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0 0 0 -0.0128755364806867 0.00343347639484971 -0.024892703862661 0.00515021459227472 0.007725321888412
Stock impact report

Kodiak and Ares Acquisition Corporation II Have Raised Over $275 Million to Support Proposed Business Combination Following Redemptions

Ares Acquisition Corporation II Class A Ordinary Shares (AACT) 
Company Research Source: Business Wire
Institutional Investors Have Funded or Committed Over $212 Million in Financing in Total Over $62 million to Remain in Trust Account Following RedemptionsExtraordinary General Meeting of Shareholders Postponed to 2:00 p.m. September 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 $212.5 million financing to Kodiak and AACT invested or committed by institutional investors in connection with the proposed business combination and approximately $62.9 million remaining in the Trust Account following redemptions, before expenses.“We are pl Show less Read more
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