Material Modification to Rights of Security Holders · Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Item 3.03. Material Modification to Rights of Security Holders. The information set forth in Item 5.03 of this Current Report on Form 8-K is incorporated by reference into this Item 3.03. In connection with the 1-for-8 share consolidation of all of its Class A ordinary shares (the “Share Consolidation”) described in Item 5.03 below, on June 12, 2026, Aeries Technology, Inc.…
Filed Jun 12, 2026Accepted Jun 12, 2026, 9:20 AM EDTCIK 1853044Accession 0001829126-26-006421
Aeries Technology, Inc. (Nasdaq: AERT) helps organizations worldwide create enterprise value through AI transformation and managed operations. Through its portfolio, including AxAI and AeriesOne, Aeries combines AI innovation, engineering expertise, business process knowledge, and managed global operations to help customers transform business functions and improve operational performance. Founded in 2012, Aeries serves global enterprises through delivery centers in India and Mexico. For more information, visit www.aeriestechnology.com.
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Item 3.03Item 3.03 - Material Modification to Rights
Item 3.03. Material
Modification to Rights of Security Holders.
The
information set forth in Item 5.03 of this Current Report on Form 8-K is incorporated by reference into this Item 3.03.
In
connection with the 1-for-8 share consolidation of all of its Class A ordinary shares
(the “Share Consolidation”) described in Item 5.03 below, on June 12, 2026, Aeries Technology, Inc. (the “Company”)
issued a notice (the “Warrant Adjustment Notice”) to holders of its warrants to purchase Class A ordinary shares (the “Warrants”).
In the Warrant Adjustment Notice, the Company notified Warrant holders that the Company has made the following adjustments to its outstanding
Warrants, effective after the close of trading on June 11, 2026, as reflected in the Warrants upon the commencement of trading on June
12, 2026:
The number
of Class A ordinary shares issuable upon the exercise of each Warrant was proportionally adjusted to reflect the Share Consolidation,
such that each Warrant now represents the right to purchase 1/8th of a Class A ordinary share, subject to the aggregation provisions
of the Warrant Agreement; and
The
exercise price of each post-Share Consolidation Warrant to purchase one whole post-Share
Consolidation Class A ordinary share will be proportionately increased eight-fold (relative
to a pre-Share Consolidation Warrant to purchase one pre-Share Consolidation Class A ordinary
share), to $92.00 per post-Share Consolidation Class A ordinary share.
The
Warrant Adjustment Notice was provided by the Company pursuant to the terms of the Warrant Agreement, dated October 19, 2021 (the “Warrant
Agreement”), by and between the Company, and Continental Stock Transfer & Trust Company, as warrant agent (the “Warrant
Agent”). The Company will not issue fractional shares upon exercise of Warrants to purchase fractional shares following the Share
Consolidation, as any such fractional shares issuable under a Warrant will be rounded down to the nearest whole number of Class A ordinary
shares.
The
CUSIP number for the Warrants will remain G97775 111 and the trading symbol for the Warrants will continue to be “AERTW” following
the foregoing adjustments to the Warrants. The foregoing description of the Warrant Adjustment Notice is qualified in its entirety by
reference to the full text of the Warrant Adjustment Notice, which is filed as Exhibit 4.1 to this Current Report on Form 8-K and is
incorporated herein by reference
Item 5.03Item 5.03 - Amendments to Articles/Bylaws
Item 5.03. Amendments
to Articles of Incorporation or Bylaws; Change in Fiscal Year.
On
June 11, 2026, the Company filed its Third Amended and Restated Memorandum and Articles of Association (“A&R
Articles”) with the Registrar of Companies in the Cayman Islands to effect the Share Consolidation. The Share Consolidation
became effective at 12:01 a.m., Eastern Time, on June 12, 2026 (the “Effective Time”).
As
a result of the Share Consolidation, every eight (8) Class A ordinary shares of the Company issued and outstanding immediately prior
to the Effective Time were automatically combined and converted into one (1) Class A ordinary share. The Share Consolidation reduced
the number of issued and outstanding Class A ordinary shares from approximately 45,914,789 to approximately 5,739,349. The total authorized
number of Class A ordinary shares were correspondingly reduced from 500,000,000 with a par value of $0.0001 per share to 62,500,000 with
a par value of $0.0008 per share. No fractional shares were issued in connection with the Share Consolidation, and any fractional shares
resulting from the Share Consolidation were rounded up to the nearest whole share.
The
ticker symbol for the Class A ordinary shares will remain “AERT,” and the new CUSIP number of the Class A ordinary shares following
the Share Consolidation is G0136H128.
The
foregoing description of the A&R Articles is qualified in its entirety by reference to the full text of the A&R Articles, which is filed as
Exhibit 3.1 to this Current Report on Form 8-K and incorporated herein by reference.
Filed exhibits (1)
EX-4.1 (by filename) aeriestech_ex4-1.htm
EX-4.1
3
aeriestech_ex4-1.htm
EXHIBIT 4.1
Exhibit 4.1
AERIES TECHNOLOGY, INC.
June 12, 2026
Notice to Warrant Holders
Dear Warrant Holder:
Reference is made to that certain Warrant Agreement (the “Warrant Agreement”), dated as of October 19, 2021, by and between Worldwide Webb Acquisition Corp. (now known as Aeries Technology, Inc.), a Cayman Islands exempted company (the “Company”), and Continental Stock Transfer & Trust Company, as warrant agent (the “Warrant Agent”). All capitalized terms not separately defined in this Notice shall have the same meanings as defined in the Warrant Agreement.
We are writing to inform you, as a holder of one or more Warrants (as such term is defined in the Warrant Agreement), that the Company has effected a share consolidation of the issued and outstanding Class A ordinary shares of the Company, par value $0.0001 per share (the “Share Consolidation”). The Board of Directors of the Company approved the Share Consolidation at a ratio of one (1) post-Share Consolidation share for every eight (8) pre-Share Consolidation shares pursuant to the authorization granted by shareholders of the Company at the Company’s 2026 Annual General Meeting hel…