0001829126-24-001986.txt : 20240328 0001829126-24-001986.hdr.sgml : 20240328 20240328160533 ACCESSION NUMBER: 0001829126-24-001986 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240326 FILED AS OF DATE: 20240328 DATE AS OF CHANGE: 20240328 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Kumar Venu Raman CENTRAL INDEX KEY: 0001441841 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-40920 FILM NUMBER: 24798795 MAIL ADDRESS: STREET 1: GODREJ INDUSTRIES COMPLEX, GATE #4 STREET 2: PIROJSHANAGAR, EASTERN EXPRESS HIGHWAY CITY: VIKHROLI (EAST), MUMBAI STATE: K7 ZIP: 400079 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Aeries Technology, Inc. CENTRAL INDEX KEY: 0001853044 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MANAGEMENT CONSULTING SERVICES [8742] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 000000000 FISCAL YEAR END: 0331 BUSINESS ADDRESS: STREET 1: 190 ELGIN AVENUE CITY: GEORGE TOWN STATE: E9 ZIP: KY1-9008 BUSINESS PHONE: 415-629-9066 MAIL ADDRESS: STREET 1: 190 ELGIN AVENUE CITY: GEORGE TOWN STATE: E9 ZIP: KY1-9008 FORMER COMPANY: FORMER CONFORMED NAME: Worldwide Webb Acquisition Corp. DATE OF NAME CHANGE: 20210324 4 1 ownership.xml FORM 4 X0508 4 2024-03-26 0 0001853044 Aeries Technology, Inc. AERT 0001441841 Kumar Venu Raman 74 TREVOSE CRESCENT SINGAPORE U0 298086 SINGAPORE 1 0 1 0 0 AARK Shares Put Exchange Right 2024-03-26 4 A 0 10000 A Class A Ordinary Shares 22460395 10000 D AARK Shares Call Exchange Right 2024-03-26 4 D 0 10000 A Class A Ordinary Shares 22460395 10000 D Pursuant to the terms and subject to the restrictions set forth in that certain Exchange Agreement, dated as of November 6, 2023 (the "Exchange Agreement"), by and among Aeries Technology, Inc. (the "Issuer"), Aark Singapore Pte. Ltd. ("AARK"), and Venu Raman Kumar, the reporting person has a put exchange right, subject to certain exercise conditions, to exchange the reporting person's ordinary shares of AARK, par value SGD1.00 per share (the "AARK Shares"), for Class A ordinary shares, par value $0.0001 per share ("Class A Ordinary Shares") of the Issuer, at an exchange rate of approximately 2,246 Class A Ordinary Shares for each AARK Share. The Issuer also has a call exchange right under the Exchange Agreement, subject to the exercise conditions, to require the reporting person to exchange up to all of the reporting person's AARK Shares for Class A Ordinary Shares or a cash exchange payment. (Continued from footnote 1) The Issuer determined that the exercise conditions to the exchange rights were satisfied on March 26, 2024. As of the date of this Form 4, the reporting person has the right to exchange up to 20% of the AARK Shares and, on and after April 1, 2024, the reporting person has the right to exchange 100% of the AARK Shares. In addition, subject to certain conditions, either the call exchange or put exchange may be settled with a cash exchange payment calculated as the arithmetic average of the volume-weighted average price of Class A Ordinary Shares for the five (5) consecutive trading days ending on the date that is two (2) business days after the reporting person delivers notice of the exercise of the put exchange. /s/ Venu Raman Kumar 2024-03-28