---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-200677"
form_type: "8-K"
ticker: null
cik: "0001829432"
company_name: "Ares Acquisition Corp"
filed_at: "2023-08-01T23:59:59+00:00"
generated_at: "2026-06-12T18:55:03.032925+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# AAC shareholders approve extension to Nov 6 for X-energy merger; ~$14.7M redeemed

## Summary
- Shareholders approved extension of business combination deadline from Aug 4 to Nov 6, 2023.
- 1,392,821 Class A shares redeemed at ~$10.58/share, removing ~$14.7M from trust.
- Trust account post-redemption: ~$482.4M; Class A shares outstanding: 45,604,260.
- Sponsor to make monthly deposits of $0.0255/share into trust until Nov 6 or merger close.
- Business combination with X-energy expected to close in Q3 2023.

## SEC filing metadata
- accession: 0001193125-23-200677
- form_type: 8-K
- cik: 0001829432
- company_name: Ares Acquisition Corp
- filed_at: 2023-08-01T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.03, 5.07, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1829432/000119312523200677/0001193125-23-200677-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1829432/000119312523200677/d476251d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-200677
- JSON: https://secwatch.observer/filing/0001193125-23-200677.json
- Plain text: https://secwatch.observer/filing/0001193125-23-200677.txt

## Key facts
- Governance Changes
  Ares Acquisition Corp: Extended the deadline to consummate a business combination from August 4, 2023 to November 6, 2023 (effective 2023-08-01).
  - Change: charter amendment
  - Effective: 2023-08-01
  source text: On August 1, 2023, Ares Acquisition Corporation (“ AAC ” or the “ Company ”) held an extraordinary general meeting (the “ Shareholder Meeting ”) at which the Company’s shareholders approved a proposal to amend the Company’s amended and restated memorandum and articles of association (as amended, the “ Memorandum and Articles of Association ”) to extend the date by which the Company has to consummate a business combination (the “ Charter Extension ”) from August 4, 2023 to November 6, 2023, or such earlier date as the Company’s board of directors may approve in accordance with the Memorandum and Articles of Association (the “ Extension Amendment Proposal ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1829432/000119312523200677/0001193125-23-200677-index.htm
- Shareholder Votes
  Ares Acquisition Corp shareholders approved Extension Amendment Proposal.
  - Outcome: passed
  source text: The shareholders approved the Extension Amendment Proposal and the voting results for the proposal were as follows: The Extension Amendment Proposal Proposal No. Ordinary Shares Votes For Ordinary Shares Votes Against Ordinary Shares Abstentions 1. 61,940,182 7,516 3,276
  evidence_url: https://www.sec.gov/Archives/edgar/data/1829432/000119312523200677/0001193125-23-200677-index.htm

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