Ares Acquisition Corporation
AAC-WT
New York Stock Exchange0.63
USD
-0.02
- -
CIK
0001829432
Return %
Stock
S&P500
1Y
794.89
18.21
3Y
1,154.98
64.38
5Y
1,154.98
72.43
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- CIK
- 0001829432
- Similar Companies
- Business
- Ares Acquisition Corporation (NYSE:AAC-WT) operates as a special purpose acquisition company, or blank check company, whose redeemable warrants entitle holders to purchase one Class A ordinary share at an exercise price of $11.50 upon completion of an initial business combination involving a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar transaction with one or more businesses; the company targets opportunities across any industry, sector, geography, or corporate stage, with a historical focus on North America, Europe, or Asia. Sponsored by Ares Management Corporation, Ares Acquisition Corporation maintains its headquarters at 245 Park Avenue, 44th Floor, New York, NY, and was founded on January 24, 2020 as a Cayman Islands exempted company incorporated for the sole purpose of effecting such a business combination. In a major development, the company mutually terminated its previously announced business combination with X-energy in October 2023 due to challenging market conditions, triggering full redemption of its outstanding Class A ordinary shares at approximately $10.79 per share effective November 7, 2023, with delisting from the NYSE and cessation of operations except for wind-down activities; no redemptions apply to warrants, which continue trading separately post-liquidation.