[SCHEDULE 13G/A] Aldel Financial II Inc. Amended Passive Investment Disclosure
Harraden Circle reports 9.92% stake in Aldel Financial II
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.
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.
Positive
None.
Negative
None.
Key Figures
Beneficially owned shares:2,351,288 sharesPercent of class:9.92%Shared voting power:2,351,288 shares+2 more
5 metrics
Beneficially owned shares2,351,288 sharesClass A shares of Aldel Financial II Inc beneficially owned by the reporting persons
Percent of class9.92%Percentage of Aldel Financial II Inc Class A shares beneficially owned
Shared voting power2,351,288 sharesShares over which the reporting persons have shared power to vote or direct the vote
Shared dispositive power2,351,288 sharesShares over which the reporting persons have shared power to dispose or direct disposition
Internal reorganization date06/30/2026Effective date of internal reorganization leading to removal of certain prior reporting persons
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
shared voting powerfinancial
"Shared Voting Power 2,351,288.00"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
shared dispositive powerfinancial
"Shared Dispositive Power 2,351,288.00"
dispositive powerfinancial
"Sole Dispositive Power 0.00 8 | Shared Dispositive Power 2,351,288.00"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
parent holding company or control personfinancial
"Identification and Classification of the Subsidiary ... by the Parent Holding Company or Control Person."
FAQ
What ownership stake in ALDF is reported by Harraden Circle Investments, LLC and Frederick V. Fortmiller, Jr.?
They report beneficial ownership of 2,351,288 Class A shares of Aldel Financial II Inc, representing 9.92% of the outstanding Class A shares attributed to the reporting persons.
How is voting and dispositive power over ALDF shares allocated in this Schedule 13G/A?
The reporting persons state they have 0 shares with sole voting or dispositive power and 2,351,288 shares with shared voting and shared dispositive power over Aldel Financial II Inc Class A stock.
Which entities actually hold the ALDF shares referenced in this Schedule 13G/A amendment?
The shares are held for the accounts of Harraden Circle Investors, LP and several related funds, with Harraden Circle Investments, LLC acting as investment manager exercising voting and dispositive power.
Why was this Schedule 13G/A for ALDF amended as of June 30, 2026?
The amendment reflects an internal reorganization effective June 30, 2026, removes reporting persons who are no longer beneficial owners, and changes the rule basis under which the Schedule 13G is filed.
What role does Frederick V. Fortmiller, Jr. play in the ALDF ownership structure?
Frederick V. Fortmiller, Jr. is described as the managing member of Harraden Circle Investments, LLC and is a reporting person sharing voting and dispositive power over 2,351,288 ALDF Class A shares.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 3)
Aldel Financial II Inc
(Name of Issuer)
Class A
(Title of Class of Securities)
G01558108
(CUSIP Number)
06/30/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
G01558108
1
Names of Reporting Persons
Harraden Circle Investments, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
2,351,288.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
2,351,288.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
2,351,288.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
9.92 %
12
Type of Reporting Person (See Instructions)
OO, IA
SCHEDULE 13G
CUSIP Number(s):
G01558108
1
Names of Reporting Persons
Frederick V. Fortmiller, Jr.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
2,351,288.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
2,351,288.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
2,351,288.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
9.92 %
12
Type of Reporting Person (See Instructions)
HC, IN
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Aldel Financial II Inc
(b)
Address of issuer's principal executive offices:
104 South Walnut Street, Unit 1A, Itasca, IL 60143
Item 2.
(a)
Name of person filing:
This Statement is filed on behalf of Harraden Circle Investments, LLC ("Harraden Adviser") and Frederick V. Fortmiller, Jr. ("Mr. Fortmiller") (collectively, the "Reporting Persons").
This Statement relates to Shares (as defined herein) held for the accounts of Harraden Circle Investors, LP ("Harraden Fund"), Harraden Circle Special Opportunities, LP ("Harraden Special Op Fund"), Harraden Circle Strategic Investments, LP ("Harraden Strategic Fund"), and Harraden Circle Concentrated, LP ("Harraden Concentrated Fund"). Harraden Adviser serves as investment manager to Harraden Fund, Harraden Special Op Fund, Harraden Strategic Fund, Harraden Concentrated Fund, and other high net worth individuals and, in such capacity, exercises voting and dispositive power over the Shares reported herein. Mr. Fortmiller is the managing member of Harraden Adviser.
(b)
Address or principal business office or, if none, residence:
885 Third Avenue, Suite 2600B, New York, NY 10022
(c)
Citizenship:
Harraden Adviser is a Delaware limited liability company. Mr. Fortmiller is a citizen of the United States of America.
(d)
Title of class of securities:
Class A
(e)
CUSIP No.:
G01558108
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
2,351,288
(b)
Percent of class:
9.92 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
0
(ii) Shared power to vote or to direct the vote:
2,351,288
(iii) Sole power to dispose or to direct the disposition of:
0
(iv) Shared power to dispose or to direct the disposition of:
2,351,288
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
Certain funds identified in Item 2(a) have the right to receive any dividends from, or the proceeds from the sale of, the securities reported herein.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
See disclosure in Item 2 hereof.
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Harraden Circle Investments, LLC
Signature:
/s/ Frederick V. Fortmiller, Jr.
Name/Title:
Frederick V. Fortmiller, Jr., managing member
Date:
08/14/2026
Frederick V. Fortmiller, Jr.
Signature:
/s/ Frederick V. Fortmiller, Jr.
Name/Title:
Frederick V. Fortmiller, Jr.
Date:
08/14/2026
Comments accompanying signature: This Schedule 13G amends the Schedule 13G filed under Rule 13d-1(c) to remove the reporting persons who, after an internal reorganization effective June 30, 2026, are no longer beneficial owners of the securities reported herein and to change the Rule under which this Schedule 13G is filed to Rule 13d-1(b), because the remaining reporting persons qualify to file Schedule 13G under Rule 13d-1(b).
