---
schema_version: "secwatch.filing_event.v1"
accession: "0001829126-24-002425"
form_type: "8-K"
ticker: "AERT"
cik: "0001853044"
company_name: "Aeries Technology, Inc."
filed_at: "2024-04-12T23:59:59+00:00"
generated_at: "2026-06-03T23:34:36.871758+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Aeries Technology raises $5M via PIPE at $2.21/share with institutional investor

## Summary
- Issued 2,261,778 new Class A ordinary shares at $2.21 per share to Oyster Bay Fund Limited.
- Gross proceeds $5M; net proceeds ~$4.75M after 5% placement agent commission.
- Beneficial ownership limitation set at 4.99% (or 9.99% at investor election).
- Proceeds to be used for general corporate and working capital purposes.

## SEC filing metadata
- accession: 0001829126-24-002425
- form_type: 8-K
- ticker: AERT
- cik: 0001853044
- company_name: Aeries Technology, Inc.
- filed_at: 2024-04-12T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1853044/000182912624002425/0001829126-24-002425-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1853044/000182912624002425/aeriestechnology_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001829126-24-002425
- JSON: https://secwatch.observer/filing/0001829126-24-002425.json
- Plain text: https://secwatch.observer/filing/0001829126-24-002425.txt

## Key facts
- Material Agreements
  Aeries Technology, Inc. entered into Share Subscription Agreement with institutional accredited investor valued at 2,261,778 newly issued Class A ordinary shares at $2.21 per share; net proceeds approx. $4.75 millio (effective 2024-04-08).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: institutional accredited investor
  - Value: 2,261,778 newly issued Class A ordinary shares at $2.21 per share; net proceeds approx. $4.75 millio
  - Effective: 2024-04-08
  source text: On April 8, 2024, Aeries Technology, Inc. (the “Company”) entered into a Share Subscription Agreement (the “Agreement”) with an institutional accredited investor named in the Agreement (the “Investor”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1853044/000182912624002425/0001829126-24-002425-index.htm

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