false
0001853044
0001853044
2026-03-02
2026-03-02
0001853044
aert:ClassAOrdinarySharesParValue0.0001PerShareMember
2026-03-02
2026-03-02
0001853044
aert:RedeemableWarrantsEachWholeWarrantExercisableForOneClassAOrdinaryShareAtExercisePriceOf11.50Member
2026-03-02
2026-03-02
iso4217:USD
xbrli:shares
iso4217:USD
xbrli:shares
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of
The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): March 2, 2026
Aeries Technology, Inc.
(Exact name of registrant as specified in its charter)
| Cayman Islands |
|
001-40920 |
|
98-1587626 |
|
(State or other jurisdiction of incorporation) |
|
(Commission
File Number) |
|
(IRS Employer Identification No.) |
|
60 Paya Lebar Road, #08-13
Paya Lebar Square Singapore |
|
409051 |
| (Address of principal executive offices) |
|
(Zip Code) |
Registrant’s telephone number, including area code: (919) 228-6404
Not applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2):
| ☐ |
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ☐ |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ☐ |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ☐ |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class |
|
Trading Symbol(s) |
|
Name of each exchange on which registered |
| Class A ordinary shares, par value $0.0001 per share |
|
AERT |
|
Nasdaq Capital Market |
| Redeemable warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50 |
|
AERTW |
|
Nasdaq Capital Market |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company ☒
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
On March
2, 2026, Aeries Technology, Inc. (the “Company”) announced that the Board of Directors of the Company has authorized a
share repurchase program of up to $5.0 million of its outstanding Class A ordinary shares over a twelve-month period. Repurchases
may be made from time to time, in such amounts and at such prices as management deems appropriate, using a variety of methods, which
may include open market purchases, private negotiated transactions, accelerated share repurchase programs or other legally
permissible means. The program does not obligate the Company to repurchase any specific amount of shares and may be suspended,
modified, or discontinued at any time.
A copy of the press release is attached as Exhibit 99.1 to this current
report on Form 8-K and is incorporated by reference herein.
| Item 9.01. | Financial Statements and Exhibits. |
| Exhibit No. |
|
Description |
| 99.1 |
|
Press Release dated March 2, 2026 |
| 104 |
|
Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| |
Aeries Technology, Inc. |
| |
|
| Date: March 2, 2026 |
By: |
/s/ Daniel S. Webb |
| |
|
Daniel S. Webb |
| |
|
Chief Financial Officer |
Exhibit 99.1
Aeries Technology, Inc. Announces $5.0 Million Share Repurchase
Authorization
NEW YORK —
March 2, 2026 — Aeries Technology, Inc. (NASDAQ: AERT) (“Aeries” or the “Company”), a global
leader in AI-powered business transformation and Global Capability Center (GCC) services, today announced that its Board of
Directors has authorized a share repurchase program of up to $5.0 million of the Company’s outstanding Class A ordinary
shares over a twelve-month period.
The share repurchase
authorization reflects the Board’s confidence in the Company’s strategy, operating trajectory, and long-term growth
opportunities. The Board believes the authorization provides a disciplined and flexible mechanism to allocate capital and
underscores its commitment to enhancing long-term shareholder value.
Repurchases may be made from time to time, in such amounts and at such
prices as management deems appropriate, using a variety of methods, which may include open market purchases, private negotiated transactions,
accelerated share repurchase programs or other legally permissible means. The program does not obligate the Company to repurchase
any specific amount of shares and may be suspended, modified, or discontinued at any time.
About Aeries Technology, Inc.
Aeries Technology, Inc. (NASDAQ: AERT) is a global leader in AI-powered
business transformation and Global Capability Center (GCC) services. The Company partners with private equity firms and enterprise clients
to establish and scale dedicated global capability centers that drive operational efficiency, innovation, and long-term value creation.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning
of the Private Securities Litigation Reform Act of 1995, including statements regarding the Company’s share repurchase program,
capital allocation, and future plans. These statements are based on current expectations and are subject to risks and uncertainties that
could cause actual results to differ materially. Further information on risks, uncertainties and other factors that could cause actual
results to differ materially are included in the Company’s periodic and current reports filed with the U.S. Securities and
Exchange Commission. The Company disclaims any intention to, and undertakes no obligation to, update or revise these forward-looking statements
except as required by law.
Investor Relations Contact:
Aeries Technology, Inc.
Investor Relations
ir@aeriestechnology.com