NYSE · AACT
Financial Services · Shell Companies
$9.49
Up+$0.61 (+6.87%)
Updated Aug 30, 2026, 7:17 PM
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Ares Acquisition Corporation II focuses on effecting a merger, share exchange, share purchase, asset acquisition, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in New York, New York.
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Benzinga · Sep 24, 2025
Kodiak AI successfully completed its business combination with Ares Acquisition Corporation II, becoming a public company trading on Nasdaq with a $2.5 billion valuation. The company aims to transform freight transportation through its AI-powered autonomous vehicle technology.
Benzinga · Sep 24, 2025
Ares Acquisition Corp II saw a 6.42% after-hours stock increase following a successful fundraising of over $212.5 million for its planned merger with Kodiak Robotics, an autonomous vehicle technology company, with backing from institutional investors like Soros Fund Management and ARK Investments.
businesswire.com · Sep 23, 2025
MOUNTAIN VIEW, Calif. & NEW YORK--(BUSINESS WIRE)--Kodiak Robotics, Inc. (“Kodiak” or the “Company”), a leading provider of AI-powered autonomous vehicle technology, and Ares Acquisition Corporation II (NYSE: AACT) (“AACT”), a publicly traded special purpose acquisition company, today announced that, following redemptions, they have raised over $275 million to support the proposed business combination (the “proposed business combination”) between AACT and Kodiak. This includes approximately $21.
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