Aeries Technology Regains Compliance with Nasdaq Listing Requirements

Core Viewpoint - Aeries Technology has successfully restored compliance with Nasdaq's minimum bid price requirement, allowing it to continue trading on the Nasdaq Capital Market without the need for a hearing or appeal process [1]. Group 1: Compliance and Market Position - The company has restored compliance with Nasdaq Listing Rule 5550(a)(2) and will continue trading on the Nasdaq Capital Market [1]. - No hearing or appeal process was necessary, indicating a smooth resolution of the compliance issue [1]. Group 2: Leadership and Strategic Focus - Ajay Khare, the CEO, expressed gratitude for shareholder support and emphasized the company's focus on execution and long-term value creation [2]. - Aeries Technology is committed to strengthening its platform for AI-driven business transformation and Global Capability Center (GCC) delivery [3]. Group 3: Business Model and Services - The company supports private equity partners in scaling and optimizing portfolio companies through digital innovation, operational efficiency, and access to global talent via unique GCC solutions [3]. - Aeries Technology is recognized as a global leader in AI-enabled value creation and business transformation for private-equity portfolio companies [4].