secwatch.observer — SEC 8-K summary
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Issuer:     Aeries Technology, Inc. (AERT)
CIK:        0001853044
Form:       8-K
Filed at:   2026-01-28T23:59:59+00:00
Accession:  0001829126-26-000686
Event type: debt
Sentiment:  negative
Materiality: 0.65
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Aeries Technology amends Sandia forward purchase agreement; $1.8M outstanding with 15% interest
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- Outstanding amount of $1,812,063.23 recognized under amended Letter Agreement with Sandia.
- Amortization: $100,000 on March 31, 2026, then $75,000 monthly until paid in full.
- Interest accrues at 15% per annum, payable monthly starting January 2026 on the reduced balance.
- Designated Period for share sell-down extended until the Outstanding Amount is fully paid.
- Upon payment, Sandia returns or cancels shares valued at $1 per share; excess proceeds above $1.05 refunded.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1853044/000182912626000686/0001829126-26-000686-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1853044/000182912626000686/aeriestech_8k.htm
  HTML page:      https://secwatch.observer/filing/0001829126-26-000686

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