Aeries Technology agrees to pay $911,461 to settle Sea Otter debt
AERT•Aeries Technology agreed on October 30, 2026, to pay Sea Otter Trading $911,461 to settle outstanding Forward Purchase Agreement obligations. The escrow settlement provides for the return of 145,183 Class A ordinary shares held as collateral.
1. Settlement terms
Aeries Technology agreed to pay Sea Otter Trading $911,461 to settle outstanding Forward Purchase Agreement obligations. The escrow settlement provides for the return of 145,183 Class A ordinary shares held as collateral. Completion will trigger mutual releases and terminate prior transaction agreements, subject to surviving provisions.
