Ares Acquisition Corporation II
New York Stock ExchangeRecent
price
P/E
ratio
div
yld
- -
ROIC.AI
Capital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
in mil. unless spec.- Similar Companies
- Business
- Ares Acquisition Corporation II operates as a special purpose acquisition company, or SPAC, associated with Ares Management Corporation, established to facilitate a merger, share exchange, asset acquisition, or similar business combination. Since its inception in 2021, the entity has focused on identifying an appropriate business. The company recently entered into a definitive agreement to merge with Kodiak Robotics, a prominent developer of AI-powered autonomous vehicle technology for commercial trucking and government applications. This transaction is expected to finalize in the latter half of 2025, at which point Kodiak Robotics will become a publicly traded entity under the name Kodiak AI, Inc. The proposed combination values Kodiak at approximately $2.5 billion in pre-money equity, bolstered by over $275 million in secured financing.
Kodiak Completes Business Combination with Ares Acquisition Corporation II to Accelerate Journey as a Leading AI-Powered Autonomous Vehicle Technology Company
Kodiak and Ares Acquisition Corporation II Have Raised Over $275 Million to Support Proposed Business Combination Following Redemptions
Ares Acquisition Corporation II Reminds Shareholders to Vote in Favor of the Proposed Business Combination with Kodiak Robotics, Inc. Before September 23, 2025
Roush Delivers First Driverless Kodiak Driver-Equipped Autonomous Truck, Demonstrating Kodiak's Ability to Scale Deployment of Autonomous Trucks
Kodiak Appoints Surajit Datta as Chief Financial Officer
Former Cruise President and CTO Mohamed Elshenawy Joins Kodiak Robotics Board of Directors
Ares Acquisition Corporation II: Kodiak Might Be A Winner
Kodiak Selects Roush as Manufacturing Partner to Upfit Kodiak Driver-Equipped Trucks
Kodiak Appoints Two New Board Members in Preparation for Public Listing via Business Combination with Ares Acquisition Corporation II
Self-Driving Truck Firm Kodiak Robotics Plans to Go Public