Aeries Technology, Inc. SEC Filings

Aeries Technology supplements its prospectus to register an aggregate of up to 53,805,874 Class A ordinary shares and up to 9,527,810 Private Placement Warrants for resale by selling securityholders. The supplement also describes up to 10,566,347 Class A ordinary shares issuable upon exchange and up to 21,027,801 Class A ordinary shares issuable upon exercise of certain warrants.

Separately, the company reported a CFO transition: Daniel S. Webb agreed to resign effective March 30, 2026 and entered a Separation Agreement providing severance including $265,000 payable over six months and twelve months of base salary payable over the following year, subject to conditions in the Separation Agreement. The Board appointed CEO Bhisham (Ajay) Khare as Principal Financial Officer effective March 31, 2026.

Aeries Technology, Inc. announced a chief financial officer transition. Daniel S. Webb agreed to resign as Chief Financial Officer and Chief Investment Officer effective March 30, 2026, with the company stating the departure is by mutual agreement and not due to any disagreement over operations, policies, or practices.

Under a Separation Agreement, Mr. Webb will receive severance equal to 12 months of his annual base salary paid over 12 months and an additional $265,000 paid over six months, subject to a release of claims and other conditions. He also relinquishes all rights to any company equity or equity-based awards. After a seven-day revocation period, benefits become effective.

Effective March 31, 2026, the Board appointed Chief Executive Officer and Director Bhisham (Ajay) Khare as Principal Financial Officer, adding financial oversight to his existing leadership roles. The company states he entered into no new material compensation arrangements in connection with this appointment and discloses no related-party transactions or family relationships.

Aeries Technology is registering the resale by a selling shareholder of 1,355,906 Class A ordinary shares pursuant to this prospectus. The resale is by Sandia Investment Management LP under a resale registration; the company will not receive proceeds from these sales.

The prospectus states the company will bear registration expenses while the selling shareholder will bear commissions or discounts on any sales. The selling shareholder beneficially owned 1,812,063 shares prior to the offering and would hold 456,157 shares following the maximum resale, based on 50,209,716 Class A shares outstanding as of March 12, 2026. The prospectus notes a Nasdaq last reported sale price of $0.356 per share as of March 17, 2026.

Aeries Technology is registering the resale of up to 1,355,906 Class A ordinary shares. The resale is by Sandia Investment Management LP and is a resale registration only; the company will receive no proceeds from sales under this prospectus. The registration references 50,209,716 Class A ordinary shares issued and outstanding as of March 12, 2026.

The prospectus discloses certain recent amendments with Sandia, including an Outstanding Amount of $1,812,063.23 under the Letter Agreement, amortization payments beginning March 31, 2026, and an interest accrual at 15% per annum. The selling shareholder may sell the registered shares from time to time through market or private transactions under the plan of distribution described in the prospectus.

Aeries Technology, Inc. registers up to 53,805,874 Class A ordinary shares and up to 9,527,810 Private Placement Warrants for resale. The prospectus supplement also states up to 10,566,347 Class A ordinary shares issuable upon exchange and up to 21,027,801 Class A ordinary shares issuable upon exercise of redeemable warrants.

At the Annual General Meeting on March 3, 2026, shareholders approved director elections, ratified the auditor and approved a board-authorized share consolidation of up to one-for-ten (1:10); shareholders also approved related amendments to the memorandum and articles. Shares outstanding were 50,209,716 Class A ordinary shares and 1 Class V ordinary share as of the record date.

Aeries Technology, Inc. reported results from its 2026 Annual General Meeting, where shareholders approved all five resolutions, including the election of four directors and ratification of Manohar Chowdhry & Associates as auditor for the fiscal year ended March 31, 2026.

Shareholders also approved share consolidation resolutions authorizing a potential reverse split of Class A ordinary shares at a ratio of up to one-for-ten. The company stated it does not intend to implement a share consolidation in the near term, while the Board retains authority to do so before the next annual meeting.

The company highlighted continued focus on operational performance and referenced a $5.0 million Class A share repurchase program authorized on March 2, 2026, to be used from time to time at management’s discretion.

Aeries Technology, Inc. files a prospectus supplement and Form 8-K updating its registration and resale disclosure and announcing a board‑authorized share repurchase program. The supplement registers up to 10,566,347 Class A ordinary shares issuable upon exchange and up to 21,027,801 Class A ordinary shares issuable upon warrant exercise, and provides for the resale of up to 53,805,874 Class A ordinary shares and up to 9,527,810 Private Placement Warrants.

The Form 8-K dated March 2, 2026 discloses that the Board authorized a share repurchase program of up to $5.0 million of outstanding Class A ordinary shares over a twelve‑month period, with purchases at management’s discretion using open market or negotiated transactions; the program may be suspended or discontinued.

Aeries Technology, Inc. announced that its Board of Directors has authorized a share repurchase program for up to $5.0 million of its outstanding Class A ordinary shares over a twelve‑month period.

Repurchases may occur at management’s discretion through open market purchases, privately negotiated transactions, accelerated share repurchase programs, or other legally permissible methods. The program does not require the company to buy a specific number of shares and can be suspended, modified, or discontinued at any time. The Board states this authorization reflects confidence in Aeries’ strategy, operating trajectory, and long‑term growth opportunities, and views it as a flexible tool for capital allocation and supporting long‑term shareholder value.

Aeries Technology, Inc. filed a prospectus supplement updating its August 2024 shelf to cover up to 10,566,347 Class A ordinary shares issuable upon exchange rights, 21,027,801 Class A ordinary shares issuable upon warrant exercise, 53,805,874 Class A ordinary shares for resale, and 9,527,810 Private Placement Warrants for resale. The supplement incorporates the company’s quarterly report for the period ended December 31, 2025, where Aeries reported quarterly revenue of $17.5 million and net income attributable to shareholders of $1.1 million, with nine‑month net income of $2.8 million. Cash and cash equivalents were $2.6 million against total liabilities of $42.8 million, resulting in a shareholders’ deficit. The company generated $4.8 million of operating cash flow over nine months but highlights that its forward purchase agreement liabilities could require cash settlement, leading management to conclude that substantial doubt exists about its ability to continue as a going concern without successful refinancing, equity raises, or liability restructurings.