Ares Acquisition Corporation
New York Stock ExchangeCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- David B. Kaplan
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 245 Park Avenue New York City NY United States of America 10167
- IPO Date
- Mar 25, 2021
- CIK
- 0001829432
- Similar Companies
- Business
- Ares Acquisition Corporation (NYSE: AAC) is a blank check company, or special purpose acquisition company (SPAC), formed to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company has not yet completed its initial business combination and focuses on target companies in the industrials, manufacturing, or business services sectors, particularly those with enterprise values between $1 billion and $5 billion. Its securities offerings include 34,500,000 units sold in its initial public offering at $10.00 per unit, comprising one share of Class A common stock and one-half of one redeemable warrant, with each whole warrant exercisable for one share of Class A common stock at $11.50; the company does not have operations of its own and holds investment proceeds in a trust account for the benefit of public stockholders. Ares Acquisition Corporation was founded in 2020 and is headquartered in New York, New York, with operations managed through its sponsor, Ares Acquisition Holdings LP, an affiliate of Ares Management Corporation. As of late 2025, the company continues to seek a suitable business combination target, with no publicly announced recent partnerships, acquisitions, funding rounds, product launches, or strategic shifts in the past 1-2 years.
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