Venu Raman Kumar Amends Aeries Technology Stake

TL;DR

Kumar updated his Aeries Tech filing, watch for ownership changes.

AI Summary

Venu Raman Kumar has amended their Schedule 13D filing for Aeries Technology, Inc. on June 21, 2024. This filing indicates a change in beneficial ownership of the company's Class A Ordinary Shares. The specific details of the change in ownership percentage or number of shares are not provided in this excerpt.

Why It Matters

Changes in beneficial ownership filings like this can signal shifts in control or significant investor sentiment towards a company, potentially impacting its stock price.

Risk Assessment

Risk Level: medium — Schedule 13D filings indicate significant ownership stakes, and amendments can signal strategic moves by large shareholders.

Key Players & Entities

• Venu Raman Kumar (person) — Filing party and beneficial owner
• Aeries Technology, Inc. (company) — Subject company
• Worldwide Webb Acquisition Corp. (company) — Former company name for Aeries Technology, Inc.

FAQ

Key Financial Figures

• $0.0001 — e of Issuer) Class A Ordinary Shares, $0.0001 par value (Title of Class of Securiti

Filing Documents

• aeriestechnology_sc13da.htm (SC 13D/A) — 53KB
• 0001829126-24-004423.txt ( ) — 55KB

From the Filing

SC 13D/A 1 aeriestechnology_sc13da.htm SC 13D/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D/A Under the Securities Exchange Act of 1934 (Amendment No. 3)* INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO § 240.13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO § 240.13d-2(a) AERIES TECHNOLOGY, INC. (Name of Issuer) Class A Ordinary Shares, $0.0001 par value (Title of Class of Securities) G0136H102 (CUSIP Number) Venu Raman Kumar 74 Trevose Crescent Singapore 298086 (919) 228-6404 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) June 21, 2024 (Date of Event Which Requires Filing of This Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box . Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See § 240.13d-7 for other parties to whom copies are to be sent. * The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes ). CUSIP NO. G0136H102 1 NAME OF REPORTING PERSON Venu Raman Kumar 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) (b) 3 SEC USE ONLY 4 SOURCE OF FUNDS OO 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) 6 CITIZENSHIP OR PLACE OF ORGANIZATION United Arab Emirates NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 22,460,000 (1) 8 SHARED VOTING POWER 5,638,530 (1) 9 SOLE DISPOSITIVE POWER 22,460,000 (1) 10 SHARED DISPOSITIVE POWER 5,638,530 (1) 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 28,098,530 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 62.13% 14 TYPE OF REPORTING PERSON IN 1 Includes (i) 5,638,530 Class A ordinary shares (the “Class A Ordinary Shares”) of Aeries Technology, Inc. (the “Issuer”) held directly by Innovo Consultancy DMCC (“Innovo”), which is wholly owned by Mr. Kumar, (ii) 21,337,000 Class A Ordinary Shares held directly by Mr. Kumar, and (iii) the right to acquire up to 1,123,000 Class A Ordinary Shares pursuant to that certain Exchange Agreement. 1 1 NAME OF REPORTING PERSON Innovo Consultancy DMCC 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) (b) 3 SEC USE ONLY 4 SOURCE OF FUNDS OO 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) 6 CITIZENSHIP OR PLACE OF ORGANIZATION United Arab Emirates NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 0 8 SHARED VOTING POWER 5,638,530 (1) 9 SOLE DISPOSITIVE POWER 0 10 SHARED DISPOSITIVE POWER 5,638,530 (1) 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,638,530 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 12.79% 14 TYPE OF REPORTING PERSON CO 1 Includes 5,638,530 Issuer Class A Ordinary Shares held directly by Innovo. Mr. Kumar is the sole owner of Innovo and the chair of the board of directors of Innovo. 2 This Amendment No. 3 to Schedule 13D (this “Amendment No. 3”), further amends and supplements the Schedule 13D filed by the Reporting Persons on December 13, 2023, as amended by Amendment No. 1 filed on March 28, 2024 and Amendment No. 2 filed on April 9, 2024 (as amended, this “Schedule 13D”), relating to the Class A ordinary shares (the “Class A Ordinary Shares”) of Aeries Technology, Inc. (the “Issuer”). This Amendment No. 3 is being jointly filed by Mr. Venu Raman Kumar and Innovo Consultancy DMCC (collectively, the “Reporting Persons”). The Items below amend and supplement the information disclosed under the corresponding Items of the Schedule 13D as described below. Except as specifically provided herein, this Amendment No. 3 does not modify any of the information previously reported in the Schedule 13D. Item 5.

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View this SC 13D/A filing on SEC EDGAR