ZombieTechnology
What Happened to Aeries Technology?
Ticker: AERTSPAC Year: 2021
Return
-96.7%
Current Price
$0.33
Peak Price
$11.4
Trust Size
$42M
Summary
Aeries Technology is a professional services company providing technology-enabled business solutions including digital transformation, data analytics, and business process management.
What Happened
Aeries Technology went public through a SPAC merger and trades on NASDAQ under AERT. The company provides outsourced technology and operations support primarily to financial services and other enterprise clients. The stock has struggled significantly, trading at a fraction of its initial value with going concern warnings.
Timeline
2021-09-30
S-1 Registration Filed