AAC Holdings (AAC) Prices 87M Unit IPO at $10/Unit

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Go back to AAC Holdings (AAC) Prices 87M Unit IPO at $10/Unit

Ares Acquisition Corporation Announces Pricing of $870 Million Initial Public Offering

February 1, 2021 10:30 PM EST

NEW YORK--(BUSINESS WIRE)-- Ares Acquisition Corporation (the Company), a special purpose acquisition company formed for the purpose of entering into a combination with one or more businesses, today announced the pricing of its initial public offering of 87,000,000 units at a price of $10.00 per unit. The units will be listed on the New York Stock Exchange and trade under the ticker symbol AAC beginning February 2, 2021. Each unit consists of one Class A ordinary share of the Company and one-fifth of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share of the Company... More