Aeries Technology (NASDAQ: AERT) faces Nasdaq delisting after bid price lapse

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

8-K

Rhea-AI Filing Summary

Aeries Technology, Inc. reported that on March 31, 2026 it received a formal notice from Nasdaq staff that its continued non-compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) could result in delisting of its securities from the Nasdaq Capital Market.

The company plans to request a hearing before the Nasdaq Hearings Panel, which would temporarily stay further Nasdaq action while the Panel reviews the case. A previous grace period to regain compliance, granted after a September 30, 2025 deficiency notice, expired on March 30, 2026 without the company restoring its bid price to required levels.

Aeries is not eligible for an additional 180‑day grace period because it does not meet the minimum stockholders’ equity requirement for initial listing on the Nasdaq Capital Market. The company states it is considering all available options but notes there is no assurance the Panel will allow its listing to continue or that it will meet listing standards within any extension granted.

Positive

None.

Negative

Nasdaq delisting risk: Aeries failed to regain compliance with Nasdaq’s minimum bid price rule by March 30, 2026 and also does not meet the Nasdaq Capital Market’s minimum stockholders’ equity requirement, prompting a Nasdaq staff determination on March 31, 2026 that could result in delisting of its securities.

Insights

Nasdaq delisting risk rises as Aeries misses bid price and equity tests.

Aeries Technology has moved from a routine bid-price deficiency into a more serious phase. After failing to regain compliance by March 30, 2026, Nasdaq staff issued a determination on March 31, 2026 that could lead to delisting from the Nasdaq Capital Market.

The company is ineligible for a second 180‑day cure period because it does not meet the minimum stockholders’ equity requirement for initial Nasdaq Capital Market listing. That combination of bid-price non-compliance and equity shortfall indicates broader balance sheet constraints, beyond short-term share price volatility alone.

Aeries plans to request a hearing before the Nasdaq Hearings Panel, which will stay immediate delisting while the Panel evaluates its situation. The outcome will depend on whether the company can present a credible path to meeting both the bid-price rule and equity standards within any timeline the Panel sets.

8-K Event Classification

Item 3.01 — Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing

1 item

Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing Securities

The company received a delisting notice or transferred its listing to a different exchange.

Key Figures

Nasdaq bid price rule cited: Nasdaq Listing Rule 5550(a)(2) Initial bid price deficiency notice date: September 30, 2025 Grace period expiration: March 30, 2026 +1 more

4 metrics

Nasdaq bid price rule cited Nasdaq Listing Rule 5550(a)(2) Minimum bid price requirement referenced in deficiency and delisting notice

Initial bid price deficiency notice date September 30, 2025 Date Nasdaq staff first notified Aeries of non-compliance

Grace period expiration March 30, 2026 End of initial period to regain compliance with bid price rule

Nasdaq staff delisting determination March 31, 2026 Date staff issued notice that could lead to delisting

Key Terms

Nasdaq Listing Rule 5550(a)(2), Bid Price Rule, Nasdaq Hearings Panel, emerging growth company

4 terms

Nasdaq Listing Rule 5550(a)(2) regulatory

"non-compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2)"

Bid Price Rule financial

"the Company’s non-compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) (the “Bid Price Rule”)"

Nasdaq Hearings Panel regulatory

"request a hearing before the Nasdaq Hearings Panel (the “Panel”)"

A Nasdaq hearings panel is a group of experts that reviews cases when a company's stock listing is at risk of being removed from the exchange. They evaluate whether the company has met certain standards and determine if it can keep trading on Nasdaq. This process matters to investors because it can affect a company's ability to raise money and maintain credibility in the market.

emerging growth company regulatory

"Emerging growth company"

An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.

Understanding 8-K Material Events →

04/03/2026 - 04:00 PM

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 31, 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. ☐

Item 3.01.

Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.

On 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 Nasdaq pending the issuance of a decision by the Panel and the expiration of any extension the Panel may grant to the Company following the hearing.

As previously disclosed, on September 30, 2025, the Staff notified the Company that, based upon the closing bid price of the Company’s common stock for the 30 prior consecutive business days, the Company no longer satisfied the Bid Price Rule. In accordance with the Nasdaq Listing Rules, the Company thereafter received one grace period to regain compliance with the rule, which ultimately expired on March 30, 2026. The Company did not evidence compliance with the Bid Price Rule by that date and is not eligible for a second 180 day grace period as the Company does not comply with the minimum stockholders’ equity requirement for initial listing on the Nasdaq Capital Market, which resulted in the issuance of the Staff’s determination.

The Company is considering all available options; however, there can be no assurance that the Panel will determine to continue the Company’s listing or that the Company will be able to evidence compliance with the applicable listing criteria within any extension that may be granted by the Panel.

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: April 3, 2026	By:	/s/ Bhisham (Ajay) Khare
		Bhisham (Ajay) Khare
		Chief Executive Officer and Director

Source: View Original Filing on SEC EDGAR

FAQ

What Nasdaq notice did Aeries Technology (AERT) receive on March 31, 2026?

Aeries Technology received formal notice from Nasdaq staff on March 31, 2026 that its continued non-compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) would lead to delisting unless the company timely requests a hearing before the Nasdaq Hearings Panel.

Why is Aeries Technology (AERT) at risk of Nasdaq delisting?

Aeries is at risk because it failed to regain compliance with Nasdaq’s minimum bid price rule by March 30, 2026 and is not eligible for a second 180‑day grace period, as it does not meet the minimum stockholders’ equity requirement for initial listing on the Nasdaq Capital Market.

How does Aeries Technology plan to respond to the Nasdaq staff determination?

The company intends to request a hearing before the Nasdaq Hearings Panel. That request will stay any further Nasdaq action while the Panel reviews the case and may grant an extension for Aeries to demonstrate compliance with applicable listing requirements.

What previous Nasdaq deficiency notice did Aeries Technology (AERT) disclose?

Aeries previously disclosed that on September 30, 2025 Nasdaq staff notified the company that, based on the closing bid price of its common stock for 30 consecutive business days, it no longer satisfied the minimum bid price rule, triggering an initial grace period that expired March 30, 2026.

Can Aeries Technology be sure it will remain listed on Nasdaq?

There is no assurance the Nasdaq Hearings Panel will permit Aeries to remain listed. The company notes it is considering all available options, but any continued listing depends on the Panel’s decision and its ability to demonstrate compliance within any extension granted.

Filing Exhibits & Attachments

4 documents