Business Context and Reporting Period
This Form 8-K Current Report is filed by Aeries Technology, Inc. (AERT), a Cayman Islands exempted company, on June 10, 2026. The filing announces a corporate action approved by the Board of Directors to address compliance with Nasdaq Capital Market listing requirements.
Key Financial Metrics
This filing does not contain financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity. The document focuses exclusively on a capital structure adjustment.
Material Changes
The primary material change is a one-for-eight (1:8) share consolidation of the Company's Class A ordinary shares.
- Effective Time: 12:01 a.m., Eastern Time, on June 12, 2026.
- Share Count Reduction: Issued and outstanding shares will decrease from approximately 45,914,789 to approximately 5,739,349.
- Authorized Shares: Reduced from 500,000,000 to 62,500,000.
- Par Value: Increased from $0.0001 to $0.0008 per share.
- Trading Details: The ticker symbol remains "AERT," but a new CUSIP number (G0136H128) will be assigned. Trading will commence on a split-adjusted basis on June 12, 2026.
- Equity Awards: Proportionate adjustments will be made to the number of shares and exercise prices of outstanding stock options and equity awards.
Guidance, Outlook, and Risks
Purpose: The consolidation is intended to increase the per-share trading price and assist the Company in maintaining compliance with the minimum bid price requirement for continued listing on the Nasdaq Capital Market.
Shareholder Action: No further action is required from shareholders. Fractional shares will be rounded up to the next whole number. Shares held in "street name" or book-entry form will be automatically credited.
Risks: The filing includes standard forward-looking statements regarding the implementation of the consolidation, noting that actual results may differ materially due to risks and uncertainties.
Investor Verification Checklist
- Verify the new CUSIP number (G0136H128) with your brokerage firm to ensure proper account updates.
- Confirm the adjusted number of shares and exercise prices for any outstanding equity awards held.
- Monitor the stock price on June 12, 2026, to ensure the consolidation successfully addresses the minimum bid price requirement.
- Review the definitive proxy statement filed on February 6, 2026, for additional details on the shareholder authorization.