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Ares Acquisition Corp

10.81
+0.04 (+0.37%)
Last Update: 06 Nov 2023 23:33:00
Yesterday: 10.77
Day's Range: 10.78 - 10.81
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When Written:
 
10.49
Ares Acquisition Corp is a publicly-traded special purpose acquisition company (SPAC) that was formed in 2020. The company was established with the purpose of acquiring and merging with one or more businesses in the financial services industry. Ares Acquisition Corp is sponsored by Ares Management Corporation, a global alternative investment manager with over $195 billion in assets under management. The company's management team includes experienced executives from the financial services industry, including co-CEOs Michael Arougheti and Bennett Rosenthal. As of August 2021, Ares Acquisition Corp had not yet announced a target acquisition.

Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
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