Aeries Technology receives Nasdaq bid-price deficiency notice; cure period until Aug 19, 2025

Aeries Technology, Inc.

Nasdaq notified AERT on Feb 20, 2025 that shares closed below $1.00 for 30 consecutive business days through Feb 19.
Company has 180 calendar days, until August 19, 2025, to regain compliance; shares continue trading on Nasdaq.
To cure, bid price must close at or above $1.00 for at least 10 consecutive business days before Compliance Date.
If not cured by Aug 19, AERT may seek an additional 180-day period or effect a reverse stock split.
Company will monitor and evaluate options but provides no assurance of regaining compliance.

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