Soros Fund Management LLC and George Soros Report 5.7% Ownership in Kodiak AI, Inc.

Soros Fund Management LLC (SFM LLC) and George Soros have filed a Schedule 13G with the SEC, reporting a 5.7% ownership in Kodiak AI, Inc. The shares are held for the accounts of Quantum Partners LP and other funds/accounts managed by SFM LLC. The filing indicates that SFM LLC has investment discretion over these shares, and George Soros, as Chairman of SFM LLC, has the authority to replace the manager of SFM LLC. The filing also includes a joint acquisition statement and a power of attorney, confirming the authority of John DeSisto to act on behalf of SFM LLC and George Soros in this matter. The filing is made pursuant to Rule 13d-1(c) and includes certifications that the shares were not acquired for the purpose of influencing the control of Kodiak AI, Inc.