
AACT
AACT Plunges 20.3% as Kodiak Robotics Merger Nears Completion Amidst High Redemptions
New York, NY – September 23, 2025 – Shares of Ares Acquisition Corporation II (NYSE: AACT) plummeted by 20.3% today, as the Special Purpose Acquisition Company (SPAC) moved closer to finalizing its business combination with autonomous trucking pioneer Kodiak Robotics. The significant stock decline underscores persistent investor skepticism surrounding SPAC mergers,