Aldel Financial II Inc.
ALDFU
NASDAQ Global Select11.40
USD
+0.58
- -
Aldel Financial II Inc.
ALDFU
(NASDAQ Global Select)
Recent
price
11.40
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Aldel Financial II Inc. (Nasdaq: ALDFU) is a blank check company, or special purpose acquisition company (SPAC), formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The company focuses on generalist opportunities across industries, with an emphasis on financial services, and targets businesses offering strong value propositions for long-term growth. Incorporated in 2024 as a Cayman Islands exempted company, Aldel Financial II Inc. is headquartered at 104 S. Walnut Street, Unit 1A, Itasca, Illinois 60143, United States, and conducts its search for a target on a global basis with no geographic restrictions. The company offers no current products or services beyond its SPAC structure, which includes 23 million public units comprising one Class A ordinary share and one-half of one redeemable warrant exercisable at $11.50 per share, alongside private placement units, founder shares, and out-of-the-money warrants at a $15.00 strike. In October 2024, Aldel Financial II Inc. closed its initial public offering of $230 million, including the full exercise of the underwriters' over-allotment option for an additional 3 million units priced at $10.00 each, with BTIG, LLC serving as sole book-running manager; the units began trading on the Nasdaq Global Market under ALDFU, with separate trading of Class A shares (ALDF) and warrants (ALDFW) to follow, providing capital for its initial business combination now within a 24-month term. No merger target, acquisitions, partnerships, or other major changes have been announced as of late 2025.
U.S. IPO Weekly Recap: Sizable Tech And Biotech IPOs Are Joined By A Flurry Of Small Names
Aldel Financial II Inc. Announces Closing of $230 Million Initial Public Offering, Including Full Exercise of Underwriters' Over-Allotment Option
Aldel Financial II Inc. Announces Pricing of $200 Million Initial Public Offering