Ares Acquisition Corporation

General Information

While we may pursue an initial business combination target in any industry or sector, geography, or stage of its corporate evolution, we do not currently contemplate targeting a company in the fossil fuel energy industry, including the upstream, midstream and energy services sub-sectors, and we intend to focus our search in North America, Europe or Asia. We will pursue an initial business combination with an established business with scale, attractive growth prospects and sustainable competitive advantages. We believe there is a large universe of such businesses that could benefit from a public listing, and that we will be able to offer a differentiated and compelling value proposition to them. (This blank-check company is incorporated in the Cayman Islands.)

(Note: Ares Acquisition Corp. upsized its IPO at pricing on Feb. 1, 2021, to 87 million units, up from its previously increased size of 72.5 million units, according to an S-1/A filing on Jan. 26. Its initial size was 60 million units. Price: $10 each.)

Employees: 0
Founded: 2020
Contact Information
Address 245 Park Avenue, 44th Floor New York, NY 10167
Phone Number (310) 201-4100
Web Address
View Prospectus: Ares Acquisition Corporation
Financial Information
Market Cap $906.25mil
Revenues $0 mil (last 12 months)
Net Income $0 mil (last 12 months)
IPO Profile
Symbol AAC.U
Exchange NYSE
Shares (millions): 87.0
Price range $10.00 - $10.00
Est. $ Volume $870.0 mil
Manager / Joint Managers UBS Investment Bank/ Citigroup
CO-Managers Morgan Stanley/ Barclays/ CastleOak Securities
Expected To Trade: 2/2/2021
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change