Aeries Technology Completes 1-for-8 Reverse Stock Split and Adjusts Warrants to Maintain Nasdaq Listing

summarizeSummary

Aeries Technology, Inc. has completed a 1-for-8 reverse stock split, reducing outstanding shares from approximately 45.9 million to 5.7 million and adjusting warrant terms, a move aimed at addressing Nasdaq's minimum bid price requirement.

check_boxKey Events

• 1-for-8 Reverse Stock Split Completed

  The company's Class A ordinary shares underwent a 1-for-8 reverse stock split, effective June 12, 2026, to increase its per-share price and meet Nasdaq listing requirements.

• Share Count and Par Value Adjusted

  Outstanding Class A ordinary shares were reduced from approximately 45,914,789 to 5,739,349. The par value per share was increased from $0.0001 to $0.0008, and authorized shares were reduced from 500,000,000 to 62,500,000.

• Warrant Terms Proportionally Adjusted

  Each warrant now represents the right to purchase 1/8th of a Class A ordinary share, and the exercise price for a whole share has been increased eight-fold from $11.50 to $92.00. Redemption thresholds for warrants were also adjusted.

• Fractional Shares Rounded

  No fractional shares were issued in connection with the stock split, with any resulting fractional shares rounded up to the nearest whole share. Fractional shares from warrant exercises will be rounded down.

auto_awesomeAnalysis

This filing confirms the execution of a 1-for-8 reverse stock split, a critical action for Aeries Technology to regain compliance with Nasdaq's minimum bid price requirement. The company has been facing a delisting threat and a going concern warning, making this move essential for its continued public listing. The reverse split significantly reduces the number of outstanding shares and proportionally adjusts the terms of existing warrants, impacting all shareholders and warrant holders.