Ares Partners Holdco LLC 4
4 · Ares Acquisition Corp III · Filed Jul 2, 2026
Research Summary
AI-generated summary of this filing
Ares Acquisition (AAC) 10% Owner Receives 666,667 Warrants
What Happened
- Ares Partners Holdco LLC (reported as a 10% owner) was granted/acquired 666,667 derivative securities (warrants) on July 1, 2026. The reported per-unit price was $1.50, for a total reported value of $1,000,001. The transaction is reported as an award/grant (transaction code A).
Key Details
- Transaction date and price: 2026-07-01; 666,667 warrants at $1.50 each; total $1,000,001.
- Securities type: Warrants (derivative), not common stock.
- Exercisability/term: These warrants become exercisable 30 days after completion of the issuer’s initial business combination and expire five years after that closing. (See footnote F2.)
- Source of award: Resulted from the underwriters’ partial exercise of the IPO overallotment; the Sponsor acquired the additional 666,667 warrants. (Footnote F1.)
- Shares owned after transaction: Not specified in the provided filing.
- Ownership/beneficial-interest notes: The Sponsor directly holds the warrants; Ares Partners and affiliated entities may be deemed to share beneficial ownership through their ownership chain, but each disclaims beneficial ownership except to the extent of pecuniary interest. Ares Partners is managed by a board of managers (see footnote F5). (Footnotes F3–F5.)
- Filing timeliness: The Form 4 was filed on 2026-07-02 for a 2026-07-01 transaction; no late filing is indicated in the provided data.
Context
- This is an institutional/ sponsor-level acquisition tied to the IPO overallotment exercise, not an executive trading decision. Warrants are a derivative right to buy stock in the future (subject to exercisability and expiration terms) and are distinct from an outright stock purchase; they indicate potential future upside if the company completes a business combination and the stock performs well.
Insider Transaction Report
Form 4
Ares Partners Holdco LLC
10% Owner
Transactions
- Award
Private placement warrants
[F1][F2][F3][F4][F5]2026-07-01$1.50/sh+666,667$1,000,001→ 7,466,667 total(indirect: See footnotes)Exercise: $11.50→ Class A ordinary shares (666,667 underlying)
Footnotes (5)
- [F1]In connection with the initial public offering of Ares Acquisition Corporation III (the "Issuer"), the underwriters partially exercised their over-allotment option. In connection with such exercise, Ares Acquisition Holdings III LP (the "Sponsor") acquired an additional 666,667 warrants.
- [F2]The reported warrants become exercisable 30 days after the completion of the Issuer's initial business combination and expire five (5) years after the completion of the Issuer's initial business combination.
- [F3]Ares Partners Holdco LLC ("Ares Partners") is the sole member of each of Ares Voting LLC ("Ares Voting") and Ares Management GP LLC ("Ares Management GP"), which are respectively the holders of the Class B and Class C common stock of Ares Management Corporation ("Ares Management"), which common stock allows them, collectively, to generally have the majority of the votes on any matter submitted to the stockholders of Ares Management if certain conditions are met. Ares Management is the sole member of Ares Holdco LLC ("Ares Holdco" and together with each of the foregoing entities, the "Ares Entities"), which is the general partner of Ares Holdings L.P. ("Ares Holdings").
- [F4]Ares Holdings is the sole shareholder of Ares Acquisition Holdings III, which is the general partner of the Sponsor. The Sponsor directly holds the securities reported herein. Each of the Ares Entities and Ares Holdings may be deemed to share beneficial ownership of the securities directly held by the Sponsor, but each of the foregoing disclaims beneficial ownership of such securities except to the extent of its respective pecuniary interest therein.
- [F5]Ares Partners is managed by a board of managers, which is composed of Michael J Arougheti, R. Kipp deVeer, David B. Kaplan, Antony P. Ressler and Bennett Rosenthal (collectively, the "Board Members"). Mr. Ressler generally has veto authority over the Board Members' decisions. Each of these individuals expressly disclaims beneficial ownership of the securities that may be deemed to be beneficially owned by Ares Partners, except to the extent of their respective pecuniary interest therein. The principal business office of the Sponsor, the Ares Entities and Ares Holdings is c/o Ares Management LLC, 1800 Avenue of the Stars, Suite 1400, Los Angeles, CA 90067.