Ares Acquisition Corporation (AAC)
Ares Acquisition Corporation operates in the Shell Companies industry of the Financial Services sector, headquartered in New York City, NY, US. The stock last traded at $10.79, up 0.19% on the session, giving a market capitalisation of $761.8M. On trailing twelve-month figures it carries a trailing P/E of 165.49, a net margin of 0.0%. Its beta of 0.01 implies it has historically moved less than the broad market.
Ares Acquisition Corporation currently conducts no substantial commercial activities. Its core mission is to identify and execute a strategic corporate transaction, such as a merger, the acquisition of assets or shares, a reorganization, or a similar business consolidation with one or more entities. This New York-based company was established in 2020.
Ares Acquisition Corporation is most often compared with the following Financial Services names: