Kodiak AI, the robotruck company, poised to launch on Nasdaq following SPAC merger
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 25 2025
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Should l Buy ?
Source: SeekingAlpha
Stock Market Debut: Kodiak Robotics will debut on the stock market on Thursday after merging with SPAC Ares Acquisition Corp. II, valuing the company at approximately $2.5 billion, and will trade under the tickers "KDK" and "KDKRW" on Nasdaq.
Funding and Expansion Plans: The merger provided Kodiak with over $212.5 million in funding, which will be used to expand its driverless fleet and enhance its AI-powered autonomous driving system, Kodiak Driver, which has already logged around 3 million autonomous miles.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
