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Kodiak Completes Business Combination with Ares Acquisition Corporation II to Accelerate Journey as a Leading AI-Powered Autonomous Vehicle Technology Company
Globenewswire·2025-09-24 20:05

Kodiak AI, Inc. is expected to commence trading on Nasdaq under ticker symbols “KDK” and “KDKRW” on September 25, 2025Kodiak’s ~2.5billionvaluationisamongthelargestoperatingcompanyde−SPACtransactionsof2025todateThismilestone,togetherwithKodiak’strackrecordindeployingrevenuegeneratingautonomoustechnology,underscoresitsleadershipintheautonomousvehiclesectorKodiakandAresAcquisitionCorporationIIhaveraisedover2.5 billion valuation is among the largest operating company de-SPAC transactions of 2025 to date This milestone, together with Kodiak’s track record in deploying revenue generating autonomous technology, underscores its leadership in the autonomous vehicle sectorKodiak and Ares Acquisition Corporation II have raised over 275 million before expenses to help Kodiak accelerate its ...