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Aeries Technology, Inc. [AERTW]

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Aeries Technology, Inc. operates as a special purpose acquisition company (SPAC) formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. Headquartered in Los Angeles, California, the company went public in 2021 through its initial public offering. AERTW represents the warrant component of Aeries Technology's securities, with each warrant entitling the holder to purchase one share of common stock at a specified exercise price. The company focuses on identifying target businesses primarily in the technology, media, and telecommunications sectors, seeking companies with strong growth potential and competitive market positions. Aeries Technology is led by a management team with extensive experience in technology investing, corporate development, and operational management. As a blank check company, Aeries Technology does not currently generate operating revenue and maintains a limited operational footprint while pursuing its business combination strategy. The company raised capital through its IPO to fund its acquisition activities and operating expenses during the search for a suitable merger target. Per SPAC regulations, Aeries Technology operates under defined timeframes to complete a qualifying business combination, with funds held in trust until a transaction closes or the company liquidates and returns capital to shareholders.