W. R. Berkley (KDK) reports 0% ownership of Ares Acquisition Corp shares
Rhea-AI Filing Summary
W. R. Berkley Corporation filed an amended Schedule 13G indicating that it and its subsidiary Berkley Insurance Company no longer beneficially own any Class A ordinary shares of Ares Acquisition Corp (par value $0.0001 per share, CUSIP G33033104). The filing reports 0 shares beneficially owned, representing 0.0% of the class, with no sole or shared voting or dispositive power over any shares.
Positive
- None.
Negative
- None.
Key Figures
Beneficially owned shares: 0
Percent of class owned: 0.0 %
Sole voting power: 0
+4 more
7 metrics
Beneficially owned shares
0
Amount beneficially owned in Ares Acquisition Corp Class A shares
Percent of class owned
0.0 %
Percent of Ares Acquisition Corp Class A shares beneficially owned
Sole voting power
0
Shares for which W. R. Berkley has sole power to vote or direct the vote
Shared voting power
0.00
Shares for which W. R. Berkley has shared power to vote or direct the vote
Sole dispositive power
0
Shares for which W. R. Berkley has sole power to dispose or direct disposition
Shared dispositive power
0.00
Shares for which W. R. Berkley has shared power to dispose or direct disposition
Signature date
08/05/2026
Date Richard M. Baio signed the amendment in executive roles
Key Terms
beneficially owned, Sole power to vote or to direct the vote, Sole power to dispose or to direct the disposition, parent holding company, +1 more
5 terms
beneficially owned financial
"Item 4. | Ownership (a) | Amount beneficially owned: 0"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Sole power to vote or to direct the vote financial
"Number of shares as to which the person has | (i) Sole power to vote or to direct the vote: 0"
Sole power to dispose or to direct the disposition financial
"(iii) Sole power to dispose or to direct the disposition of: 0"
parent holding company financial
"If a parent holding company has filed this schedule, pursuant to (ii)(G)"
Schedule 13G regulatory
"If a parent holding company has filed this schedule, pursuant to (ii)(G)"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does the Schedule 13G/A filed by W. R. Berkley mean for Ares Acquisition Corp and KDK?
The amended Schedule 13G shows W. R. Berkley Corporation and its subsidiary now report 0 shares and 0.0% ownership of Ares Acquisition Corp Class A shares, indicating they are no longer a 5% or greater beneficial owner.