Barclays Reports 903,800-Share Position in Aldel Financial II (ALDFU)

Rhea-AI Filing Summary

Barclays PLC reported beneficial ownership of 903,800 shares of Aldel Financial II Inc. common stock, equal to 3.81% of the class. The filing shows Barclays has sole voting and sole dispositive power over those shares and identifies Barclays Bank PLC as the relevant subsidiary. The statement certifies the securities are held in the ordinary course of business and were not acquired to change or influence control of the issuer. The disclosure furnishes ownership, voting and dispositive details but does not include transaction prices, acquisition timing beyond the event date, or any change-in-control intent.

Insights

Financial Analyst

TL;DR: Barclays holds a small, non-controlling 3.81% stake with sole voting/dispositive power; near-term market impact appears limited.

The report discloses a 903,800-share position representing 3.81% of Aldel Financial II. Although Barclays reports sole voting and dispositive power, the certification explicitly states the position is held in the ordinary course of business and not to influence control. From a market-impact perspective, sub-5% passive stakes typically do not alter governance or strategy. The filing supplies clear ownership and power metrics but lacks pricing or acquisition timing that investors would need to assess cost basis or trading activity.

Corporate Governance Expert

TL;DR: Disclosure shows a passive, sub-5% holding with direct voting/dispositive authority and an identified subsidiary, implying limited governance implications.

The filing identifies the reporting person type as HC and names Barclays Bank PLC as the subsidiary connected to the reported securities. The combination of sole voting/dispositive power and an explicit ordinary-course certification is notable for transparency but does not, by itself, indicate any intent to change issuer control. For governance stakeholders, the key facts are the exact share count, the 3.81% stake size, and the explicit statement denying control-seeking intent; absent further disclosures, this position should be treated as non-controlling.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

ALDEL FINANCIAL II INC

(Name of Issuer)

COMMON-STOCK

(Title of Class of Securities)

G01558108

(CUSIP Number)

06/30/2025

(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)

SCHEDULE 13G

CUSIP No. G01558108

1

Names of Reporting Persons

Barclays PLC

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 KINGDOM

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 903,800.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 903,800.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

903,800.00

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)

3.81 %

12

Type of Reporting Person (See Instructions)

HC

SCHEDULE 13G

Item 1.
(a)	Name of issuer: ALDEL FINANCIAL II INC
(b)	Address of issuer's principal executive offices: 104 S. Walnut Street
Item 2.
(a)	Name of person filing: Barclays PLC
(b)	Address or principal business office or, if none, residence: 1 Churchill Place, London - E14 5HP
(c)	Citizenship: X0
(d)	Title of class of securities: COMMON-STOCK
(e)	CUSIP No.: G01558108
Item 4.	Ownership
(a)	Amount beneficially owned: 903800
(b)	Percent of class: 3.81 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 903800
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 903800
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
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. Barclays Bank PLC
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.

Barclays PLC

Signature:	Ramya Rao
Name/Title:	Director
Date:	08/12/2025

FAQ

How many Aldel Financial II (ALDFU) shares does Barclays PLC own?

The filing reports Barclays PLC beneficially owns 903,800 shares of Aldel Financial II common stock.

What percentage of ALDFU does Barclays PLC's stake represent?

The position represents 3.81% of the class.

Does Barclays PLC have voting control over these shares?

Yes; the statement reports sole voting power and sole dispositive power for the 903,800 shares.

Is this stake more than 5% of ALDFU?

No; the filing classifies the ownership as 5 percent or less of the class.

Which Barclays entity is identified in the filing as related to this holding?

The filing identifies Barclays Bank PLC as the subsidiary linked to the acquisition.

Were the securities acquired to influence control of Aldel Financial II?

According to the certification, the securities were acquired and are held in the ordinary course of business and were not acquired to change or influence control.