Ares funds sell 23M shares at $10.25; SVV repurchases 1M shares concurrently

Filed August 13, 2026 · Period ending August 13, 2026 · ~1 min read

Key Changes

• high

  Ares Private Equity funds sold 23M shares at $10.25/share in secondary offering that closed Aug 13; company received no proceeds from the sale.

  Item 8.01 verify on EDGAR →
• high

  Company repurchased 1,021,580 shares from underwriters at their purchase price (below $10.25 public price) using existing cash, separate from existing buyback program.

  Item 8.01 verify on EDGAR →
• medium

  Underwriters exercised full 3M-share overallotment option as part of the 23M-share total offering by Ares funds.

  Exhibit 99.1 view on EDGAR →