What is Ares Acquisition Corporation and how can I buy its stock?
Ares Acquisition Corporation (AAC) is a company whose stock can be purchased through a stock broker such as eToro. After opening an account and providing personal information, you can evaluate the stock and buy shares. The stock can also be purchased on NASDAQ (ARCC.US) at the current market close price. It is important to research the stock by considering factors such as the price-to-earnings ratio, profit and loss, and news. The current value of AAC stock is $10.07 and it has 125 million outstanding shares and a trailing 12-month revenue of around $2 billion.
What is the forecast for Ares Acquisition Corporation stock?
AAC is in the process of merging with X-Energy Reactor Company in a deal worth $2 billion, which will result in the developer of small nuclear reactors going public. According to MarketBeat, AAC posted earnings per share of ($0.50) for the quarter, missing analysts' consensus estimates of ($0.10). Forecst.com predicts that AAC stock will increase in value over the next five years. The definitive business combination agreement was announced on December 21, 2022.
What is the news for Ares Acquisition Corporation?
Recent news regarding AAC includes the announcement of the separate trading of its Class A Ordinary Shares and Warrants beginning on March 25, 2021 and its current value of $10.07. Other news includes the company's performance in the latest market close and information helpful for trading and investing decisions.
What are the SEC filings for Ares Acquisition Corporation?
AAC is required to file registration statements, periodic reports, and other forms electronically through EDGAR. Their most recent Annual Report can be found on their Form 10-K filing page and their SEC filings can be found on their website.
What is Form 10-K for Ares Acquisition Corporation?
AAC is a publicly-traded special purpose acquisition company and their most recent Annual Report on Form 10-K can be found on the SEC website and on the company's own website. The Entity File Number is 001-39972, the Entity Registrant Name is ARES ACQUISITION CORPORATION, the Entity Incorporation, State or Country Code is E9, and the Entity Tax Identification Number is 98-1538872. Last10k.com also provides a year-over-year comparison of AAC's 10-K documents to evaluate the company's financial trajectory.
What are the press releases for Ares Acquisition Corporation?
AAC has released several press releases, including announcements of their initial public offering, a business combination agreement with X-energy, the acquisition of AMP Capital's infrastructure debt platform, and the acquisition of Landmark Partners. They have also issued press releases regarding Ares Management Corporation, such as one announcing that their global platform had approximately $227 billion of assets under management.
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