Aeries Technology entered a Letter Agreement with Sea Otter Trading to settle $1,141,461 in past-due maturity consideration from an OTC prepaid forward transaction. The settlement requires an initial cash payment of $100,000 and monthly amortization payments of $75,000 starting September 15, 2026, plus 7.5% annual interest on the outstanding balance. Aeries will issue 145,183 Class A ordinary shares as collateral to Sea Otter within fifteen business days, with additional shares issued if collateral value falls below the liability. Sea Otter may sell collateral shares at prices no lower than $8.40 per share, applying proceeds to the debt while retaining excess amounts. The company operates in the technology sector.