Ares Acquisition III (NYSE: AAC) allows separate trading after $395M IPO

Q: How are Ares Acquisition Corp III (AAC) units structured?

Each Ares Acquisition Corp III unit consists of one Class A ordinary share, par value $0.0001, and one-tenth of one redeemable warrant to purchase one Class A ordinary share at an exercise price of $11.50 per share.

Q: How many units did Ares Acquisition Corp III (AAC) sell in its IPO?

Ares Acquisition Corp III sold 39,500,000 units in its initial public offering, which was completed on July 1, 2026, after the related registration statement was declared effective by the SEC on June 29, 2026.

Q: What is the size of Ares Acquisition Corp III’s (AAC) IPO?

Ares Acquisition Corp III states that it completed a $395 million initial public offering in July 2026. The IPO consisted of 39,500,000 units offered in an underwritten transaction led by joint book-runners J.P. Morgan and Jefferies.

Q: How will Ares Acquisition Corp III (AAC) securities trade after unit separation?

Units will continue to trade on the NYSE under AAC.U. After separation, the underlying Class A ordinary shares will trade under AAC, and the redeemable warrants will trade under AAC WS. No fractional warrants will be issued; only whole warrants will trade.

Q: What is the purpose of Ares Acquisition Corp III (AAC) as described in the filing?

Ares Acquisition Corp III is described as a special purpose acquisition company formed to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination, and is sponsored by a subsidiary of Ares Management Corporation.

Filing Impact

(High)

Filing Sentiment

(Neutral)

Form Type

8-K

Rhea-AI Filing Summary

Ares Acquisition Corp III (AAC), a special purpose acquisition company, disclosed that starting August 20, 2026, holders of its units may elect to separately trade the Class A ordinary shares and warrants included in those units. Each unit consists of one Class A ordinary share, par value $0.0001, and one-tenth of one redeemable warrant to purchase one Class A ordinary share at an exercise price of $11.50.

The 39,500,000 units were sold in an underwritten initial public offering completed on July 1, 2026, following SEC effectiveness on June 29, 2026. Units will continue to trade on the NYSE under the symbol AAC.U, while separated Class A ordinary shares and whole warrants will trade under AAC and AAC WS, respectively. No fractional warrants will be issued, and only whole warrants will trade. The company states it completed a $395 million initial public offering and intends to pursue a business combination, benefiting from its sponsorship by a subsidiary of Ares Management Corporation.

Filing Explained

Separate trading began August 20, 2026, but holders must use their brokers to have units separated by the transfer agent.

This Form 8-K reports that, beginning August 20, 2026, holders may elect to separate the company’s units into their underlying Class A ordinary shares and warrants.

The structural change is to the trading format: separated shares and whole warrants can trade under their own symbols, while units that remain intact continue trading as AAC.U.

To carry out a separation, a holder must have its broker contact Continental Stock Transfer & Trust Company, the company’s transfer agent.

8-K Event Classification

2 items: 8.01, 9.01

2 items

Item 8.01 Other Events Other

Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, or exhibit attachments filed with this report.

Key Figures

Units sold in IPO: 39,500,000 units IPO size: $395 million Par value per Class A ordinary share: $0.0001 per share +4 more

7 metrics

Units sold in IPO 39,500,000 units Units sold in the initial public offering completed on July 1, 2026

IPO size $395 million Initial public offering completed in July 2026

Par value per Class A ordinary share $0.0001 per share Par value of the Class A ordinary shares in each unit

Warrant exercise price $11.50 per share Exercise price for each redeemable warrant to purchase one Class A ordinary share

Unit composition 1 share + 0.1 warrant per unit Each unit consists of one Class A ordinary share and one-tenth of one redeemable warrant

Registration effectiveness date June 29, 2026 Date the SEC declared effective the registration statement relating to the units and underlying securities

Trading symbols AAC.U, AAC, AAC WS NYSE symbols for units, Class A ordinary shares, and redeemable warrants, respectively

Key Terms

special purpose acquisition company, redeemable warrant, initial public offering, registration statement, +1 more

5 terms

special purpose acquisition company financial

"Ares Acquisition Corporation III (NYSE: AAC.U) (the “Company”), a special purpose acquisition company"

A special purpose acquisition company (SPAC) is a company formed with the sole purpose of raising money through a public offering to buy or merge with an existing private business. It acts like a vehicle that allows private companies to go public more quickly and with less complexity. For investors, it offers an opportunity to invest early in a potential acquisition, though it also carries risks if the intended deal doesn’t materialize.

redeemable warrant financial

"one-tenth of one redeemable warrant to purchase one Class A ordinary share"

A redeemable warrant is a financial tool that gives its holder the right to buy shares of a company at a fixed price within a certain period. If the holder chooses to do so, the company can buy back or cancel the warrant before it expires, often to encourage investment or manage share issuance. For investors, it provides an option to potentially buy shares at a favorable price while offering some flexibility for the issuing company.

initial public offering financial

"holders of the 39,500,000 units sold in the Company’s initial public offering"

An initial public offering (IPO) is when a private company first sells its shares to the public and becomes a stock-listed company. It matters because it allows the company to raise money from a wide range of investors, helping it grow, while giving early shareholders a way to sell some of their ownership.

registration statement regulatory

"A registration statement relating to the Units and the underlying securities was declared effective"

A registration statement is a formal document that companies file with a government agency to offer new shares of stock to the public. It provides essential information about the company's finances, operations, and risks, helping investors make informed decisions. Think of it as a detailed product description that ensures transparency and trust before buying into a company.

forward-looking statements regulatory

"This press release contains statements that constitute “forward-looking statements,”"

Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

FAQ

What did Ares Acquisition Corp III (AAC) announce on August 20, 2026?

Ares Acquisition Corp III announced that, commencing August 20, 2026, holders of its units may elect to separately trade the Class A ordinary shares and warrants included in those units, with the shares trading under AAC and the warrants under AAC WS on the NYSE.

How are Ares Acquisition Corp III (AAC) units structured?

Each Ares Acquisition Corp III unit consists of one Class A ordinary share, par value $0.0001, and one-tenth of one redeemable warrant to purchase one Class A ordinary share at an exercise price of $11.50 per share.

How many units did Ares Acquisition Corp III (AAC) sell in its IPO?

Ares Acquisition Corp III sold 39,500,000 units in its initial public offering, which was completed on July 1, 2026, after the related registration statement was declared effective by the SEC on June 29, 2026.

What is the size of Ares Acquisition Corp III’s (AAC) IPO?

Ares Acquisition Corp III states that it completed a $395 million initial public offering in July 2026. The IPO consisted of 39,500,000 units offered in an underwritten transaction led by joint book-runners J.P. Morgan and Jefferies.

How will Ares Acquisition Corp III (AAC) securities trade after unit separation?

Units will continue to trade on the NYSE under AAC.U. After separation, the underlying Class A ordinary shares will trade under AAC, and the redeemable warrants will trade under AAC WS. No fractional warrants will be issued; only whole warrants will trade.

What is the purpose of Ares Acquisition Corp III (AAC) as described in the filing?

Ares Acquisition Corp III is described as a special purpose acquisition company formed to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination, and is sponsored by a subsidiary of Ares Management Corporation.

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Understanding 8-K Material Events →

Available on EDGAR 08/20/2026 - 04:22 PM Accepted by SEC EDGAR 08/20/2026 - 04:21 PM

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): August 20, 2026 ARES ACQUISITION CORPORATION III (Exact name of registrant as specified in its charter)
Cayman Islands (State or other jurisdiction of incorporation)	001-43375 (Commission File Number)	98-1929025 (I.R.S. Employer Identification No.)

245 Park Avenue, 44th Floor New York, NY (Address of principal executive offices)		10167 (Zip Code)
(212) 710-2100 Registrant’s telephone number, including area code Not Applicable (Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Units, each consisting of one Class A Ordinary Share, $0.0001 par value, and one-tenth of one redeemable warrant	AAC.U	New York Stock Exchange
Class A Ordinary Shares	AAC	New York Stock Exchange
Redeemable warrants, each whole warrant exercisable for one Class A Ordinary Share at an exercise price of $11.50	AAC WS	New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company x

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

Item 8.01.

Other Events.

On August 20, 2026, Ares Acquisition Corporation III (the “Company”) announced that the holders of the Company’s units (the “Units”) may elect to separately trade the Class A ordinary shares, par value $0.0001 per share (the “Class A ordinary shares”), and warrants included in the Units commencing on August 20, 2026. Each Unit consists of one Class A ordinary share and one-tenth of one redeemable warrant to purchase one Class A ordinary share. Any Units not separated will continue to trade on the New York Stock Exchange (the “NYSE”) under the symbol “AAC.U.” Any underlying Class A ordinary shares and warrants that are separated will trade on the NYSE under the symbols “AAC” and “AAC WS,” respectively. No fractional warrants will be issued upon separation of the Units and only whole warrants will trade. Holders of Units will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company’s transfer agent, in order to separate the holders’ Units into Class A ordinary shares and warrants.

A copy of the press release issued by the Company announcing the separate trading of the securities underlying the Units is attached hereto as Exhibit 99.1.

Item 9.01.

Financial Statements and Exhibits.

(d) Exhibits

99.1	Press Release, dated August 20, 2026.

104	Cover Page Interactive Data File (embedded within the Inline XBRL Document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: August 20, 2026	ARES ACQUISITION CORPORATION III

	By:	/s/ Anton Feingold
	Name: Anton Feingold
	Title: Secretary

Exhibit 99.1

Ares Acquisition Corporation III Announces the Separate Trading of its Class A Ordinary Shares and Warrants Commencing August 20, 2026

NEW YORK – August 20, 2026 – Ares Acquisition Corporation III (NYSE: AAC.U) (the “Company”), a special purpose acquisition company formed for the purpose of entering into a combination with one or more businesses, today announced that, commencing August 20, 2026, holders of the 39,500,000 units sold in the Company’s initial public offering (the “Units”), completed on July 1, 2026, may elect to separately trade the Class A ordinary shares and warrants included in the Units. Those Units not separated will continue to trade on the New York Stock Exchange (the “NYSE”) under the symbol “AAC.U,” and the Class A ordinary shares and warrants that are separated will trade on the NYSE under the symbols “AAC” and “AAC WS,” respectively. No fractional warrants will be issued upon separation of the Units and only whole warrants will trade. Holders of Units will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company’s transfer agent, in order to separate the Units into Class A ordinary shares and warrants.

The Units were initially offered by the Company in an underwritten offering. J.P. Morgan and Jefferies acted as joint book-runners and representatives of the underwriters for the offering. A registration statement relating to the Units and the underlying securities was declared effective by the Securities and Exchange Commission (the “SEC”) on June 29, 2026.

The offering was made only by means of a prospectus. Copies of the final prospectus related to the offering may be obtained from: J.P. Morgan Securities LLC, 270 Park Avenue, New York, New York, 10017, Attention: Equity Syndicate Desk, and Jefferies LLC, Attention: Equity Syndicate Prospectus Department, 520 Madison Avenue, New York, New York 10022, by telephone at (877) 821-7388, or by email at Prospectus_Department@Jefferies.com.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities of the Company, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Ares Acquisition Corporation III

Ares Acquisition Corporation III is a special purpose acquisition company sponsored by a subsidiary of Ares Management Corporation (NYSE: ARES) (“Ares”), a leading global alternative investment manager. Having completed a $395 million initial public offering in July 2026, the Company seeks to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination and is expected to benefit from its affiliation with Ares through access to corporate relationships, industry sector expertise and value creation capabilities. For more information, please visit: https://www.ares.com/us/businesses-and-products/our-products/aac-iii.

Cautionary Note Concerning Forward-Looking Statements

This press release contains statements that constitute “forward-looking statements,” including with respect to the anticipated use of the net proceeds. No assurance can be given that the net proceeds of the offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement and prospectus for the Company’s offering filed with the SEC. Copies are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Contacts

Investor Contact

IRAACIII@ares.com

+1 888-818-5298

Media Contact

media@ares.com

Source: View Original Filing on SEC EDGAR

Filing Exhibits & Attachments

5 documents

Press Releases

EX-99.1 EXHIBIT 99.1 7.3 KB