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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+98.02% | 1.23B | |
+2.57% | 986M | |
+18.81% | 777M | |
+2.01% | 666M | |
+3.23% | 621M | |
-.--% | 600M | |
+8.61% | 528M | |
-.--% | 500M | |
-10.64% | 470M |