AAC.WS

Ares Acquisition Corp III

A "blank check" company, or SPAC, that was created to raise money from investors and later merge with or buy an existing private business — it has no operations of its own. It's the third such vehicle launched by Ares Management, a major alternative investment firm, and was incorporated in the Cayman Islands in 2026. The parent firm takes its name from Ares, the Greek god of war, a nod to strength and battle.

Redeemable Warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of 1.50 — Liquidated in November 2023 after termination of merger with X-energy