“the Company notified Warrant holders that the Company has made the following adjustments to its outstanding Warrants, effective after the close of trading on June 11, 2026, as reflected in the Warrants upon the commencement of trading on June 12, 2026”
Governance Changes
Aeries Technology, Inc.: Filed Third Amended and Restated Memorandum and Articles of Association to effect a 1-for-8 share consolidation of Class A ordinary shares (effective 2026-06-12).
“On June 11, 2026, the Company filed its Third Amended and Restated Memorandum and Articles of Association (“A&R Articles”) with the Registrar of Companies in the Cayman Islands to effect the Share Consolidation.”
Earnings Releases
Aeries Technology, Inc. reported fiscal year ended March 31, 2026 results: revenue $70 million, net income $3.5 million. Guidance reaffirmed.
“Aeries Technology Reports Fiscal Year 2026 Results Reports Full-Year Revenue of $70 Million and Adjusted EBITDA of $8.3 Million, Exceeding Increased Adjusted EBITDA Guidance Range”
Listing & Compliance Notices
Aeries Technology, Inc. received a nasdaq delisting notice notice regarding minimum bid price (rules 5550(a)(2)).
“March 31, 2026, Aeries Technology, Inc. (the “Company”) received formal notice from the Listing Qualifications Staff (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company’s non-compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) (the “Bid Price Rule”) would result in the delisting of the Company’s securities from Nasdaq unless the Company timely requests a hearing before the Nasdaq Hearings Panel (the “Panel”). The Company intends to timely request a hearing before the Panel, which request will stay any further action by N”
Material Agreements
Aeries Technology, Inc. amended Amendment No. 2 to Letter Agreement with Sandia Investment Management LP valued at Outstanding Amount of $1,812,063.23, with amortization and interest terms (effective 2026-01-22).
“On January 22, 2026, Aeries Technology, Inc. (“Aeries” or the “Company”) entered into Amendment No. 2 (“Amendment No. 2”) to the Letter Agreement, dated September 16, 2025 (as amended, the “Letter Agreement”), by and between the Company and Sandia Investment Management LP (“Sandia”) with respect to that certain Confirmation of OTC Equity Prepaid Forward Transaction, dated as of November 3, 2023, by and between the Company and Sandia, as amended by that certain Forward Purchase Agreement Confirmation Amendment, dated as of November 3, 2023, as amended and restated by that certain Confirmation of OTC Equity Prepaid Forward Transaction, dated as of November 27, 2024 (as amended and restated, the “Forward Purchase Agreement”).”
Material Agreements
Aeries Technology, Inc. amended Amendment No. 1 with Sandia Investment Management LP (effective 2025-12-31).
“On December 31, 2025, Aeries Technology, Inc. (“Aeries” or the “Company”) entered into Amendment No. 1 (“Amendment No. 1”) to the Letter Agreement, dated September 16, 2025 (the “Letter Agreement”), by and between the Company and Sandia Investment Management LP (“Sandia”)”
Listing & Compliance Notices
Aeries Technology, Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2)).
“February 20, 2025, Aeries Technology, Inc. (the “Company”) received a written notice (the “Notice”) from the Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, for the 30 consecutive business days from December 31, 2024 to February 19, 2025, the Company’s Class A ordinary shares had not maintained a minimum closing bid price of $1.00 per share required for continued listing on The Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5550(a)(2) (the “Bid Price Rule”). The Notice does not impact the listing of the Company’s Clas”
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).
“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”).”
Earnings Releases
Aeries Technology, Inc. reported quarter ended December 31, 2023 results: revenue $18.9 million, net income $(16.3) million. Guidance reaffirmed.
“Aeries Technology Reports Results for Third Fiscal Quarter 2024 Revenues for the third fiscal quarter of 2024 were $18.9 million, up 49% compared with the same period in 2023”
Auditor Changes
Aeries Technology, Inc. engaged KNAV CPA LLP as its auditor.
“On February 1, 2024, the Audit Committee appointed KNAV CPA LLP (“KNAV”) as the successor independent registered public accounting firm.”
Auditor Changes
Aeries Technology, Inc. dismissed Marcum LLP as its auditor.
“On February 1, 2024, the Audit Committee of the Board of Directors (the “Audit Committee”) of Aeries Technology, Inc. (f/k/a Worldwide Webb Acquisition Corp., the “Company”) approved the dismissal of, and dismissed, Marcum LLP (“Marcum”) as the Company’s independent registered public accounting firm, effective as of February 1, 2024.”
Auditor Changes
Aeries Technology, Inc. reported that prior financial statements should not be relied upon.
“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.”
Earnings Releases
Aeries Technology, Inc. reported first fiscal half 2024 results: revenue $33.9 million, net income $1.4 million.
“Revenues for the first half of fiscal year 2024 was $33.9 million, up 34% compared to $25.3 million for the first half of fiscal year 2023.”
Earnings Releases
Aeries Technology, Inc. reported second fiscal quarter 2024 results: revenue $17.6 million, net income $926 thousand.
“Revenues for the second fiscal quarter of 2024 were $17.6 million, up 38% year-over-year”
Governance Changes
Aeries Technology, Inc.: Company ceased being a shell company as a result of the business combination.
“As a result of the Business Combination, the Company ceased being a shell company.”
Governance Changes
Aeries Technology, Inc.: Board adopted a new Code of Business Conduct and Ethics applicable to all directors and employees (effective 2023-11-06).
“On the Closing Date, the Board adopted a new Code of Business Conduct and Ethics applicable to all of the Company’s directors and employees.”
Governance Changes
Aeries Technology, Inc.: Changed fiscal year from December 31 to March 31, effective upon Closing (effective 2023-11-06).
“on the Closing Date, ATI changed its fiscal year from a year ending December 31 to a year ending March 31”
Governance Changes
Aeries Technology, Inc.: Amended & Restated Articles became effective upon Closing, replacing prior articles of association in connection with the business combination (effective 2023-11-06).
“The Amended & Restated Articles, which became effective upon Closing on November 6, 2023, includes the amendments proposed by the Charter Proposal.”
M&A Transactions
Aeries Technology, Inc. underwent a change of control involving Worldwide Webb Acquisition Corp. (WWAC) for Each outstanding WWAC Class A ordinary share became one ATI Class A ordinary share; each WWAC Class B ordinary share converted into one ATI Class A ordinary sha (closed 2023-11-06).
“On November 6, 2023 (the “ Closing Date ”), as contemplated in the Business Combination Agreement and described in the section entitled “ Proposal No.1—Business Combination Proposal ” beginning on page 99 of the Proxy Statement/Prospectus, WWAC consummated the Business Combination, following the approval by WWAC’s shareholders at the annual meeting of shareholders held on November 2, 2023 (the “ WWAC Shareholder Meeting ”). The closing of the Business Combination is herein referred to as “the Closing.” In connection with the Closing, on the Closing Date, WWAC adopted the Proposed Amended and Restated Articles of Association (the “ Amended & Restated Articles ”) and changed its name from Worldwide Webb Acquisition Corp. to Aeries Technology, Inc. (“ ATI ”).”
Material Agreements
Aeries Technology, Inc. entered into Exchange Agreements with holders of Aeries shares other than AARK and the Sole Shareholder.
“holders of Aeries shares other than AARK and the Sole Shareholder each entered into an Exchange Agreement with ATI, Aeries and AARK (with such exchange agreements collectively, the “Exchange Agreements”).”
Rajeev Gopala Krishna Nair was appointed as Chief Financial Officer at Aeries Technology, Inc..
“On November 6, 2023, the Company also appointed Mr. Rajeev Gopala Krishna Nair as its Chief Financial Officer, effective as of November 6, 2023.”
Bhisham (Ajay) Khare was appointed as Chief Revenue Officer & Chief Operating Officer (Americas) at Aeries Technology, Inc..
“Effective as of November 6, 2023, the following individuals were appointed as officers of the Company: Mr. Sudhir Appukuttan Panikassery as the Chief Executive Officer and Mr. Bhisham (Ajay) Khare as the Chief Revenue Officer & Chief Operating Officer ( Americas), among other officers.”
Sudhir Appukuttan Panikassery was appointed as Chief Executive Officer at Aeries Technology, Inc..
“Effective as of November 6, 2023, the following individuals were appointed as officers of the Company: Mr. Sudhir Appukuttan Panikassery as the Chief Executive Officer and Mr. Bhisham (Ajay) Khare as the Chief Revenue Officer & Chief Operating Officer ( Americas), among other officers.”
Ramesh Venkataraman was appointed as Director at Aeries Technology, Inc..
“Effective as of November 6, 2023, the following individuals were appointed to the Board of the Company: Sudhir Appukuttan Panikassery , Daniel S. Webb , Venu Raman Kumar, Alok Kochhar, Biswajit Dasgupta, Nina B. Shapiro, and Ramesh Venkataraman.”
Nina B. Shapiro was appointed as Director at Aeries Technology, Inc..
“Effective as of November 6, 2023, the following individuals were appointed to the Board of the Company: Sudhir Appukuttan Panikassery , Daniel S. Webb , Venu Raman Kumar, Alok Kochhar, Biswajit Dasgupta, Nina B. Shapiro, and Ramesh Venkataraman.”
Biswajit Dasgupta was appointed as Director at Aeries Technology, Inc..
“Effective as of November 6, 2023, the following individuals were appointed to the Board of the Company: Sudhir Appukuttan Panikassery , Daniel S. Webb , Venu Raman Kumar, Alok Kochhar, Biswajit Dasgupta, Nina B. Shapiro, and Ramesh Venkataraman.”
Alok Kochhar was appointed as Director at Aeries Technology, Inc..
“Effective as of November 6, 2023, the following individuals were appointed to the Board of the Company: Sudhir Appukuttan Panikassery , Daniel S. Webb , Venu Raman Kumar, Alok Kochhar, Biswajit Dasgupta, Nina B. Shapiro, and Ramesh Venkataraman.”
Venu Raman Kumar was appointed as Director at Aeries Technology, Inc..
“Effective as of November 6, 2023, the following individuals were appointed to the Board of the Company: Sudhir Appukuttan Panikassery , Daniel S. Webb , Venu Raman Kumar, Alok Kochhar, Biswajit Dasgupta, Nina B. Shapiro, and Ramesh Venkataraman.”
Daniel S. Webb was appointed as Director at Aeries Technology, Inc..
“Effective as of November 6, 2023, the following individuals were appointed to the Board of the Company: Sudhir Appukuttan Panikassery , Daniel S. Webb , Venu Raman Kumar, Alok Kochhar, Biswajit Dasgupta, Nina B. Shapiro, and Ramesh Venkataraman.”
Sudhir Appukuttan Panikassery was appointed as Director at Aeries Technology, Inc..
“Effective as of November 6, 2023, the following individuals were appointed to the Board of the Company: Sudhir Appukuttan Panikassery , Daniel S. Webb , Venu Raman Kumar, Alok Kochhar, Biswajit Dasgupta, Nina B. Shapiro, and Ramesh Venkataraman.”
Material Agreements
Aeries Technology, Inc. entered into Non-Redemption Agreement with Meteora Capital, LLC valued at Reverse redemption of up to 103,306 Class A ordinary shares (effective 2023-11-05).
“On November 5, 2023, WWAC entered into a non-redemption agreement (the " Non-Redemption Agreement ") with Meteora, pursuant to which Meteora agreed to reverse the redemption of up to 103,306 Class A ordinary shares of WWAC.”
Material Agreements
Aeries Technology, Inc. entered into Subscription Agreement with certain Sellers valued at Purchase of Class A ordinary shares up to Maximum Number of Shares (effective 2023-11-05).
“On November 5, 2023 and November 6, 2023, WWAC entered into subscription agreements (each, a " Subscription Agreement ") with certain of the Sellers (in such capacity, each, a " Subscriber "), pursuant to which the Subscriber agreed to purchase from WWAC that number of shares of Class A ordinary shares, par value $0.0001 per share, of WWAC up to the Maximum Number of Shares for a purchase price per share equal to the redemption price, as defined in Section 49.5 of the Amended and Restated Memorandum and Articles of Association of WWAC, effective as of October 19, 2021, less the number of Recycled Shares”
Material Agreements
Aeries Technology, Inc. amended Forward Purchase Agreement Amendment with certain FPA Parties valued at Purchase of Additional Shares subject to 9.9% ownership limitation (effective 2023-11-05).
“On November 5, 2023 and November 6, 2023, WWAC entered into amendments to the Forward Purchase Agreements (each, a " Forward Purchase Agreement Amendment ") with certain of the FPA Parties.”
Material Agreements
Aeries Technology, Inc. entered into Forward Purchase Agreement with Meteora Capital, LLC valued at Up to 250,000 Class A ordinary shares (effective 2023-11-05).
“On November 5, 2023, WWAC entered into a Forward Purchase Agreement with Meteora Capital, LLC (" Meteora " and, together with the Sellers, the " FPA Parties ") on the same terms as the Forward Purchase Agreements previously entered into by WWAC on November 3, 2023, pursuant to which Meteora intends, but is not obligated, to purchase up to 250,000 Class A ordinary shares, par value $0.0001 per share, of WWAC.”
Material Agreements
Aeries Technology, Inc. entered into Forward Purchase Agreement with Sea Otter Trading, LLC valued at Up to 250,000 Class A ordinary shares (effective 2023-11-03).
“WWAC entered into forward purchase agreements (each, a " Forward Purchase Agreement ") with Sea Otter Trading, LLC, clients of Sandia Investment Management LP and YA II PN, Ltd. (each, a " Seller ") for an OTC Equity Prepaid Forward Transaction.”
Material Agreements
Aeries Technology, Inc. entered into Forward Purchase Agreement with Sea Otter Trading, LLC Sandia Investment Management LP and YA II PN, Ltd. valued at Up to 3,000,000 Class A ordinary shares, par value $0.0001 per share (effective 2023-11-03).
“On November 3, 2023, WWAC entered into a forward purchase agreement (the “ Forward Purchase Agreement ”) with Sea Otter Trading, LLC Sandia Investment Management LP and YA II PN, Ltd. (collectively, “ Seller ”) for an OTC Equity Prepaid Forward Transaction.”
Shareholder Votes
Aeries Technology, Inc. shareholders approved Governing Documents Proposal C - certain other changes in connection with replacement of memorandum and articles, including name change and perpetual existence at the 2023-11-02 meeting.
“Proposal No. For Against Abstentions 5. 8”
Shareholder Votes
Aeries Technology, Inc. shareholders approved Governing Documents Proposal B - amendment to provide voting rights provisions related to ATI Class V ordinary share at the 2023-11-02 meeting.
“Governing Documents Proposal B was approved, having received "for" votes from at least a majority of the votes cast by the holders of the WWAC Ordinary Shares represented in person or by proxy and entitled to vote at the Meeting.”
Shareholder Votes
Aeries Technology, Inc. shareholders approved Governing Documents Proposal A - amendment to change authorized capital stock at the 2023-11-02 meeting.
“Governing Documents Proposal A was approved, having received "for" votes from at least a majority of the votes cast by the holders of the WWAC Ordinary Shares represented in person or by proxy and entitled to vote at the Meeting.”
Shareholder Votes
Aeries Technology, Inc. shareholders approved Charter Proposal - approval of amendment and restatement of Amended and Restated Memorandum and Articles of Association at the 2023-11-02 meeting.
“The Charter Proposal was approved, having received "for" votes from a majority of at least two-thirds of votes cast by the holders of the WWAC Ordinary Shares represented in person or by proxy and entitled to vote at the Meeting.”
Shareholder Votes
Aeries Technology, Inc. shareholders approved Business Combination Proposal - to approve and adopt the Business Combination Agreement and the transactions contemplated thereby at the 2023-11-02 meeting.
“The Business Combination Proposal was approved, having received "for" votes from at least a majority of the votes cast by the holders of the WWAC Ordinary Shares represented in person or by proxy and entitled to vote at the Meeting.”
Material Agreements
Aeries Technology, Inc. entered into Subscription Agreement with a certain investor (the “PIPE Investor”) valued at an aggregate purchase price of $3,000,800 (effective 2023-10-28).
“On October 28, 2023, in connection with the Business Combination, WWAC entered into a subscription agreement (the “Subscription Agreement”) with a certain investor (the “PIPE Investor”), pursuant to which, among other things, the PIPE Investor has agreed to subscribe for and purchase from WWAC, and WWAC has agreed to issue and sell to the PIPE Investor, an aggregate of 620,000 newly issued Class A ordinary shares for an aggregate purchase price of $3,000,800”
Material Agreements
Aeries Technology, Inc. amended Amendment No. 3 to the Business Combination Agreement with WWAC, Amalgamation Sub and AARK (effective 2023-10-29).
“On October 29, 2023, WWAC, Amalgamation Sub and AARK entered into Amendment No. 3 to the Business Combination Agreement (the “ Third Amendment ”)”
Governance Changes
Aeries Technology, Inc.: Shareholders approved an amendment to the Articles to extend the business combination deadline from 24 to 30 months after the IPO, including up to five one-month extensions by the Board (effective 2023-10-18).
“At the Meeting, the Company’s shareholders also approved a proposal to amend the Company’s amended and restated memorandum and articles of association (the “Articles”) to extend the date by which the Company must (1) consummate a merger”
Shareholder Votes
Aeries Technology, Inc. shareholders approved Trust Amendment Proposal.
“The applicable shareholders approved the Extension Amendment Proposal and the Trust Amendment Proposal. The voting results for each proposal were as follows: The Extension Amendment Proposal For Against Abstain 7,694,529 424,018 0 The Trust Amendment Proposal”
Shareholder Votes
Aeries Technology, Inc. shareholders approved Extension Amendment Proposal.
“The applicable shareholders approved the Extension Amendment Proposal and the Trust Amendment Proposal. The voting results for each proposal were as follows: The Extension Amendment Proposal For Against Abstain 7,694,529 424,018 0”
Material Agreements
Aeries Technology, Inc. amended Trust Agreement with Continental Stock Transfer & Trust Company (effective 2023-10-16).
“On October 16, 2023, following receipt of approval from its shareholders at its extraordinary general meeting of shareholders held October 16, 2023 (the “Meeting”), Worldwide Webb Acquisition Corp. (the “Company”) entered into an amendment to the investment management trust agreement, dated October 22, 2021, by and between the Company and Continental Stock Transfer & Trust Company (“Continental”), as trustee (the “Trust Agreement”), to amend the Trust Agreement to extend the date on which Continental must liquidate the trust account established in connection with the Company’s initial public offering that was consummated on October 22, 2021 (the “IPO”) if the Company has not completed its initial business combination.”
Material Agreements
Aeries Technology, Inc. entered into Non-Redemption Agreement with certain unaffiliated third parties valued at 2,384,613 Class A ordinary shares subject to non-redemption; Holder receives 1% of Non-Redeemed Shar (effective 2023-10-08).
“On October 8, 2023, Worldwide Webb Acquisition Corp. (the “Company” or “WWAC”) and Worldwide Webb Acquisition Sponsor, LLC (the “Sponsor”), the sponsor of the Company, entered into non-redemption agreements (each, a “Non-Redemption Agreement”) with certain unaffiliated third parties (each, a “Holder,” and collectively, the “Holders”) in exchange for the Holder or Holders agreeing either not to request redemption in connection with the Extensions (as defined below) or to reverse any previously submitted redemption demand in connection with the Extension with respect to an aggregate of 2,384,613 Class A ordinary shares, par value $0.0001 per share (the “Class A ordinary shares”, and such shares subject to each Non-Redemption Agreement, the “Non-Redeemed Shares”), of the Company sold in its initial public offering (the “IPO”) at the extraordinary general meeting called by the Company to, among other things, approve an amendment to the Company’s amended and restated memorandum and articles”
Material Agreements
Aeries Technology, Inc. amended Amendment No. 1 to the Business Combination Agreement with Worldwide Webb Acquisition Corp., WWAC Amalgamation Sub Pte. Ltd., and Aark Singapore Pte. Ltd. valued at $349,000,000 (effective 2023-06-30).
“On June 30, 2023, WWAC, Amalgamation Sub, and AARK entered into Amendment No. 1 to the Agreement (the “First Amendment”) to, among other things, (i) revise the pre-transaction equity value of the company to be $349,000,000, (ii) increase the redemption threshold percentage from 85.00% to 89.15%, and (iii) provide that 50,000 bonus shares will be issued to certain employees of AARK, and that any remaining bonus shares after applying the pro rata reduction percentage will be issued to the Chief Executive Officer and Chairman of the Company (as defined in the Agreement) in equal shares instead of being added to the pool of awards available under the 2023 Equity Incentive Plan.”
Material Agreements
Aeries Technology, Inc. entered into Subscription Agreement with PIPE Investor valued at $5,000,000 (effective 2023-06-01).
“On June 1, 2023, in connection with its previously announced proposed business combination (the “Business Combination”) with Aark Singapore Pte. Ltd., a Singapore private company limited by shares, (“AARK”), Worldwide Webb Acquisition Corp., a Cayman Islands exempted company (“WWAC”), entered into a subscription agreement (the “Subscription Agreement”) with a certain investor (the “PIPE Investor”), pursuant to which, among other things, the PIPE Investor has agreed to subscribe for and purchase from WWAC, and WWAC has agreed to issue and sell to the PIPE Investor, an aggregate of 1,033,058 newly issued Class A ordinary shares, par value $0.0001 per share, of WWAC (“Class A ordinary shares”) for an aggregate purchase price of $5,000,000, on the terms and subject to the conditions set forth therein (the “PIPE Financing”).”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.