Home/Filings/8-K/0001829126-26-000086
8-K//Current report

Aeries Technology, Inc. 8-K

Accession 0001829126-26-000086

$AERTCIK 0001853044operating

Filed

Jan 6, 7:00 PM ET

Accepted

Jan 7, 4:15 PM ET

Size

257.9 KB

Accession

0001829126-26-000086

Research Summary

AI-generated summary of this filing

Updated

Aeries Technology, Inc. Extends Prepaid Forward Sale Period to Jan 9, 2026

What Happened

  • Aeries Technology, Inc. announced on its Jan. 7, 2026 Form 8-K that, on Dec. 31, 2025, it entered into Amendment No. 1 to a Letter Agreement with Sandia Investment Management LP. The amendment extends the “Designated Period” during which Sandia may sell Class A ordinary shares issued under a forward purchase/prepaid forward arrangement from Dec. 31, 2025 to Jan. 9, 2026. All other terms of the Letter Agreement remain unchanged.

Key Details

  • Amendment No. 1 dated December 31, 2025 extends the Designated Period to January 9, 2026.
  • The Letter Agreement relates to a Confirmation of OTC Equity Prepaid Forward Transaction (originally from Nov. 3, 2023 and restated Nov. 27, 2024).
  • Sales by Sandia under the agreement are subject to a floor price not lower than $1.05 per share.
  • The full Amendment is filed as Exhibit 10.1 to the 8-K.

Why It Matters

  • The extension preserves the arrangement under which Sandia can sell Aeries Class A shares to offset the company’s payment obligations under the prepaid forward. For investors, this may affect the short-term supply of shares available for sale and reflects a contractual timeline change rather than a change to economic terms (other than the extended date). All other agreement terms remain in effect per the filing.