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George Soros-Backed Kodiak Robotics Merger Funding Announcement Fuels 6% After-Hours Rally In This SPAC Stock - Ares Acquisition (NYSE:AACT)

Ares Acquisition Corporation II AACT shares saw a 6.42% increase during the after-hours session on Tuesday, reaching 9.45.ThissurgefollowedthecompanyssuccessfulfundraisingforitsplannedmergerwithKodiakRobotics,acompanyspecializinginautonomousvehicletechnology.CheckoutthecurrentpriceofAACTstockhere. InstitutionalInvestorsCommitOver9.45. This surge followed the company's successful fundraising for its planned merger with Kodiak Robotics, a company specializing in autonomous vehicle technology.Check out the current price of AACT stock here. Institutional Investors Commit Over 212M in PIPE FinancingThe special purpose acquisition company revealed that institutional investors have pledged over $212.5 million in financing ...