Recent 8-K filings for KDK
Highest-materiality recent filing
Kodiak AI closes merger with Kodiak Robotics; $205M raised in PIPE and preferred
- On Sept 24, 2025, Kodiak AI (f/k/a Ares Acquisition II) completed business combination with Kodiak Robotics; common stock began trading on Nasdaq as KDK on Sept 25.
- Legacy Kodiak securityholders received 161.8M common shares; up to 75M earnout shares/RSUs tied to stock price thresholds of $18, $23, and $28.
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Kodiak AI reports Q1 revenue $1.8M (+74% QoQ), announces $100M PIPE financing
Q1 revenue of $1.8M, up 74% QoQ; net cash used in operations $29.5M.
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Kodiak AI Q4 revenue $1.1M (+37% QoQ); driverless trucks doubled to 20
Q4 revenue $1.1M, up 37% sequentially; net cash used in ops $24.2M.
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Kodiak AI enters $30M venture loan agreement with Horizon Technology Finance
Borrowed $30M on Dec 31, 2025; proceeds used to repay existing debt and for working capital/general corporate purposes.
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Kodiak AI pro forma shows $210.8M loss from SPAC merger adjustments
$170.6M loss recorded on Preferred Stock and PIPE Warrants with fair value $315.6M exceeding $145M consideration.
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Kodiak AI Q3: driverless fleet doubles to 10 trucks, paid driverless hours up 166%
Deployed 10 fully driverless trucks (up 100% QoQ); cumulative paid driverless hours topped 5,200 (+166%).
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Kodiak AI adjusts warrant exercise price to $9.28 and redemption trigger to $14.53
Warrant exercise price reduced from $11.50 to $9.28 per share, effective Oct 20, 2025.
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Kodiak AI updates pro forma; Preferred & PIPE Warrant fair value exceeds consideration by $170.5M
Business combination with AACT closed Sept 24, 2025; Legacy Kodiak holders received ~$2.5B / ~$11.45 per share.
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Kodiak AI closes merger with Kodiak Robotics; $205M raised in PIPE and preferred
On Sept 24, 2025, Kodiak AI (f/k/a Ares Acquisition II) completed business combination with Kodiak Robotics; common stock began trading on Nasdaq as KDK on Sept 25.
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AACT raises over $275M for Kodiak merger; redemptions total $502M, trust assets ~$63M
Total capital raised over $275M includes ~$212.5M from institutional investors and ~$62.9M in trust after redemptions.
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Shareholders voted 36.4M for and 4.0M against the business combination proposal.
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AACT secures $145M Series A Preferred Investment for Kodiak business combination
Preferred investors commit $145M for Series A Cumulative Convertible Preferred Stock with 9.99% dividend rate (PIK) or 7.99% cash.
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AACT/Kodiak investor presentation; no new financial details disclosed
Investor presentation dated August 25, 2025 filed; references $100M PIPE investment but no updated projections.
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Ares Acquisition Corp II files investor presentation for Kodiak Robotics business combination
AACT furnished an investor presentation dated July 28, 2025 as Exhibit 99.1 to an 8-K regarding its proposed business combination with Kodiak Robotics.
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Investor presentation furnished for AACT-Kodiak deal; no specific new details in available text.
Exhibit 99.1 contains only legal disclaimers and forward-looking statements, not the actual presentation content.
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AACT secures up to $2M working capital loan from sponsor for Kodiak Robotics merger costs
Working capital loan from Ares Acquisition Holdings II LP for up to $2,000,000.
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Investor presentation dated June 4, 2025 was furnished under Rule 425, but only a cover slide with disclaimer was appended.
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Ares Acquisition Corp II extends deadline to Jan 2026; Sponsor converts shares, $7.1M redeemed
Shareholders approved extension of business combination deadline from Apr 25, 2025 to Jan 26, 2026.
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Holders of 640,288 Class A ordinary shares (approx. 1.3% of public shares) exercised redemption rights in connection with the extension vote.
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AACT sponsor to fund monthly trust deposits for extension to Jan 26, 2026; shareholder vote April 22
Sponsor to deposit $0.02 per outstanding Class A share into trust monthly from April 25, 2025 until deal close or Jan 26, 2026.
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Ares Acquisition Corp II to combine with Kodiak Robotics at $2.5B equity value
Implied equity value of $2.5B; Kodiak stockholders to receive shares of New Kodiak Common Stock.
Earnings & guidance
Materiality & sentiment trend
Max materiality 0.95 · Median 0.72 · Most common event other_material