Highest-materiality recent filing
Aeries Technology Q1 FY2027 revenue up 43% to $21.9M; reaffirms FY guidance
Revenue $21.9M, +43% YoY; net income $2.2M vs $1.7M; operating cash flow $4.8M.
Aeries Technology executes 1-for-8 reverse stock split, adjusts warrants accordingly
Effective June 12, 2026, every 8 old Class A shares became 1 new share; outstanding shares reduced from ~45.9M to ~5.7M.
Aeries Tech FY2026 revenue $70M, Adjusted EBITDA $8.3M above guidance; net income $3.5M
Revenue of $70M vs FY2025; net income $3.5M vs $(21.6)M loss.
Received Nasdaq Staff delisting notice on March 31, 2026 for failing minimum bid price (Rule 5550(a)(2)).
CFO Daniel S. Webb agreed to resign effective March 30, 2026; mutual decision, no disagreement over operations.
Aeries Tech Q3 FY26 revenue $17.5M, net income $1.2M; raises FY26 Adj. EBITDA guidance to $7-8M
Revenue of $17.5M, net income of $1.2M, adjusted EBITDA of $2.5M (14.1% margin).
Aeries Technology amends Sandia forward purchase agreement; $1.8M outstanding with 15% interest
Outstanding amount of $1,812,063.23 recognized under amended Letter Agreement with Sandia.
Revenue $17.36M (+3% YoY); net income $0.64M vs net loss $2.31M in Q2 FY2025.
Aeries Technology receives Nasdaq bid price deficiency notice; 180 days to cure
Nasdaq notice on Sept 30, 2025: AERT failed to maintain $1.00 minimum bid for 30 consecutive business days through Sept 26.
Aeries restructures $2.66M forward purchase liability; may issue up to 500K+ shares to Sandia
Remaining liability of $2,656,222.87 under Forward Purchase Agreement with Sandia.
Aeries Tech Q1 net income $1.7M vs loss $15.3M YoY; cash flow positive
Revenue of $15.3M, driven by demand for AI-powered GCC services.
Aeries Technology regains compliance with Nasdaq minimum bid price requirement
Received Nasdaq notification on July 17, 2025 confirming compliance with Rule 5550(a)(2); matter closed.
Revenue $70.2M; North America up 15% YoY to $65.5M, now 93.3% of mix.
Aeries beats core EBITDA guidance, reports FY2025 net loss $21.6M
Revenue $70.2M (-3.2% YoY); North America revenue $65.5M (+15% YoY).
Aeries Technology expects FY2025 operating loss of ~$28.8M vs prior year income of $3.0M
Preliminary loss from operations of approximately $28.8M for year ended March 31, 2025.
Aeries Technology receives Nasdaq bid-price deficiency notice; cure period until Aug 19, 2025
Nasdaq notified AERT on Feb 20, 2025 that shares closed below $1.00 for 30 consecutive business days through Feb 19.
Revenue $17.6M, down 6.8% YoY; North America revenue up 13.1%.
Amended forward purchase agreement sets Reset Price at $0.25/share; maturity extended to 14 months post-Nov 2023 business combination.
Aeries Technology Q2 FY2025 net loss $2.3M; revenue down 4% to $16.9M
Revenue $16.9M, down 4% YoY; North America revenue $15.7M, up 13% from $13.9M.
Notice received Sep 5, 2024 for failure to timely file Q2 FY2025 10-Q and still delinquent FY2024 10-K (due Mar 31, 2024).
Aeries Technology receives Nasdaq deficiency notice for delayed FY2024 10-K filing
Received Nasdaq notice on July 31, 2024 for failure to timely file FY2024 Form 10-K.
Aeries Technology Chairman exchanges AARK shares for 21.3M Class A shares; voting power rises to 72%
Chairman Venu Raman Kumar exchanged 9,500 AARK shares for 21,337,000 Class A ordinary shares on April 5, 2024.
Aeries Technology Q3 FY2024 revenue up 49% to $18.9M; net loss $(16.3)M from SPAC-related charge
Revenue $18.9M, up 49% YoY vs $12.7M.
Aeries Technology dismisses Marcum as auditor, appoints KNAV effective Feb 1, 2024
Audit committee dismissed Marcum LLP and appointed KNAV CPA LLP as independent auditor on Feb 1, 2024.
Aeries Technology files amendment to restate financials, updates beneficial ownership
Restates audited carve-out financials of AARK for years ended March 31, 2023 and 2022, and unaudited periods in 2023.
Aeries Technology restates AARK carve-out financials; control deficiency identified
Issued 361,338 Class A shares to vendors/third parties in lieu of cash for business combination expenses.
AARK posts $33.9M revenue, $1.42M net income for H1 FY2024; exec comp detailed
AARK (acquired entity) reports revenues of $33.9M for six months ended Sep 30, 2023, up from $25.3M YoY.
Aeries Technology reports Q2 FY2024 revenue up 38% to $17.6M; net income turns positive
Q2 FY2024 revenue $17.6M (+38% YoY); net income $926K vs $222K loss; adj. EBITDA $2.9M (+107%).
Aeries Technology completes SPAC business combination, begins trading on Nasdaq
Business combination closed Nov 6, 2023; WWAC renamed Aeries Technology, Inc. (AERT).
WWAC enters new FPA, amendments, and non-redemption deal to secure funding for Aeries merger
New Forward Purchase Agreement with Meteora Capital for up to 250,000 Class A shares on same terms as prior FPAs.
Forward Purchase Agreement allows Seller to buy up to 3,000,000 WWAC Class A shares at trust redemption price.
WWAC shareholders approve business combination with Aeries Technology; closing expected Nov 6
99.87% of votes cast (81.71% of outstanding shares) approved the business combination.
WWAC signs $3M PIPE, amends merger terms with AARK, reduces lock-up to 80%
PIPE investor to buy 620K Class A shares for $3,000,800 ($4.84/share); closes with the business combination.
WWAC shareholders approve deadline extension to 30 months; $10M in redemptions
Shareholders extended business combination deadline from 24 to up to 30 months post-IPO.
WWAC enters 11 non-redemption agreements covering 3.7M shares; up to $16.1M may be redeemed
Entered 11 non-redemption agreements covering 3,733,623 Class A shares ahead of Oct 16 extension vote.
WWAC amends BCA and sponsor support; non-redemption shares total 3.73M
Amendment No. 2 to BCA increases Employee Merger Consideration Shares from 50,000 to 52,600.
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.
On November 6, 2023, the Company also appointed Mr. Rajeev Gopala Krishna Nair as its Chief Financial Officer, effective as of November 6, 2023.
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.
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.
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.
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.
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.
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.
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.
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.
Effective as of October 19, 2021, the following individuals were appointed to the board of directors of the Company: Lynne M. Laube, Tanner Ainge, Dave Crowder and Davis Smith.
Effective as of October 19, 2021, the following individuals were appointed to the board of directors of the Company: Lynne M. Laube, Tanner Ainge, Dave Crowder and Davis Smith.
Max materiality 0.85 · Median 0.65 · Most common event other_material