Worldwide Webb Acquisition Corp. Stockholders Approve Business Combination With Aeries Technology
Portfolio Pulse from Benzinga Newsdesk
Worldwide Webb Acquisition Corp. (WWAC) announced that its stockholders approved all proposals related to the business combination with Aark Singapore Pte. Ltd. and its subsidiary, Aeries Technology. Approximately 99.87% of the votes cast at the meeting, representing about 81.71% of WWAC's outstanding shares, voted to approve the Business Combination. The combined company will operate as Aeries Technology, Inc. and its shares of Class A common stock and warrants are expected to trade on The Nasdaq Stock Market LLC beginning November 7, 2023 under the symbols 'AERT' and 'AERTW'.
November 02, 2023 | 9:44 pm
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WWAC's stockholders approved the business combination with Aeries Technology. The combined company will trade on Nasdaq under the symbol 'AERT'.
The approval of the business combination by WWAC's stockholders is a significant event that could potentially increase the company's market value. The combined company will trade under a new symbol, which could attract new investors and potentially increase the stock price.
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