Latham & Watkins Advises on Kodiak’s Business Combination With Ares Acquisition Corporation II
Kodiak Robotics, Inc. (Kodiak), a leading provider of AI-powered autonomous vehicle technology, and Ares Acquisition Corporation II (NYSE: AACT) (AACT), a publicly traded special purpose acquisition company, announced they have entered into a definitive business combination agreement through which Kodiak will become a publicly listed company. AACT is an affiliate of Ares Management Corporation (NYSE: ARES).
Latham & Watkins LLP represents Lincoln International LLC, financial advisor to the special committee of the board of directors of AACT, in the transaction with a corporate team led by Century City partner Steven Stokdyk, with associate Diana Chung.