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Ares debuts second SPAC IPO in uncertain times but raises less capital than the first

By: MarketWatch

April 27, 2023 at 13:26 PM EDT

Ares upsizes Ares Acquisition Corp. II SPAC by $50 million, to $450 million, but it's still less than the $870 million raised by previous SPAC in 2021.

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Financial News

Ares debuts second SPAC IPO in uncertain times but raises less capital than the first

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