secwatch.observer — SEC 8-K summary
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Issuer:     Kodiak AI, Inc. (KDK)
CIK:        0001853138
Form:       8-K
Filed at:   2025-04-24T23:59:59+00:00
Accession:  0001193125-25-093527
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 3.02, 5.03, 5.07, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ares Acquisition Corp II extends deadline to Jan 2026; Sponsor converts shares, $7.1M redeemed
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- Shareholders approved extension of business combination deadline from Apr 25, 2025 to Jan 26, 2026.
- Sponsor converted 12.5M Class B shares into Class A shares, issued under Section 3(a)(9) exemption.
- Holders of 640,288 Class A shares redeemed at ~$11.16 each, removing ~$7.1M from trust; trust now ~$551M.
- Sponsor will make monthly deposits of $0.02 per outstanding Class A share (excl. converted shares) into trust starting Apr 25, 2025.
- Vote: 50,520,332 for, 71,190 against, 794 abstentions on extension proposal.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1853138/000119312525093527/0001193125-25-093527-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1853138/000119312525093527/d896144d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-093527

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer