# Ares Acquisition Corp III — spac/ipo [completed]
Source: SEC API (secapi.ai) · situation sit_0d6188b04f5f91b49783 · retrieved 2026-08-11T16:14:19.098Z

## Overview
Ares Acquisition Corporation III is a blank-check company incorporated in the Cayman Islands formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.

Ares Acquisition Corporation III, a blank-check company formed to effect a business combination, completed its initial public offering on July 1, 2026, offering 39,500,000 units (including 5,000,000 over-allotment units) at $10.00 per unit, generating gross proceeds of $395,000,000. Each unit consists of one Class A ordinary share and one-tenth of one redeemable warrant exercisable at $11.50 per share. Concurrently, the Company completed a private placement of 7,466,667 private placement warrants to Ares Acquisition Holdings III LP (the Sponsor) at $1.50 per warrant, generating gross proceeds of $11,200,000. The $395,000,000 in net IPO proceeds were placed in a trust account for the benefit of public shareholders.

## Terms
- Counterparty: Ares Acquisition Holdings III LP (Sponsor) · Deal value: $406.2M · Consideration: cash · Stake: 20% · Price/share: $10

## Key dates
- Completed 2026-07-08

## Timeline
- 2026-07-08 · 8-K (0001104659-26-081855): Ares Acquisition Corp III completes $395M IPO of 39.5M units at $10.00 — *Ares Acquisition Corporation III is a blank-check company incorporated in the Cayman Islands formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.* Ares Acquisition Corporation III, a blank-check company formed to effect a business combination, completed its initial public offering on July 1, 2026, offering 39,500,000 units (including 5,000,000 over-allotment units) at $10.00 per unit, generating gross proceeds of $395,000,000. Each unit consists of one Class A ordinary share and one-tenth of one redeemable warrant exercisable at $11.50 per share. Concurrently, the Company completed a private placement of 7,466,667 private placement warrants to Ares Acquisition Holdings III LP (the Sponsor) at $1.50 per warrant, generating gross proceeds of $11,200,000. The $395,000,000 in net IPO proceeds were placed in a trust account for the benefit of public shareholders.
  https://www.sec.gov/Archives/edgar/data/2128115/0001104659-26-081855.txt

## Citations
- 0001104659-26-081855 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000110465926081855