Corporate ActionJun 29, 2026, 09:56 PM
Ares Acquisition Corp III Registers 5.175M Units for Offering
AI Summary
Ares Acquisition Corp III has filed an S-1 registration statement for 5,175,000 units, with each unit comprising one Class A ordinary share and one-tenth of one redeemable warrant. The proposed maximum offering price per unit is $10.00, resulting in a maximum aggregate offering price of $51,750,000 for the units. The registration also covers 517,500 Class A ordinary shares underlying the redeemable warrants, bringing the total aggregate offering amount to $57,701,250.
Key Highlights
- Registered 5,175,000 units for offering.
- Each unit consists of one Class A ordinary share and one-tenth of one redeemable warrant.
- Proposed maximum offering price per unit is $10.00.
- Maximum aggregate offering price for units totals $51,750,000.
- Registered 517,500 Class A ordinary shares underlying redeemable warrants.
- Total aggregate offering amount is $57,701,250.
- Includes a 45-day over-allotment option for underwriters for 5,175,000 units.
Price Impact