X-energy and ares acquisition corporation mutually agree to terminate business combination agreement

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 that they have mutually agreed to terminate their previously announced business combination agreement (the “business combination agreement”), effective immediately. as a resu.
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