other
confidence high
sentiment neutral
materiality 0.15
Ares Acquisition II units separable into shares/warrants as of June 12
Kodiak AI, Inc.
- Holders of 50M units from IPO (April 25, 2023) may elect to separate into Class A ordinary shares and warrants.
- Separated Class A shares trade as AACT; warrants as AACT WS; units remain AACT.U.
- No fractional warrants issued; only whole warrants trade; broker must contact Continental Stock Transfer to separate.
- Citigroup, UBS, and CastleOak acted as underwriters for the IPO.