Ares Acquisition Corporation (NYSE: AAC) is a special purpose acquisition company (SPAC) affiliated with Ares Management Corporation, formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination. AAC is seeking to pursue an initial business combination target in any industry or sector in North America, Europe or Asia. For more information about AAC, please visit www.aresacquisitioncorporation.com.
Company profile
Ticker
AAC, AAC-WT
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
AAC stock data
Latest filings (excl ownership)
15-12G
Securities registration termination
20 Nov 23
10-Q
2023 FY
Quarterly report
7 Nov 23
25-NSE
Exchange delisting
7 Nov 23
425
Business combination disclosure
2 Nov 23
8-K
Other Events
2 Nov 23
425
Business combination disclosure
31 Oct 23
8-K
Other Events
31 Oct 23
425
Business combination disclosure
31 Oct 23
8-K
X-energy and Ares Acquisition Corporation Mutually Agree to Terminate Business Combination Agreement
31 Oct 23
425
Business combination disclosure
27 Oct 23
Latest ownership filings
SC 13G/A
ARISTEIA CAPITAL, L.L.C.
12 Feb 24
SC 13G/A
Ares Acquisition Holdings LP
9 Feb 24
SC 13G/A
GLAZER CAPITAL, LLC
11 Dec 23
SC 13G/A
ARISTEIA CAPITAL LLC
13 Feb 23
SC 13G
GLAZER CAPITAL, LLC
10 Jan 23
SC 13G
ARISTEIA CAPITAL LLC
14 Feb 22
SC 13G
Ares Acquisition Holdings LP
11 Feb 22
3
Michael J Arougheti
1 Feb 21
3
Initial statement of insider ownership
1 Feb 21
3
Peter Ogilvie
1 Feb 21
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 39.83 k | 39.83 k | 39.83 k | 39.83 k | 39.83 k | 39.83 k |
Cash burn (monthly) | 5.49 k | 8.63 k | 1.33 mm | 1.51 mm | 5.49 k | 91.96 k |
Cash used (since last report) | 32.66 k | 51.34 k | 7.92 mm | 8.97 mm | 32.66 k | 547.36 k |
Cash remaining | 7.17 k | -11.51 k | -7.88 mm | -8.93 mm | 7.17 k | -507.53 k |
Runway (months of cash) | 1.3 | -1.3 | -5.9 | -5.9 | 1.3 | -5.5 |
Institutional ownership, Q1 2023
13F holders | Current |
---|---|
Total holders | 68 |
Opened positions | 65 |
Closed positions | 2 |
Increased positions | 0 |
Reduced positions | 2 |
13F shares | Current |
---|---|
Total value | 16.52 bn |
Total shares | 50.92 mm |
Total puts | 0.00 |
Total calls | 460.21 k |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Ares Acquisition | 40.18 mm | $391.39 mm |
Rivernorth Capital Management | 1.16 mm | $1.02 bn |
Aristeia Capital | 978.55 k | $870.91 mm |
Gritstone Asset Management | 910.11 k | $800.90 mm |
Shaolin Capital Management | 689.15 k | $606.00 k |
LMR Partners | 571.07 k | $5.89 bn |
Finepoint Capital | 504.71 k | $444.14 mm |
Owl Creek Asset Management | 342.50 k | $301.40 mm |
Exos TFP | 316.65 k | $278.65 mm |
Walleye Capital | 279.86 k | $246.27 mm |