Ares Acquisition Corporation announced that it has entered into a securities purchase agreement to issue 50,000 shares of series A convertible preferred stock at a price of $1,000 per share for the gross proceeds of $50 million on September 12, 2023. The preference shares will be convertible at a conversion price of 410 per share. The transaction included participation from new investor, Ares Acquisition Holdings II LP.
Ares Acquisition Corporation
Equities
AAC
KYG330321061
Investment Holding Companies
1st Jan change | Capi. | |
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+124.29% | 6.43B | |
+98.02% | 1.25B | |
+2.95% | 987M | |
+23.30% | 785M | |
+2.11% | 666M | |
-.--% | 600M | |
-0.36% | 593M | |
+11.11% | 536M | |
-.--% | 500M |