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Ares Acquisition Corporation II (AACT)

Company Profile

Company profile

Ticker

AACT, AACT-UN

Exchange

Website

www.aresacquisitioncorporationii.com

CEO

Mr. David B. Kaplan

Incorporated

Location

Fiscal year end

Industry (SIC)

Blank Checks (SPACs)

Pershing Square Tontine • Altisource Asset Management • Foley Trasimene Acquisition II • KKR Acquisition Holdings I • Austerlitz Acquisition Corp II • FTAC Hera Acquisition • Cohn Robbins • Polestar Automotive Holding UK • E.Merge Technology Acquisition • MSD Acquisition ...

SEC CIK

Corporate docs

Underwriting Agreements

Plans of Reorganization

Material Contracts & Credit Agreements

Subsidiaries Lists

AACT stock data

1M 3M 6M 1Y

Latest filings (excl ownership)

View all

Quarterly report

15 May 25

Registration of securities issued in business combination transactions

Business combination disclosure

Business combination disclosure

Business combination disclosure

Business combination disclosure

$100.00 mm in equity, sold $60.00 mm, 3 investors

Business combination disclosure

Unregistered Sales of Equity Securities

Additional proxy soliciting materials

Latest ownership filings

View all

First Trust Capital Management L.P.

Fort Baker Capital Management LP

Westchester Capital Management, LLC

AQR CAPITAL MANAGEMENT LLC

MIZUHO FINANCIAL GROUP INC

Change in insider ownership

First Trust Capital Management L.P.

AQR CAPITAL MANAGEMENT LLC

Westchester Capital Management, LLC

Financial summary

Financial statements Chart AACT financial data

Quarter (USD)	Mar 25	Dec 24	Sep 24	Jun 24
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 24	Dec 23
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
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)	657.31 k	657.31 k	657.31 k	657.31 k	657.31 k	657.31 k
Cash burn (monthly)	106.00 k	82.17 k	901.88 k	335.47 k	106.00 k	82.17 k
Cash used (since last report)	181.69 k	140.84 k	1.55 mm	575.00 k	181.69 k	140.84 k
Cash remaining	475.63 k	516.48 k	-888.51 k	82.32 k	475.63 k	516.48 k
Runway (months of cash)	4.5	6.3	-1.0	0.2	4.5	6.3

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q4 2024

AACT institutional ownership history Ownership history

13F holders	Current	Prev Q	Change
Total holders	66	49	+34.7%
Opened positions	20	4	+400.0%
Closed positions	3	13	-76.9%
Increased positions	29	6	+383.3%
Reduced positions	6	15	-60.0%

13F shares	Current	Prev Q	Change
Total value	450.84 bn	437.24 bn	+3.1%
Total shares	84.76 mm	71.96 mm	+17.8%
Total puts	0.00	0.00
Total calls	250.00 k	0.00	NEW
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Ares Acquisition Holdings II	26.80 mm	$281.13 mm	0.0%
Vivaldi Asset Management	4.41 mm	$48.42 bn	+0.7%
CNH Partners	4.15 mm	$33.66 bn	+18.6%
Sculptor Capital	3.89 mm	$23.19 bn	+637.9%
Schechter Investment Advisors	3.70 mm	$33.36 bn	+8.7%
Linden Advisors	3.20 mm	$24.31 bn	+45.5%
Westchester Capital Management	3.10 mm	$34.02 bn	0.0%
Karpus Management	2.95 mm	$32.37 bn	-0.7%
Aristeia Capital	2.87 mm	$21.12 bn	+50.0%
Polar Asset Management Partners	2.64 mm	$15.50 bn	+89.6%

Largest transactions	Shares	Bought/sold	Change
Aqr Capital Management	0.00	-3.50 mm	EXIT
Sculptor Capital	3.89 mm	+3.36 mm	+637.9%
Picton Mahoney Asset Management	2.38 mm	+2.38 mm	NEW
Cowen And	0.00	-1.96 mm	EXIT
TD The Toronto-Dominion Bank	1.96 mm	+1.96 mm	NEW
Polar Asset Management Partners	2.64 mm	+1.25 mm	+89.6%
Marshall Wace	0.00	-1.02 mm	EXIT
Linden Advisors	3.20 mm	+1.00 mm	+45.5%
Aristeia Capital	2.87 mm	+954.91 k	+50.0%
Alberta Investment Management	850.00 k	+850.00 k	NEW

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

News

From Benzinga Pro

Tesla's FSD Deployment, Kodiak Robotics' SPAC Merger, And Rivian's New Deal: This Week In Mobility

This week in tech and auto news: Tesla deploys its Full Self-Driving tech at Giga Texas, Kodiak Robotics announces a SPAC merger to go public, Rivian delivers vehicles to HelloFresh, and Tesla faces rising insurance costs.

George Soros, Cathie Wood-Backed Autonomous Trucking Firm Kodiak Robotics Set To Go Public Via SPAC Merger To Tap $4 Trillion Market

Kodiak Robotics will go public through a merger with Ares Acquisition Corp. II, fetching a $2.5B pre-money valuation

Press releases

From Benzinga Pro

Kodiak Appoints Two New Board Members in Preparation for Public Listing via Business Combination with Ares Acquisition Corporation II

Ken Goldman served as CFO for a range of public companies, including Yahoo! and Fortinet, and has served on dozens of boards of directors, in many cases as audit committee chair Former Lyft President Kristin Sverchek

Horizon Technology Finance Announces First Quarter 2025 Financial Results

- First Quarter 2025 Net Investment Income per Share of $0.27; NAV per Share of $7.57 - - Debt Portfolio Yield of 15.0% - - HRZN Ends Quarter with Committed Backlog of $236 Million - - Declares Regular Monthly

Ares Acquisition Corporation II Announces Preliminary Redemption Results of Approximately 1.3% of Public Shares

Ares Acquisition Corporation II (NYSE: "AACT.U", "AACT", "AACT WS") ("AACT" or the "Company") announced today that as of the redemption deadline for the extraordinary general meeting of the Company (the "Meeting"), to

Ares Acquisition Corporation II Announces Monthly Contribution to Trust Account in Connection With Proposed Extension

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