Welcome to our dedicated page for Aldel Financial II SEC filings (Ticker: ALDF), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Aldel Financial II Inc. filings document the regulatory record of a blank check company with Nasdaq-listed units and warrants. Its proxy materials cover annual general meeting proposals, director elections, auditor ratification, adjournment authority, and shareholder voting procedures. Current reports disclose material governance events, including board changes, while company cover pages identify its Cayman Islands organization and emerging growth company status.
Aldel Financial II Inc. (ALDF) is asking shareholders to approve several proposals at an extraordinary general meeting in lieu of an annual meeting. The key item is an Extension Amendment to move the SPAC’s business combination deadline from October 23, 2026 to January 23, 2028, via up to fifteen one‑month extensions.
A related Trust Amendment would permit these monthly extensions if the sponsor (or affiliates/designees) deposits $50,000 per one‑month extension into the trust account and would reduce the amount of trust interest the company may withdraw for liquidation and dissolution expenses from $100,000 to $25,000. Shareholders will also vote on electing Stuart Kovensky and Meltem Demirors as Class II directors through the 2029 annual meeting, ratifying Fruci & Associates II, PLLC as auditor for 2025, and on a possible adjournment proposal if there are insufficient votes.
As of the record date, ALDF has 29,868,214 Ordinary Shares outstanding (23,707,500 Class A and 6,160,714 Class B), voting together as a single class. Public shareholders may redeem some or all of their Class A shares in connection with the extension, while founder shares and private units held by the sponsor and insiders will not participate in any liquidation.
Harraden Circle Investments, LLC and Frederick V. Fortmiller, Jr. report beneficial ownership of 2,351,288 Class A shares of Aldel Financial II Inc, representing 9.92% of the class. All voting and dispositive power over these shares is described as shared, with no sole voting or dispositive authority reported.
The shares are held for the accounts of several Harraden-managed funds, and Harraden Circle Investments, LLC serves as investment manager, with Mr. Fortmiller as managing member. The amendment reflects an internal reorganization effective June 30, 2026 and removes certain prior reporting persons who are no longer beneficial owners.
Aldel Financial II Inc., a Cayman Islands-based SPAC targeting financial services, reported net income of $4,016,832 for the six months ended June 30, 2026, driven by $4,352,257 of investment income on its trust account and $335,425 of general and administrative expenses.
Total assets were $247,734,035, including $247,397,872 held in the Trust Account invested in U.S. Treasury instruments and $283,112 of cash outside the trust. The 23,000,000 Class A ordinary shares subject to redemption are carried at redemption value; the trust’s redemption value was about $10.76 per share, while stockholders’ equity stood at $316,106.
The company completed an IPO of 23,000,000 units at $10.00 per unit, plus a private placement of 707,500 Private Units and 1,000,000 $15 Private Warrants. It has 11,500,000 public warrants outstanding and a 24‑month period from IPO closing to complete a business combination, after which public shares would be redeemed and warrants would expire if no deal is completed.
AQR Capital Management affiliates reported beneficial ownership of 1,513,426 ordinary shares of Aldel Financial II Inc. on an amended Schedule 13G/A, representing 6.38% of the class. The filing lists AQR Capital Management, LLC; AQR Capital Management Holdings, LLC; and AQR Arbitrage, LLC as reporting persons and identifies shared voting and dispositive power for the reported shares.
The filing names Aldel Financial II Inc. as issuer and shows CUSIP G01558108. The reporting entities state organizational relationships: AQR Capital Management, LLC is a wholly owned subsidiary of AQR Capital Management Holdings, LLC, and AQR Arbitrage, LLC is controlled by AQR Capital Management, LLC.
Aldel Financial II Inc., a SPAC focused on financial services targets, reported net income of $1,906,945 for the three months ended March 31, 2026, driven by $2,126,628 of investment income on its trust account and $219,683 of general and administrative expenses. Total assets were $245.6 million, including $245.2 million held in the trust account and $364,632 of cash outside the trust. The trust equated to a redemption value of about $10.66 per Class A share as of March 31, 2026, with 23,000,000 Class A shares subject to possible redemption. The company remains in its pre-business-combination stage and has up to 24 months from its IPO closing to complete an initial business combination or return trust funds to public shareholders.
Aldel Financial II Inc. is a Cayman Islands-based blank check company formed in July 2024 to complete a merger or similar business combination, primarily targeting financial services businesses in North America. It has no operating business and earns interest on IPO proceeds.
The company completed its IPO on October 23, 2024, selling 23,000,000 units at $10.00 each for gross proceeds of $230,000,000, plus $7,175,000 from private placements. Following the IPO, $231,150,000 was placed in a trust account. As of December 31, 2025, investments and cash in the trust totaled $243,045,615, with a redemption value of about $10.57 per public share, and cash outside the trust was $541,650.
For the year ended December 31, 2025, Aldel Financial II reported net income of $9,225,582, driven by $9,879,114 of investment income on the trust and $653,532 of general and administrative expenses. Public shareholders may redeem their shares in connection with a business combination, while the sponsor and insiders have waived redemption on their founder and private shares. The company has a 24‑month window from the IPO closing to complete an initial business combination, after which it will liquidate the trust and return funds to public shareholders if no deal is completed.
Aldel Financial II Inc. received an updated Schedule 13G/A from Magnetar-affiliated entities reporting a significant stake in its Class A ordinary shares. As of December 31, 2025, Magnetar Financial LLC, Magnetar Capital Partners LP, Supernova Management LLC and David J. Snyderman collectively reported beneficial ownership of 1,899,102 shares, representing about 8.26% of Aldel’s approximately 23,000,000 Class A shares outstanding. The filing states these shares are held across several Magnetar-managed funds, with shared voting and disposition power and no sole voting or dispositive authority. The reporting holders certify the position is held in the ordinary course of business and not for the purpose of changing or influencing control of Aldel Financial II Inc.
Aldel Financial II Inc. is soliciting proxies for its 2025 annual general meeting to vote on three items: appointing Charles Nearburg as a Class I director through 2028, ratifying Fruci & Associates II, PLLC as independent auditor for the year ending December 31, 2025, and an adjournment proposal if needed.
The meeting is set for December 2, 2025 at 10:00 a.m. ET, at 104 S. Walnut Street, Unit 1A, Itasca, IL, and virtually at cstproxy.com/aldelfinancialii/2025. Each proposal requires a simple majority of votes cast by holders present in person or by proxy. The board recommends voting FOR all proposals.
The record date is October 29, 2025. As of that date, 29,868,214 Ordinary Shares were outstanding, including 23,707,500 Class A and 6,160,714 Class B shares; each share carries one vote. The Company has engaged Advantage Proxy, Inc. to assist with solicitation.
Aldel Financial II Inc. reported a board change. On October 27, 2025, director Peter Early resigned, and the Board appointed Charles E. Nearburg to fill the vacancy, effective the same day. The Company stated Mr. Early’s resignation was not due to any disagreement regarding operations, policies, or practices.
Mr. Nearburg will serve as a Class I director until the 2026 Annual Meeting of Shareholders or until a successor is elected and qualified. He is expected to enter into an Indemnity Agreement, a Letter Agreement, and a Registration Rights Agreement on the same terms as other directors and officers. The Company reported no related‑party transactions under Item 404(a) and no family relationships involving Mr. Nearburg.