AERT
Aeries Technology, Inc0.5750
-0.0148-2.51%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
28.09MP/E (TTM)
-Basic EPS (TTM)
0.00Dividend Yield
0%Recent Filings
10-Q
8-K
8-K
ATM share sales agreement
Aeries Technology inked a sales agreement with Roth Capital Partners on October 1, 2025, enabling at-the-market offerings of up to $4.485 million in Class A ordinary shares. The agent earns a 3.0% commission on sales, with reimbursements capped at $40,000 initially and $5,000 quarterly. No sales are guaranteed; it hinges on market conditions and capital needs. This flexible funding avenue bolsters liquidity without immediate dilution.
8-K
Settles FPA via share sales
Aeries Technology entered a letter agreement with Sandia on September 16, 2025, to settle a $3 million payment obligation under their forward purchase agreement by allowing Sandia to sell 1,232,893 held Class A shares at no less than $1.05 each through December 31, 2025, offsetting $343,777 in prior proceeds against the remaining $2.66 million liability. If proceeds fall short, Aeries will issue at least 500,000 additional shares valued at the higher of $1.00 or the 30-day VWAP, registerable for resale. This structured settlement avoids immediate cash outlay while tying dilution to share performance. Delisting would accelerate payment due.
8-K
Record Q1 profit turnaround
Aeries Technology swung to $1.7 million net income for Q1 FY2026 ended June 30, 2025, from a $15.3 million loss last year, fueled by $15.3 million revenue from AI-powered GCC services and SG&A expenses slashed over 85%. Operational tweaks, including exiting non-core units and tightening controls, flipped cash flow positive at $1.4 million. This leaner model positions Aeries for scalable growth. Yet risks like economic volatility loom.
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