Here are the S-1 registration statements from Ares Acquisition Corporation III (AAC) in our archive over the last 12 months, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
An S-1 covers the registration statement a company files to sell shares publicly, so if you follow AAC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full AAC filings page.
Ares Acquisition Corporation III is registering 30,000,000 units for a $300,000,000 initial public offering. Each $10.00 unit includes one Class A ordinary share and one-tenth of a warrant, with each whole warrant exercisable at $11.50 per share.
The company is a Cayman Islands blank check firm formed to complete a business combination within 24 months, with a possible Extended Period to 30 months if a letter of intent is signed. It will place $300,000,000 (or $345,000,000 with full over-allotment) into a U.S. Treasury–backed trust, giving public shareholders redemption rights in connection with a deal, extensions, or liquidation.
The sponsor owns 8,625,000 Class B founder shares (targeting 20% of post-IPO shares) and will purchase 6,200,000 private placement warrants at $1.50 each, creating immediate dilution for public investors. The sponsor may lend up to $400,000 pre-IPO and up to $2,000,000 in working capital loans, which can convert into additional warrants, and will receive $16,667 per month for administrative services.