Aeries Technology, Inc. (NASDAQ: AERT) shares gained territory Thursday. The company, a global leader in AI-enabled value creation and business transformation for private equity (PE) portfolio companies, today announced that it has received written notification from The NASDAQ Stock Market LLC confirming that the Company has regained compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) for continued listing on The NASDAQ Capital Market. NASDAQ has advised the Company that the matter is now closed.
As previously announced, the Company effected a 1-for-8 share consolidation that became effective on June 12, 2026. Following the share consolidation, the Company's common stock maintained a closing bid price of at least $1.00 per share for the requisite compliance period. Accordingly, NASDAQ has determined that the Company has regained compliance with NASDAQ Listing Rule 5550(a)(2), and the deficiency matter is now closed.
Aeries Technology is a global leader in AI-enabled value creation and business transformation for private equity portfolio companies and mid-market enterprises. According to this morning’s news release, “the Company helps organizations accelerate growth, optimize operations, and create long-term enterprise value through specialized talent, technology, and AI-enabled operating models.”
AERT shares took on 44 cents, or 7%, to $6.73.
