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Aldel Financial II Priced, Nasdaq: ALDFU

Second blank check company formed by Fortress Investment Group co-founder Robert Kauffman.

Industry: SPAC

Latest Trade: $10.05 0.00 (0.0%)

First Day Return: -0.1%

Return from IPO: +0.5%

Industry: SPAC

We are a blank check company incorporated on July 15, 2024 as a Cayman Islands exempted company for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. We have not selected any specific business combination target, and we have not, nor has anyone on our behalf, engaged in any substantive discussions, directly or indirectly, with any business combination target with respect to an initial business combination with us. We will seek to acquire one or more businesses with a market capitalization of between $1 billion and $5 billion. We may pursue an initial business combination target in any business or industry or at any stage of its corporate evolution. Our primary focus, however, will be in completing a business combination with an established business of scale poised for continued growth, led by a highly regarded management team. Our management team has an extensive track record of acquiring attractive assets, investing in growth while fostering financial discipline and improving business results.
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IPO Data
IPO File Date 09/30/2024
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 20.0
Deal Size ($mm) $200
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 10/21/2024
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 20.0
Deal Size ($mm) $200
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
BTIG
Company Data
Headquarters Itasca, IL, United States
Founded 2024
Employees at IPO 2
Website aldelcapital.com

Aldel Financial II (ALDFU) Performance