Aeries Technology Regains Compliance with Nasdaq Listing Requirements
Rhea-AI Summary
Aeries Technology (Nasdaq: AERT) has successfully regained compliance with Nasdaq's minimum bid price requirement under Rule 5550(a)(2), ensuring its continued listing on the Nasdaq Capital Market. The compliance issue has been resolved without requiring any hearing or appeal process.
CEO Ajay Khare expressed satisfaction with the outcome and emphasized the company's commitment to execution and long-term value creation. Aeries continues to focus on its core business of providing AI-powered business transformation and Global Capability Center (GCC) solutions for private equity portfolio companies.
Positive
- Regained Nasdaq listing compliance without requiring appeals
- Maintains access to public capital markets through continued Nasdaq listing
Negative
- Previous non-compliance with Nasdaq minimum bid price requirement indicates recent stock price weakness
News Market Reaction 3 Alerts
On the day this news was published, AERT declined 5.66%, reflecting a notable negative market reaction. Argus tracked a peak move of +30.1% during that session. Argus tracked a trough of -2.4% from its starting point during tracking. Our momentum scanner triggered 3 alerts that day, indicating moderate trading interest and price volatility. This price movement removed approximately $3M from the company's valuation, bringing the market cap to $51M at that time. Trading volume was elevated at 2.2x the daily average, suggesting increased selling activity.
Data tracked by StockTitan Argus on the day of publication.
NEW YORK, July 17, 2025 (GLOBE NEWSWIRE) -- Aeries Technology (Nasdaq: AERT), a global leader in AI-powered value creation, business transformation, and Global Capability Center (GCC) delivery for private-equity (PE) portfolio companies, today announced that it has restored compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) and will continue to trade on the Nasdaq Capital Market. No hearing or appeal process was necessary, and the matter is now fully closed.
“We’re pleased to have restored compliance and appreciate the continued support of our shareholders as we focus on execution and long-term value creation,” said Ajay Khare, Chief Executive Officer of Aeries Technology.
Aeries continues to strengthen its platform for AI-driven business transformation and GCC delivery. The Company remains focused on supporting private equity partners in scaling and optimizing portfolio companies through digital innovation, operational efficiency, and access to global talent through our unique GCC solutions.
About Aeries Technology
Aeries Technology (NASDAQ: AERT) is a global leader in AI-enabled value creation, business transformation, and Global Capability Center (GCC) delivery for private-equity (PE) portfolio companies, supporting scalable, technology-driven execution. Founded in 2012, its commitment to workforce development has earned it the Great Place to Work Certification for two consecutive years.
Media Contact
IR@aeriestechnology.com
Forward-Looking Statements
This press release contains forward-looking statements, including statements regarding leadership strategy, business expansion plans, initiatives, and operational transformation. These statements are subject to risks and uncertainties as detailed in the Company's filings with the U.S. Securities and Exchange Commission, which are incorporated herein by reference. Actual results may differ materially. The Company disclaims any obligation to update forward-looking statements except as required by law.
FAQ
What Nasdaq compliance requirement did Aeries Technology (AERT) meet in July 2025?
Will Aeries Technology (AERT) continue trading on Nasdaq after July 2025?
What did Aeries Technology CEO say about regaining Nasdaq compliance?
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Was a Nasdaq hearing required for Aeries Technology's compliance resolution?
