Kodiak and Ares Acquisition Corporation II announce $145 million investment to support proposed business combination

News
Investments
ATI News Team

Kodiak and AACT are also considering the possibility of raising additional capital to further support Kodiak’s operational plans

According to a press release on Sept. 15, Kodiak Robotics has partnered with Ares Acquisition Corporation II (AACT), a publicly traded special purpose acquisition company, to announce a significant $145 million private investment in public equity (PIPE) commitment.

Thank you for visiting S&P Global AutoTechInsight.

*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.

To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.

Already a subscriber? Please log in here

preload preload preload preload preload preload