X-energy and ares acquisition corporation announce additional committed capital and attractive strategic updates to business combination

Rockville, md. & new york--(business wire)--x-energy reactor company, llc (“x-energy”), a leading developer of advanced small modular nuclear reactors and fuel technology for clean energy generation, and ares acquisition corporation (nyse: aac) (“aac”), a publicly-traded special purpose acquisition company, announced today strategic updates to their previously announced business combination. ares management corporation (nyse: ares) (“ares”) has committed to a pipe investment comprising $50 mill.
AAC Ratings Summary
AAC Quant Ranking