SEC Comment Letter 0000000000-24-002430 to Aeries Technology, Inc. (AERT, AERTW) (CIK 0001853044) (AERT)
Aeries Technology, Inc. (AERT, AERTW) (CIK 0001853044)
Date: March 4, 2024 · CIK: 0001853044 · Accession: 0000000000-24-002430
AI Filing Summary & Sentiment
File numbers found in text: 333-276173
Letter
United States securities and exchange commission logo March 4, 2024 Sudhir Panikassery Chief Executive Officer Aeries Technology, Inc. 60 Paya Lebar Road, #08-13 Paya Lebar Square Singapore 409051 Re:Aeries Technology, Inc. Amendment No. 3 to Registration Statement on Form S-1 Filed February 26, 2024 File No. 333-276173 Dear Sudhir Panikassery: We have reviewed your amended registration statement and have the following comment(s). Please respond to this letter by amending your registration statement and providing the requested information. If you do not believe a comment applies to your facts and circumstances or do not believe an amendment is appropriate, please tell us why in your response. After reviewing any amendment to your registration statement and the information you provide in response to this letter, we may have additional comments. Amendment No. 3 to Registration Statement on Form S-1 filed February 26, 2024 Aeries' Management's Discussion and Analysis of Financial Condition and Results of Operations Liquidity and Capital Resources, page 72 1.Please restore in this section disclosure relating to the following topics that were raised in our prior comment letters or tell us why you believe such disclosure should not be provided: •comparison of the projected revenues prepared in connection with the evaluation of the business combination and your actual revenues, and any resulting impacts to your financial position; •any changes in the company's liquidity position since the closing of the business combination, or an indication that there have been no such material changes; and •payment of the Maturity Consideration pursuant to the Forward Purchase Agreements and how this may impact the cash you have available for other purposes and to
FirstName LastNameSudhir Panikassery Comapany NameAeries Technology, Inc. March 4, 2024 Page 2 FirstName LastName Sudhir Panikassery Aeries Technology, Inc. March 4, 2024 Page 2 execute your business strategy. Please contact Rebekah Reed at 202-551-5332 or Mara Ransom at 202-551-3264 with any other questions. Sincerely, Division of Corporation Finance Office of Trade & Services cc: Lance Hancock
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United States securities and exchange commission logo
March 4, 2024
Sudhir Panikassery
Chief Executive Officer
Aeries Technology, Inc.
60 Paya Lebar Road, #08-13
Paya Lebar Square
Singapore 409051
Re:Aeries Technology, Inc.
Amendment No. 3 to Registration Statement on Form S-1
Filed February 26, 2024
File No. 333-276173
Dear Sudhir Panikassery:
We have reviewed your amended registration statement and have the following
comment(s).
Please respond to this letter by amending your registration statement and providing the
requested information. If you do not believe a comment applies to your facts and circumstances
or do not believe an amendment is appropriate, please tell us why in your response.
After reviewing any amendment to your registration statement and the information you
provide in response to this letter, we may have additional comments.
Amendment No. 3 to Registration Statement on Form S-1 filed February 26, 2024
Aeries' Management's Discussion and Analysis of Financial Condition and Results of Operations
Liquidity and Capital Resources, page 72
1.Please restore in this section disclosure relating to the following topics that were raised in
our prior comment letters or tell us why you believe such disclosure should not be
provided:
•comparison of the projected revenues prepared in connection with the evaluation of
the business combination and your actual revenues, and any resulting impacts to your
financial position;
•any changes in the company's liquidity position since the closing of the business
combination, or an indication that there have been no such material changes; and
•payment of the Maturity Consideration pursuant to the Forward Purchase Agreements
and how this may impact the cash you have available for other purposes and to
FirstName LastNameSudhir Panikassery
Comapany NameAeries Technology, Inc.
March 4, 2024 Page 2
FirstName LastName
Sudhir Panikassery
Aeries Technology, Inc.
March 4, 2024
Page 2
execute your business strategy.
Please contact Rebekah Reed at 202-551-5332 or Mara Ransom at 202-551-3264 with
any other questions.
Sincerely,
Division of Corporation Finance
Office of Trade & Services
cc: Lance Hancock