SCHEDULE 13G/A: Wealthspring Capital and Matthew Simpson Report Zero Beneficial Ownership in Ares Acquisition Corp II

Wealthspring Capital LLC and Matthew Simpson have filed an Amendment No. 2 to Schedule 13G, indicating they no longer beneficially own any Class A Ordinary Shares of Ares Acquisition Corp II.

Summary

• Wealthspring Capital LLC and Matthew Simpson have filed an Amendment No. 2 to their Schedule 13G statement regarding their beneficial ownership in Ares Acquisition Corp II.
• As of May 31, 2025, both Wealthspring Capital LLC and Matthew Simpson report 0.00 shares beneficially owned, representing 0% of the Class A Ordinary Shares.
• This filing indicates a complete divestment of their previously reported stake in Ares Acquisition Corp II.
• Wealthspring Capital LLC is classified as an Investment Adviser (IA) and Partnership (PN), while Matthew Simpson is classified as a Parent Holding Company (HC), Investment Adviser (IA), and Individual (IN).
• The reporting persons certify that the securities were acquired and held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 5

Explanation: The sentiment is neutral from the perspective of the filing itself, as it is a compliance document. However, the underlying action (complete divestment) could be perceived negatively by the market, but the document's tone is purely factual.

Positives

• The filing demonstrates compliance with SEC reporting requirements for beneficial ownership changes.

Negatives

• The reporting persons, Wealthspring Capital LLC and Matthew Simpson, have fully divested their stake in Ares Acquisition Corp II, now holding 0% of Class A Ordinary Shares.

Risks

• The complete divestment by an institutional investor could be interpreted by the market as a lack of confidence in the issuer's future prospects, potentially leading to negative sentiment or share price pressure.

Future Outlook

The document does not contain any forward-looking statements or guidance from Ares Acquisition Corp II, as it is a beneficial ownership filing by external parties.

Management Comments

• Wealthspring Capital LLC and Matthew Simpson certify that, to the best of their knowledge and belief, the securities were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer.

Industry Context

This filing is a routine disclosure in the financial industry, specifically for Special Purpose Acquisition Companies (SPACs) like Ares Acquisition Corp II. It reflects a change in a passive investor's stake, which is common as investment strategies evolve or as SPACs approach or complete de-SPAC transactions.

Stakeholder Impact

• Shareholders: May interpret the complete divestment by Wealthspring Capital LLC and Matthew Simpson as a negative signal, potentially influencing their investment decisions or the company's stock price.
• Company Management: The filing indicates a change in the shareholder base, which management may monitor for broader investor sentiment.

Key Dates

Keywords

Schedule 13G, Beneficial Ownership, Ares Acquisition Corp II, Wealthspring Capital LLC, Matthew Simpson, Divestment, SEC Filing, Class A Ordinary Shares, Investment Adviser, SPAC