NASDAQ:WWAC | Jotup

Aeries Technology, Inc to Become Publicly Traded Company Following Close of Business Combination with Worldwide Webb Acquisition Corp.

Retrieved on:

Tuesday, November 7, 2023

Professional Services, Consulting, Business analyst, Bell, Closing Bell, Mass meeting, Acquisition, Kirkland & Ellis, Growth, CRM, ERP, Sales, Cryptocurrency, WWAC, Aeris (airline)

Aeries Technology , Inc (“Aeries” or “the Company”), a global professional services and consulting partner, today announced that it completed its previously announced business combination (the “Business Combination”) with Worldwide Webb Acquisition Corp. (formerly Nasdaq: WWAC) (“WWAC”), a publicly traded special purpose acquisition company, on November 6, 2023.

Key Points:

Aeries Technology , Inc (“Aeries” or “the Company”), a global professional services and consulting partner, today announced that it completed its previously announced business combination (the “Business Combination”) with Worldwide Webb Acquisition Corp. (formerly Nasdaq: WWAC) (“WWAC”), a publicly traded special purpose acquisition company, on November 6, 2023.
The Business Combination was approved at a General Meeting of Worldwide Webb Acquisition Corp.’s shareholders on November 2, 2023.
“This is an exciting time for Aeries Technology as we announce the closing of our business combination with Worldwide Webb Acquisition Corp. and begin trading as a public company,” said Sudhir Panikassery, Chief Executive Officer and Co-Founder of Aeries.
To memorialize the completion of the Business Combination, Aeries will be ringing the Closing Bell at the NASDAQ at 4:00 p.m.

Worldwide Webb Acquisition Corp. Stockholders Approve Business Combination with Aeries Technology

Retrieved on:

Thursday, November 2, 2023

Professional Services, Technology, Other Technology, Finance, Consulting, Banking, WWAC, Business analyst, Annual general meeting, Acquisition, Bangladesh Securities and Exchange Commission, Security (finance), Aeris (airline)

Worldwide Webb Acquisition Corp. (“WWAC”) (Nasdaq: WWAC), a special purpose acquisition company, today announced that its stockholders approved all proposals related to the previously announced business combination (the “Business Combination”) with Aark Singapore Pte.

Key Points:

Worldwide Webb Acquisition Corp. (“WWAC”) (Nasdaq: WWAC), a special purpose acquisition company, today announced that its stockholders approved all proposals related to the previously announced business combination (the “Business Combination”) with Aark Singapore Pte.
Ltd., a Singapore private company limited and its subsidiary (“Aeries Technology” or “Aeries”) at its Annual General Meeting held on November 2, 2023.
The business combination is being implemented pursuant to the Business Combination Agreement, dated March 11, 2023, by and among WWAC, WWAC Amalgamation Sub Pte.
Approximately 99.87% of the votes cast at the meeting on the business combination proposal, representing approximately 81.71% of WWAC’s outstanding shares, voted to approve the Business Combination.

Worldwide Webb Acquisition Corp. Announces Postponement of Annual General Meeting

Retrieved on:

Wednesday, October 25, 2023

Professional Services, Finance, Annual general meeting, Security (finance), Proxy, Annual, Mountain Time Zone, Rare-earth element, Holding company

Worldwide Webb Acquisition Corp. (“WWAC” or the "Company") today announced that it will postpone the Annual General Meeting, originally scheduled to be held at 9:00 a.m., Mountain Time, on October 30, 2023, to 9:00 a.m., Mountain Time on November 2, 2023.

Key Points:

Worldwide Webb Acquisition Corp. (“WWAC” or the "Company") today announced that it will postpone the Annual General Meeting, originally scheduled to be held at 9:00 a.m., Mountain Time, on October 30, 2023, to 9:00 a.m., Mountain Time on November 2, 2023.
Information regarding how to attend the Annual General Meeting and vote is available in the Company's proxy statement, filed with the Securities and Exchange Commission (the “SEC”) on October 17, 2023.
There is no change to the location, the record date, the purpose or any of the proposals to be acted upon at the Annual General Meeting.
Shareholders can demand redemption prior to 5:00 p.m. Eastern Time, on October 31, 2023 (two business days before the postponed Annual General Meeting).

Aeries Technology and Worldwide Webb Acquisition Corporation Announce Effectiveness of Registration Statement and October 30, 2023 Annual General Meeting to Approve Business Combination

Retrieved on:

Tuesday, October 17, 2023

Software, Networks, Data Analytics, Finance, Consulting, Banking, Professional Services, Technology, WWAC, Combination, Business analyst, Annual general meeting, Form, Acquisition, Kirkland & Ellis, Annual, Security (finance)

The annual general meeting of shareholders (the “Annual General Meeting”) to approve the Business Combination is scheduled to be held on October 30, 2023 at 11:00 a.m. Eastern Time.

Key Points:

The annual general meeting of shareholders (the “Annual General Meeting”) to approve the Business Combination is scheduled to be held on October 30, 2023 at 11:00 a.m. Eastern Time.
Holders of WWAC’s ordinary shares at the close of business on the record date of September 13, 2023 are entitled to notice of the Annual General Meeting and to vote at the Annual General Meeting.
More details about the Business Combination and the resolutions to be voted upon at the Annual General Meeting can be found in the definitive proxy statement/prospectus filed by WWAC, available at: http://www.sec.gov .
The Nasdaq listing is subject to the closing of the business Combination and fulfillment of all Nasdaq listing requirements.

Worldwide Webb Acquisition Corp. Announces $5 Million PIPE Subscription Agreement Executed

Retrieved on:

Monday, June 5, 2023

Professional Services, Finance, WWAC, PIPE, Growth, Acquisition, Music, Security (finance), Aeris (airline)

Worldwide Webb Acquisition Corp. (NASDAQ: WWAC) (“WWAC”) today announced that it has entered into a Subscription Agreement totaling $5 million at a purchase price of $4.84 per share in a private placement to be consummated substantially concurrently with the consummation WWAC’s acquisition of Aark Singapore Pte.

Key Points:

Worldwide Webb Acquisition Corp. (NASDAQ: WWAC) (“WWAC”) today announced that it has entered into a Subscription Agreement totaling $5 million at a purchase price of $4.84 per share in a private placement to be consummated substantially concurrently with the consummation WWAC’s acquisition of Aark Singapore Pte.
Ltd.(collectively with certain of its subsidiaries, “Aeries Technology” or “Aeries”).
Daniel Webb, WWAC CEO, said: “Executing this Subscription Agreement is a major step forward in progressing our business combination with Aeries and represents a strong effort by the WWAC and Aeries teams.
We are grateful for the commitment and support we have received from our new PIPE investor.

Aeries Technology and Worldwide Webb Acquisition Corp. Announce Filing of Registration Statement on Form S-4 in Connection with their Proposed Business Combination

Retrieved on:

Monday, May 15, 2023

Professional Services, Data Management, Technology, Other Technology, Finance, Consulting, Banking, Form, Aerie (clothing retailer), Acquisition, File, Combination, Security (finance), WWAC

Aark Singapore Pte.

Key Points:

Aark Singapore Pte.
Ltd., and its subsidiary (“Aeries Technology” or “Aeries”), a global professional services and consulting partner for business leadership teams, private equity sponsors, and their portfolio companies, and Worldwide Webb Acquisition Corp. (NASDAQ: WWAC) (“WWAC”), a publicly traded special purpose acquisition company, today announced the filing by WWAC with the U.S. Securities and Exchange Commission (the "SEC") a registration statement on Form S-4 on May 12, 2023, which contains a preliminary proxy statement/prospectus (the “proxy statement”) in connection with their previously announced proposed business combination.
The filing can be viewed in its entirety on the SEC’s website at www.sec.gov , and a link to WWAC’s SEC filings is available under the “ “SEC Filings” section of WWAC’s website at www.wwac1.com .
On March 11, 2023, WWAC and Aeries Technology, among others, entered into a business combination agreement (the “Business Combination Agreement”), pursuant to which, Aeries Technology will become a subsidiary of WWAC, and Aeries will become an indirect subsidiary of WWAC, which will change its name to “Aeries Technology, Inc.”
Although the proxy statement has not yet become effective and the information contained therein is subject to change, it provides important information about Aeries Technology, Aeries and WWAC, as well as the proposed business combination.

Aeries Technology Launches Cyber Security Managed Services Offering

Retrieved on:

Tuesday, April 11, 2023

Technology, Internet, Security, Information, ISMS, Risk, Privacy, Cryptocurrency

Aeries Technology, a global professional services and consulting partner for business leadership teams, private equity sponsors, and their portfolio companies, today announced the launch of its cyber security managed services offering, giving companies access to world-class cyber security services and Information Security Management Systems (ISMS) designed to meet and exceed the standards of an enterprise-level Chief Information Security Officer at a lower cost of hiring in-house experts.

Key Points:

Aeries Technology, a global professional services and consulting partner for business leadership teams, private equity sponsors, and their portfolio companies, today announced the launch of its cyber security managed services offering, giving companies access to world-class cyber security services and Information Security Management Systems (ISMS) designed to meet and exceed the standards of an enterprise-level Chief Information Security Officer at a lower cost of hiring in-house experts.
This new comprehensive offering includes a full array of cyber security initiatives such as governance, risk & compliance frameworks, application security services, data security & privacy services, cloud & infrastructure security and more through a team of Aeries Technology professionals dedicated to keeping corporate digital assets safe and secure.
The Aeries Technology cyber security team is not only highly skilled and certified in managed security service technologies, but is also vendor agnostic, allowing clients the flexibility to choose the security model and services that best suits their business.
The full suite of managed cyber security offerings launched today includes:

Aeries Technology Enters Into Definitive Merger Agreement with Worldwide Webb Acquisition Corp (NASDAQ: WWAC)

Retrieved on:

Monday, March 13, 2023

I could not be more thrilled to work with the Aeries Technology team and look forward to a very successful partnership.” – Daniel Webb, CEO of Worldwide Webb Acquisition Corp.

Key Points:

I could not be more thrilled to work with the Aeries Technology team and look forward to a very successful partnership.” – Daniel Webb, CEO of Worldwide Webb Acquisition Corp.
The business combination values Aeries Technology at an implied market capitalization of $656 million, assuming no redemptions by Worldwide Webb Acquisition Corp. and including $50 million of additional capital.
The board of directors of both Aeries Technology and Worldwide Webb Acquisition Corp. have each approved the proposed transaction.
Norton Rose Fulbright and Shearman & Sterling are representing Aeries Technology and Worldwide Webb Acquisition Corp., respectively, as legal counsel.