---
schema_version: "secwatch.filing_event.v1"
accession: "0001829126-24-008019"
form_type: "8-K"
ticker: "AERT"
cik: "0001853044"
company_name: "Aeries Technology, Inc."
filed_at: "2024-12-04T23:59:59+00:00"
generated_at: "2026-05-29T08:57:41.325692+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Aeries Tech resets forward purchase to $0.25, CFO Nair terminated, CEO becomes interim CFO, pay cuts of 29%

## Summary
- Amended forward purchase agreement sets Reset Price at $0.25/share; maturity extended to 14 months post-Nov 2023 business combination.
- CFO Rajeev Nair terminated effective Nov 29, 2024; CEO Sudhir Appukuttan Panikassery appointed interim CFO effective Nov 30.
- Maulik Doshi appointed interim principal accounting officer; previously financial controller for Aeries Technology Group since Jan 2020.
- Temporary base salary reductions: CEO 29%, Ajay Khare 20%, Unni Nambiar 17%, effective Dec 1, 2024 to Apr 1, 2025.

## SEC filing metadata
- accession: 0001829126-24-008019
- form_type: 8-K
- ticker: AERT
- cik: 0001853044
- company_name: Aeries Technology, Inc.
- filed_at: 2024-12-04T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1853044/000182912624008019/0001829126-24-008019-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1853044/000182912624008019/aeriestech_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001829126-24-008019
- JSON: https://secwatch.observer/filing/0001829126-24-008019.json
- Plain text: https://secwatch.observer/filing/0001829126-24-008019.txt

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