Aeries Technology (NASDAQ: AERT) is a global professional services and technology company that provides AI-enabled business process management and digital transformation solutions. On June 12, 2026, Aeries implemented a 1-for-8 reverse share split of its Class A ordinary shares. As a result, every eight existing shares were consolidated into one new share.
A reverse stock split does not change the overall value of an investor’s position by itself. Instead, it reduces the number of shares outstanding while increasing the per-share price on a proportional basis. Aeries’ shares began trading on a split-adjusted basis on Nasdaq at the market open on June 12, 2026. The company’s ticker symbol remains AERT, while its CUSIP number changed to G0136H128.
The reverse split follows a period of pressure on Aeries’ share price and comes after the company previously received a Nasdaq notice related to minimum bid price compliance. Such actions are often used by companies seeking to raise their per-share trading price and maintain compliance with exchange listing standards.
The stock action comes shortly after Aeries reported improved fiscal 2026 results. For the fiscal year ended March 31, 2026, the company generated approximately $70.0 million in revenue, which was essentially flat compared with the prior fiscal year. However, profitability improved significantly.
Aeries reported net income of $3.5 million for fiscal 2026, compared with a net loss of $21.6 million in fiscal 2025. The company also reported Adjusted EBITDA of $8.3 million, with Adjusted EBITDA margin expanding to 11.9% from negative 6.6% in the prior year.
The company’s return to profitability suggests improved operational efficiency despite limited revenue growth. Aeries also reported positive operating cash flow, further supporting the view that management has made progress in stabilizing the business.
For investors, AERT remains a turnaround story. The reverse split may help the company address listing requirements and improve its per-share trading profile, but the long-term investment case will depend on whether Aeries can turn its improved profitability into sustainable revenue growth.
