Aeries Technology, Inc entered into a share subscription agreement with an institutional accredited investor Oyster Bay Fund Limited to issue 2,261,778 newly issued Class A ordinary shares of the Company, $0.0001 par value per share at a purchase price of $2.21 per share for gross proceeds $4,998,529.38 on April 8, 2024. The issuance of the Shares to the Investor pursuant to the Agreement has been conducted in reliance on an exemption from registration provided by Section 4(a)(2) of the Securities Act of 1933, as amended, on the basis that the Investor is an accredited investor and the Company did not engage in any general solicitation in connection with such offer and sale. The Agreement contains customary representations, warranties and covenants of the parties, and the closing was subject to customary closing conditions.
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5-day change | 1st Jan Change | ||
1.402 USD | -1.27% | -1.96% | -43.92% |
Apr. 08 | Aeries Technology, Inc announced that it expects to receive $4.998529 million in funding | CI |
Mar. 25 | Aeries Technology Inc. Appoints Mario Jiminez as the Head of Mexico Operations | CI |
1st Jan change | Capi. | |
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-43.92% | 49.89M | |
+9.73% | 7.61B | |
-35.18% | 3.09B | |
+5.01% | 2.63B | |
-4.69% | 1.5B | |
-15.76% | 1.01B | |
+15.96% | 761M | |
-13.07% | 669M | |
-2.68% | 611M | |
-16.44% | 592M |
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- Aeries Technology, Inc announced that it expects to receive $4.998529 million in funding