txt

## Key facts
- Auditor Changes
  Aeries Technology, Inc. reported that prior financial statements should not be relied upon.
  - Action: non reliance
  - Auditor: KNAV CPA LLP (formerly known as KNAV P.A.)
  source text: the audit report on the carve-out consolidated financial statements of AARK as of and for the year ended March 31, 2023 and March 31, 2022, issued by KNAV CPA LLP (formerly known as KNAV P.A.), AARK’s independent registered public accounting firm (the “Independent Accountants”) included in the Company’s Current Report on Form 8-K filed on November 13, 2023 and the Company’s initial registration statements on Form S-4 and S-4/A filed in connection with the Company’s initial business combination should no longer be relied upon.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1853044/000182912623008022/0001829126-23-008022-index.htm

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