Kodiak completes business combination with Ares and becomes a public company

Evidence notes

• Kodiak completed its business combination with Ares Acquisition Corporation II and announced that its common stock would begin trading on Nasdaq under the ticker KDK on September 25, 2025.
• The transaction renamed AACT to Kodiak AI, Inc. and brought in more than $212.5 million from PIPE financing and trust cash before expenses.
• The listing formalized Kodiak's shift into the public markets as it scaled commercial and public-sector autonomy programs.