Worldwide Webb Acquisition Corp.
WWACW
NASDAQ Global Market0.14
USD
-0.01
- -
CIK
0001853044
CUSIP
G97775111
Return %
Stock
S&P500
1Y
575.00
18.21
3Y
-74.32
63.29
5Y
-74.32
74.90
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Daniel S. Webb
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 770 East Technology Way F13-16 Orem UT United States of America 84097
- CIK
- 0001853044
- Website
- wwac1.com
- Similar Companies
- Business
- Worldwide Webb Acquisition Corp. (NASDAQ:WWACW) is a special purpose acquisition company, or blank check company, focused on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses, particularly in high-growth sectors such as digital asset technology, blockchain infrastructure, financial technology, direct-to-consumer brands, Amazon-centric businesses, online marketplaces, food tech, new media, digital health, software-as-a-service, fintech, and adjacent technology-driven industries. The company offers no operating products or services of its own, as it functions solely as a blank check entity with proceeds from its initial public offering held in trust pending completion of a target business combination; its securities include units trading under WWACU, Class A ordinary shares under WWAC, and public warrants under WWACW. Founded in 2021 and headquartered in Orem, Utah, the company targets businesses with established market positions, scalable models, and strong management teams capable of driving sustainable growth. In a major development, Worldwide Webb Acquisition Corp. completed a business combination with Aeries Technology, Inc. (formerly Aark Singapore Pte Ltd. and its subsidiaries) on November 6, 2023, pursuant to which WWAC was renamed Aeries Technology, Inc., with Aeries becoming a publicly traded global professional services and consulting firm specializing in technology and business process solutions for private equity portfolio companies and middle-market clients through Global Capability Centers; the combined entity now operates primarily through North America and Asia Pacific segments, with approximately 1,500 employees and a focus on purpose-built teams leveraging emerging technology for client savings. Stockholders approved the transaction on November 2, 2023, following a definitive merger agreement announced in March 2023 valuing Aeries at a pro forma implied market capitalization of approximately $650-$656 million, with Aeries shareholders rolling 100% of their equity and bonus shares issued to incentivize non-redemptions. Post-combination, WWACW warrants continue trading under their existing ticker, reflecting the legacy structure of the SPAC.