Every 10-Q that Aldel Financial II Inc. (ALDF) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow ALDF and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ALDF filings page.
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.
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. (ALDF) filed its Q3 2025 Form 10‑Q, reporting net income of $7,092,083 for the nine months ended September 30, 2025. Earnings were driven by $7,482,906 of investment income from the IPO trust, partially offset by $390,823 in general and administrative expenses.
On the balance sheet, total assets were $241,577,012, including $240,649,408 held in the trust account. Cash outside the trust was $746,386, supporting ongoing public‑company and target search costs. The company’s October 2024 IPO placed $231,150,000 into the trust ($10.05 per unit). The public shares are redeemable, with a redemption value of approximately $10.46 per share as of September 30, 2025.
The capital structure includes 23,000,000 Class A public shares (subject to redemption), founders’ Class B shares, and warrants (public at $11.50 strike; private units and $15 private warrants). As of October 27, 2025, there were 29,868,214 ordinary shares issued and outstanding. Management reported disclosure controls and procedures were not effective and noted ongoing remediation. Subsequent to quarter‑end, a board change occurred with one director resignation and a new appointment.