Ares Acquisition Corp III-A 2026年季度报告

FORM10-Q ☒QUARTERLY REPORT PURSUANT TO SECTION13 OR 15(d)OF THE SECURITIES EXCHANGEACT OF 1934 ☐TRANSITION REPORT PURSUANT TO SECTION13 OR 15(d)OF THE SECURITIES EXCHANGEACT OF 1934For the transition period fromto Securities registered pursuant to Section12(b)of the Act: Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d)of the SecuritiesExchange Act of 1934 during the preceding 12months (or for such shorter period that the registrant was required to file suchreports), and (2)has been subject to such filing requirements for the past 90days:Yes☐No☒ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule405 of RegulationS-T (§232.405 of this chapter) during the preceding 12months (or for such shorter period thatthe registrant was required to submit such files).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company. See definitions of “large accelerated filer,” “accelerated filer,” “smallerreporting company.” and “emerging growth company” in Rule12b-2 of the Exchange Act. Large Accelerated Filer☐AcceleratedFiler☐Non-Accelerated Filer☒Smaller Reporting Company☒Emerging GrowthCompany If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section13(a)of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule12b-2 of the Exchange Act).Yes☒No☐ As of August10, 2026, 39,500,000 ClassA ordinary shares, par value $0.0001, and 9,918,750 ClassB ordinary shares, par value$0.0001, were issued and outstanding. ARES ACQUISITION CORPORATION IIIQuarterly Report on Form10-QTable of Contents PagePART I—FINANCIAL INFORMATIONItem 1. Unaudited Condensed Financial Statements3Unaudited Condensed Balance Sheet as of June 30, 20263Unaudited Condensed Statements of Operations for the three months ended June 30, 2026 and forthe period from March 25, 2026 (Inception) through June 30, 20264Unaudited Condensed Statements of Changes in Shareholders’ Deficit for the three months endedJune 30, 2026 and for the period from March 25, 2026 (Inception) through June 30, 20265Unaudited Condensed Statements of Cash Flows for the period from March 25, 2026 (Inception)through June 30, 20266Notes to Unaudited Condensed Financial Statements7Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations19Item 3. Quantitative and Qualitative Disclosures About Market Risk22Item 4. Controls and Procedures22PART II—OTHER INFORMATIONItem 1. Legal Proceedings22Item 1A. Risk Factors22Item 2. Unregistered Sales of Equity Securities and Use of Proceeds from Registered Securities23Item 3. Defaults Upon Senior Securities23Item 4. Mine Safety Disclosures23Item 5. Other Information23Item 6. Exhibits24Signatures25 ARES ACQUISITION CORPORATION IIICONDENSED BALANCE SHEETJUNE30, 2026(UNAUDITED) The accompanying notes are an integral part of these unaudited condensed financial statements. ARES ACQUISITION CORPORATION IIICONDENSED STATEMENTS OF OPERATIONS(UNAUDITED) ARES ACQUISITION CORPORATION IIICONDENSED STATEMENTS OF CHANGES IN SHAREHOLDERS’ DEFICITFOR THE THREEMONTHS ENDED JUNE30, 2026 ANDFOR THE PERIOD FROM MARCH25, 2026 (INCEPTION) THROUGH JUNE30, 2026(UNAUDITED) The accompanying notes are an integral part of these unaudited condensed financial statements. ARES ACQUISITION CORPORATION IIICONDENSED STATEMENT OF CASH FLOWS(UNAUDITED) FortheperiodfromMarch25,2026(Inception)throughJune30,2026Cash flows from operating activities:Net loss$(29,289)Payment of formation costs through issuance of Class B ordinary shares21,037Adjustments to reconcile net loss to net cash used in operating activities:Changes in operating assets and liabilities:Prepaid expenses(13,800)Accrued expenses20,941Due to related party1,111Net cash provided by operating activities— Deferred offering costs included in accrued offering costs$563,034Deferred offering costs paid by Sponsor through promissory note$147,977Deferred offering costs paid by Sponsor in exchange for Class B ordinary shares$3,963 ARES ACQUISITION CORPORATION IIINOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS 1. ORGANIZATION Ares Acquisition Corporation III (the “Company”) was incorporated as a Cayman Islands exempted companyon March25, 2026. The Company was formed for the purpose of effecting a merger, share exchange, asset acquisition,sharepurchase,reorganization or similar business combination with one or more businesses(the“BusinessCombination”). The Company is not limited to a particular industry or geographic region for purposes of consummating aBusiness Combination. The Company is an emergi