10.75
0.00%
Close of 5 Nov 2026, in USD
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About Aldel Financial II
From its filings with the US Securities and Exchange Commission
Aldel Financial II is based in Itasca, Illinois. Its shares trade on Nasdaq under the ticker ALDF. The SEC classifies its business as blank checks. In the fiscal year to 31 December 2025, it reported net income of $9.2m. At that date it held total assets of $243.7m and shareholders' equity of $651,531.
As of December 31, 2025, the Company had not yet commenced any operations. All activity through December 31, 2025 relates to the Company’s formation and the initial public offering (“IPO”), which is described below. The Company will not generate any operating revenues until after the completion of its Business Combination, at the earliest. The Company has selected December 31 as its fiscal year end.
The registration statement for the Company’s IPO was declared effective on October 21, 2024. On October 23, 2024, the Company consummated its IPO of 23,000,000 units (the “Units”) at $10.00 per unit including the 3,000,000 Units that were issued pursuant to the underwriters’ full exercise of their over-allotment option. Each Unit consist of one share of Class A ordinary share of the Company, par value $0.0001 per share (the “Public Share”) and one-half of one redeemable warrant ( “Public Warrant”), each whole Public Warrant entitling the holder thereof to purchase one share of Class A ordinary share for $11.50 per share. The Units were sold at a price of $10.00 per Unit, generating gross proceeds to the Company of $230,000,000. The Public Warrants will become exercisable on the later of 30 days after the completion of Business Combination and 12 months from the closing of the IPO and will expire five years after the completion of Business Combination or earlier upon Company’s liquidation.
Quoted from its 10-K, filed 25 Mar 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- N/A
- Industry
- N/A
- Listed since
- 22 Oct 2024
- Employees
- 6
- Head office
- 104 S. WALNUT STREET, ITASCA, IL, 60143
- Classification
- Blank Checks
- Filer status
- <br>Emerging growth company
Leadership
Pay as last reported
- Mr. Robert KauffmanChairman of the Board, Chief Executive Officer, since 2024
- Mr. Hassan BaqarChief Financial Officer, Secretary
- Ms. Meltem DemirorsDirector
- Mr. Peter EarlyDirector
- Mr. Stuart KovenskyDirector
- Mr. Jonathan MarshallDirector
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Aldel Financial II Inc focuses on financial services industry for business combinations.
- The company has a clear purpose of merger and acquisition activities in financial sector.
- Aldel Financial II Inc is listed on 22 October 2024 with six employees.
Weaknesses
- Aldel Financial II Inc has not commenced business operations yet.
- The company has not generated any revenue since its formation.
- Aldel Financial II Inc has only six employees for a blank check company.
Opportunities
- Aldel Financial II Inc can target financial services businesses for acquisition.
- The company can leverage its IPO listing for future business combinations.
- Aldel Financial II Inc may find opportunities in the US financial sector.
Threats
- Aldel Financial II Inc faces challenges in finding suitable business combinations.
- The company has no revenue to support operations before business combinations.
- Aldel Financial II Inc's small employee count may limit its operational capacity.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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