Kodiak Robotics to go public through merger with AACT

By Yahoo! Finance   |   1 month ago
Kodiak Robotics to go public through merger with AACT

Kodiak Robotics, a leader in autonomous vehicle technology, is set to go public through a merger with Ares Acquisition Corporation II, valuing Kodiak at $2.5 billion. The deal will provide $551 million in cash and accelerate Kodiak's growth in the commercial trucking industry.

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