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Ares Acquisition Corporation II has priced its upsized initial public offering of 45,000,000 units at $10.00 per unit. The units are set to trade on the New York Stock Exchange under the ticker symbol AACT.U from April 21, 2023. Each unit includes one Class A ordinary share and one-half of a redeemable warrant, with whole warrants allowing the purchase of one Class A ordinary share at $11.50. The company has allowed underwriters a 45-day option to purchase an additional 6,750,000 units for over-allotments. The offering is expected to close on April 25, 2023, pending customary conditions. A registration statement for the securities became effective on April 20, 2023. Investors are cautioned about forward-looking statements related to the offering.
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