Ares Acquisition CORP Ii

Market Movers (8-K)

Kodiak AI, Inc. announced significant adjustments to its executive compensation, including base salary increases and substantial restricted stock unit grants for its CEO, CFO, and COO, effective July 1, 2026.
Kodiak AI, Inc. announced the results of its 2026 Annual Meeting of Stockholders, including the election of directors and ratification of its independent auditor.
Kodiak AI announced a $100 million private placement financing with new and existing investors, alongside the issuance of warrants, to fund working capital and general corporate purposes.
Capital raise
Kodiak AI, Inc. and its subsidiary Kodiak Robotics, Inc. secured a new senior secured term loan facility of up to $30.0 million from Horizon Technology Finance Corporation for working capital and general corporate purposes.
Capital raise
Kodiak AI, Inc. filed an amendment to its 8-K report, providing updated pro forma financial information following its business combination with Legacy Kodiak.
Worse than expected
Capital raise
Kodiak AI reports strong Q3 2025 operational growth, doubling driverless truck deployments and significantly increasing paid driverless hours, following its Nasdaq debut.
Capital raise

Quarterly Earnings (10-Q)

Kodiak AI reports Q1 2026 financial results, highlighting growth in its Driver-as-a-Service model and a $100 million private placement.
Capital raise
Kodiak AI reports a significant net loss in Q3 2025 despite revenue growth, driven by increased operating expenses and non-cash charges related to its recent merger and DaaS model launch.
Capital raise
Worse than expected
Ares Acquisition Corporation II (AACT) progresses with its business combination with Kodiak Robotics Inc., securing an extension and PIPE financing, despite a significant increase in expenses and a going concern warning.
Delay expected
Worse than expected
Capital raise
Ares Acquisition Corporation II reports net income for Q1 2025 and announces a business combination agreement with Kodiak Robotics, extending its combination period to January 2026.
Worse than expected
Delay expected
Capital raise
Ares Acquisition Corporation II reported a net income of $19.9 million for the nine months ended September 30, 2024, primarily driven by investment income from its trust account.
Capital raise
Ares Acquisition Corporation II reported a net income of $12.98 million for the six months ended June 30, 2024, primarily driven by investment income from its trust account.
Capital raise

Annual Reports (10-K)

Ares Acquisition Corporation II's 10-K filing reveals ongoing efforts to secure a business combination amidst concerns about its ability to continue as a going concern.
Worse than expected
Ares Acquisition Corporation II's 10-K filing details the company's registered securities, including units, Class A ordinary shares, and warrants, as of December 31, 2023.
Capital raise

Insider Trading (Form 4)

Kodiak AI's Chief People Officer, Zsuzsanna Major, acquired 200,333 restricted stock units on July 1, 2026, as part of her compensation.
Kodiak AI Chief Legal Officer Jordan S. Coleman reported a transaction involving 292,153 restricted stock units.
Kodiak AI Chief Operating Officer Michael Wiesinger acquired 417,362 restricted stock units on July 1, 2026, as part of his compensation plan.
Kodiak AI's Chief Financial Officer, Surajit Datta, has reported a significant exchange of stock options for restricted stock units.
Kodiak AI's Chief Technology Officer, Andreas Wendel, acquired 434,056 restricted stock units on July 1, 2026, as part of his compensation.
Donald L. Burnette, CEO and Director of Kodiak AI, Inc., has reported transactions involving restricted stock units and beneficial ownership changes.

Proxy Statements (Def-14A)

Ares Acquisition Corporation II and Kodiak Robotics, Inc. announced over $275 million in financing to support their proposed business combination, despite high shareholder redemptions and a postponed Extraordinary General Meeting.
Worse than expected
Delay expected
Capital raise
Kodiak Robotics and Ares Acquisition Corporation II announce a $145 million convertible preferred stock and warrant investment to support their proposed business combination.
Capital raise
Ares Acquisition Corporation II (AACT) reports preliminary redemption results of approximately 1.3% of public shares and plans for an extension to complete its business combination with Kodiak Robotics.
Ares Acquisition Corporation II's sponsor will make monthly deposits into the company's trust account in exchange for a promissory note, contingent on shareholder approval of an extension to complete a business combination.
Delay expected
Ares Acquisition Corporation II issues a supplement to its proxy statement, clarifying the deadline for Class A Ordinary Shareholders to redeem their shares in connection with the proposed Charter Extension.
Delay expected
Ares Acquisition Corporation II is seeking shareholder approval to extend the date to complete a business combination from April 25, 2025, to January 26, 2026.

New Public Companies (S-1)

Kodiak AI, Inc. has filed a registration statement for the resale of up to 30,769,218 shares of common stock by selling securityholders.
Capital raise
Kodiak AI, a leader in autonomous vehicle technology, reported significant net losses and a going concern warning, despite launching its Driver-as-a-Service model and securing a major customer commitment.
Capital raise
Worse than expected
Kodiak AI files S-1 for the issuance and resale of up to 184.8 million shares and 14.3 million warrants, detailing its business combination, financial losses, and autonomous vehicle technology.
Capital raise
Worse than expected

Schedule 13D - Activist Investments

Battery Ventures and its affiliates have filed a Schedule 13D, disclosing a 6.3% beneficial ownership in Kodiak AI, Inc. following a business combination.
Kodiak AI, Inc. CEO Donald L. Burnette has disclosed a 15.1% beneficial ownership stake in the company following its business combination with Legacy Kodiak.

Schedule 13G - Passive Investments

A group of investment entities led by SIP Global Tech has reported a 6.9% beneficial ownership stake in Kodiak AI, Inc.
Polar Asset Management Partners Inc. has disclosed beneficial ownership of 2,358,587 shares of Kodiak AI Inc. common stock, representing 1.3% of the class, acquired via warrants.
Alyeska Investment Group, L.P. and its affiliates have reported a 9.9% beneficial ownership stake in Kodiak AI's Class A Common Stock.
Fort Baker Capital Management LP and related entities reported a 0% beneficial ownership in Ares Acquisition Corp II following its business combination and name change to Kodiak AI, Inc.
Westchester Capital Management, Virtus Investment Advisers, and The Merger Fund report zero beneficial ownership in Kodiak AI, Inc. in their latest Schedule 13G amendment.
Worse than expected
Ares Acquisition Holdings II LP and AAC II Holdings II LP have jointly disclosed a combined 15.5% beneficial ownership stake in Kodiak AI, Inc.