Aeries Technology, Inc. Files S-1/A Amendment

TL;DR

<b>Aeries Technology, Inc. has filed an S-1/A amendment, detailing corporate information and historical name changes.</b>

AI Summary

Aeries Technology, Inc. (AERTW) filed a Amended IPO Registration (S-1/A) with the SEC on January 17, 2024. Aeries Technology, Inc. filed an S-1/A amendment on January 17, 2024. The company was formerly known as Worldwide Webb Acquisition Corp. and changed its name on March 24, 2021. The filing lists a business address at 190 Elgin Avenue, George Town, E9, KY1-9008. The company's fiscal year ends on December 31st. The filing is related to the Securities Act of 1933.

Why It Matters

For investors and stakeholders tracking Aeries Technology, Inc., this filing contains several important signals. This S-1/A filing provides updated information for investors and regulatory bodies regarding Aeries Technology's corporate structure and history. The amendment clarifies the company's identity and its transition from its former name, Worldwide Webb Acquisition Corp., which is crucial for understanding its current standing and potential future actions.

Risk Assessment

Risk Level: low — Aeries Technology, Inc. shows low risk based on this filing. The risk is low as this is a routine S-1/A filing providing corporate information and not indicating immediate financial distress or significant operational changes.

Analyst Insight

Monitor future filings for financial performance and strategic updates following this corporate information amendment.

Key Numbers

• 2024-01-17 — Filing Date (S-1/A filing date)
• 2021-03-24 — Name Change Date (Date of former company name change)
• 1231 — Fiscal Year End (Company's fiscal year end)

Key Players & Entities

• Aeries Technology, Inc. (company) — Filer name
• Worldwide Webb Acquisition Corp. (company) — Former company name
• 190 Elgin Avenue (address) — Business address
• George Town (location) — Business address city
• 1933 Act (regulation) — SEC Act

Forward-Looking Statements

• Aeries Technology will continue to update its S-1 filing with more detailed financial statements and risk factors as it moves closer to its public offering. (Aeries Technology, Inc.) — high confidence, target: 2024-06-30
• The company's capital structure, including Class A and Class B common stock, will be a key focus for potential investors evaluating its governance and voting rights. (Aeries Technology, Inc.) — medium confidence, target: 2024-12-31

FAQ

Industry Context

Aeries Technology operates within the management consulting services sector.

Regulatory Implications

The filing is made under the Securities Act of 1933, which governs the registration of securities.

What Investors Should Do

1. Review the full S-1/A filing for any specific disclosures or changes.
2. Track Aeries Technology's future SEC filings for financial and operational updates.
3. Research the company's market position within management consulting services.

Year-Over-Year Comparison

This is an S-1/A filing, indicating an amendment to a previous registration statement, likely providing updated or corrected information.

Key Financial Figures

• $0.0001 — ,380 Class A ordinary shares, par value $0.0001 per share (" Class A ordinary shares "
• $10.10 — ur " or " us "), at an implied price of $10.10 per share, upon exchange (at the Exchan
• $10.00 — C ") as part of the units at a price of $10.00 per unit in its initial public offering
• $1.00 — (" Sponsor " ), at a purchase price of $1.00 per warrant in a private placement that
• $11.50 — Warrant is exercisable to purchase for $11.50 one Class A ordinary share, subject to
• $0.004 — at an effective price of approximately $0.004 per share; (b) 1,250,000 Class A ordina
• $0.005 — AC's IPO from the Sponsor at a price of $0.005 per share; (c) 1,024,335 Class A ordina
• $2.32 — an implied purchase price range between $2.32 and $2.43 per share; and (ii) 9,527,810
• $2.43 — purchase price range between $2.32 and $2.43 per share; and (ii) 9,527,810 warrants
• $10 — ordinary shares is significantly below $10.00, the offering price for the units of
• $2.51 — rice of our Class A ordinary shares was $2.51 per share. Our Public Warrants are list
• $0.0911 — g sale price of our Public Warrants was $0.0911 per warrant. Our Warrants are exercisab
• $198.6 million — nvestor) that purchased an aggregate of $198.6 million of units in WWAC's initial public offer

Filing Documents

• aeriestech_s1a.htm (S-1/A) — 4039KB
• aeriestech_ex5-1.htm (EX-5.1) — 49KB
• aeriestech_ex5-2.htm (EX-5.2) — 24KB
• aeriestech_ex23-1.htm (EX-23.1) — 4KB
• aeriestech_ex23-2.htm (EX-23.2) — 4KB
• ex5-1_001.jpg (GRAPHIC) — 2KB
• ex5-2_001.jpg (GRAPHIC) — 6KB
• ex5-2_002.jpg (GRAPHIC) — 4KB
• 0001829126-24-000227.txt (&nbsp;) — 9379KB
• aert-20230930.xsd (EX-101.SCH) — 42KB
• aert-20230930_cal.xml (EX-101.CAL) — 35KB
• aert-20230930_def.xml (EX-101.DEF) — 236KB
• aert-20230930_lab.xml (EX-101.LAB) — 280KB
• aert-20230930_pre.xml (EX-101.PRE) — 267KB
• aeriestech_s1a_htm.xml (XML) — 1169KB

USE OF PROCEEDS

USE OF PROCEEDS 39 DETERMINATION OF OFFERING PRICE 40 DIVIDEND POLICY 41 UNAUDITED PRO FORMA CONDENSED COMBINED FINANCIAL INFORMATION 43

MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS 57

BUSINESS

BUSINESS 74 MANAGEMENT 86

EXECUTIVE COMPENSATION

EXECUTIVE COMPENSATION 93 BENEFICIAL OWNERSHIP OF SECURITIES 105 SELLING SECURITYHOLDERS 107 CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS 115 DESCRIPTION OF SHARES 118 UNITED STATES FEDERAL INCOME TAX CONSIDERATIONS FOR U.S. HOLDERS 137 PLAN OF DISTRIBUTION 144 LEGAL MATTERS 149 EXPERTS 149 TRANSFER AGENT AND REGISTRAR 149 WHERE YOU CAN FIND MORE INFORMATION 149 INDEX TO FINANCIAL STATEMENTS F-1 You should rely only on the information contained in this prospectus. No one has been authorized to provide you with information that is different from that contained in this prospectus. This prospectus is dated as of the date set forth on the cover hereof. You should not assume that the information contained in this prospectus is accurate as of any date other than that date. For investors outside the United States : We have taken no actions that would permit this offering or possession or distribution of this prospectus in any jurisdiction where action for that purpose is required, other than in the United States. You are required to inform yourselves about and to observe any restrictions relating to this offering and the distribution of this prospectus. i Table of Contents ABOUT THIS PROSPECTUS This prospectus is part of a registration statement on Form S-1 that we filed with the Securities and Exchange Commission (the " SEC ") using the "shelf" registration process. Under this shelf registration process, the Selling Securityholders may, from time to time, sell the securities offered by them described in this prospectus. We will not receive any proceeds from the sale by Selling Securityholders of the securities offered by them. Neither we nor the Selling Securityholders (1) have authorized anyone to provide you with any information or to make any representations other than those contained in this prospectus or any applicable prospectus supplement or any free writing prospectuses prepared by or on behalf of us

View Full Filing

View this S-1/A filing on SEC EDGAR