AACT and Kodiak set September 23 shareholder vote on merger

Ares Acquisition Corporation II (NYSE: AACT) and Kodiak Robotics announced that the Securities and Exchange Commission declared effective their registration statement for a proposed business combination on August 29, 2025.

AACT shareholders will vote on the merger at an extraordinary general meeting scheduled for September 23, 2025, at 9:00 a.m. Eastern Time. The meeting will be held at Kirkland & Ellis LLP offices in New York and via live webcast. Shareholders as of the August 20, 2025 record date are entitled to vote.

The companies began mailing definitive proxy statements to shareholders on August 29, 2025. Upon completion of the transaction, the combined company plans to list on NASDAQ under the symbols "KDK" and "KDKRW," subject to meeting all listing requirements.

AACT is a special purpose acquisition company affiliated with Ares Management Corporation (NYSE: ARES). Kodiak Robotics, founded in 2018, develops autonomous vehicle technology for trucking and public sector applications.

"We are excited about the opportunity in front of us with our fantastic partners at AACT and are focused on bringing autonomous technology to trucking and public sector applications," said Don Burnette, founder and chief executive officer of Kodiak.

Allyson Satin, chief operating officer of AACT and partner at Ares, stated that Kodiak has continued executing its go-to-market strategy while strengthening its board and management team since the transaction was announced in April.

AACT encourages all shareholders to vote by proxy online or by mail. Shareholders needing assistance can contact AACT's proxy solicitor, Sodali & Co, at (800) 662-5200.

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