---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-131030"
form_type: "8-K"
ticker: "KDK"
cik: "0001853138"
company_name: "Kodiak AI, Inc."
filed_at: "2023-05-02T23:59:59+00:00"
generated_at: "2026-06-16T03:49:20.395957+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Ares Acquisition Corp II completes $500M IPO and $14.3M private placement

## Summary
- Consummated IPO of 50M units at $10.00 each, including 5M over-allotment units, for gross proceeds of $500M.
- Concurrent private placement of 14.3M warrants to Sponsor at $1.00 each, raising $14.3M.
- Sponsor extended $5M overfunding loan (non-interest) to the Company.
- Total $505M deposited into trust account ($10.10 per public share) for benefit of public shareholders.
- Audited balance sheet shows $3.4M cash outside trust, $505M in trust, and $19.1M accumulated deficit.

## SEC filing metadata
- accession: 0001193125-23-131030
- form_type: 8-K
- ticker: KDK
- cik: 0001853138
- company_name: Kodiak AI, Inc.
- filed_at: 2023-05-02T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1853138/000119312523131030/0001193125-23-131030-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1853138/000119312523131030/d505240d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-131030
- JSON: https://secwatch.observer/filing/0001193125-23-131030.json
- Plain text: https://secwatch.observer/filing/0001193125-23-131030.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.