Aldel Financial II

General Information
Business:

We are a newly organized blank check company that intends to search for target companies involved in financial services, real estate and asset-based finance. (Incorporated in the Cayman Islands) 

We will seek to acquire one or more businesses with a market capitalization of between $1 billion and $5 billion.

Robert Kauffman, our founder, CEO and chairman, is a co-founder of Fortress Investment Group. Aldel Financial II is Mr. Kauffman’s second blank company.

Hassan Baqar, our CFO, is the founder and managing member of Sequoia Financial. 

(Note: Aldel Financial II filed its S-1 on Sept. 30, 2024, and disclosed the terms for its SPAC IPO: 20.0 million units at $10.00 each to raise $200.0 million. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant. Background: Aldel Financial II submitted confidential SPAC IPO documents to the SEC on Aug. 5, 2024.)

Industry: BLANK CHECKS
Employees: 0
Founded: 2024
Contact Information
Address 104 S. Walnut Street, Unit 1A Itasca, IL 60143
Phone Number (847) 773-1665
Web Address
View Prospectus: Aldel Financial II
Financial Information
Market Cap $260.0mil
Revenues $0 mil (last 12 months)
Net Income $0 mil (last 12 months)
IPO Profile
Symbol ALDFU
Exchange NASDAQ
Shares (millions): 20.0
Price range $10.00 - $10.00
Est. $ Volume $200.0 mil
Manager / Joint Managers BTIG
CO-Managers
Expected To Trade:
Status: TBA
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change