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Ipos overview

Aldel Financial II Inc. (ALDFU)


Company Overview

Proposed Symbol ALDFU
Company Name Aldel Financial II Inc.
Exchange NASDAQ Global
Share Price $10.00
Employees 2 (as of 10/18/2024)
Status Priced
Shares Offered 20,000,000
Offer amount $200,000,000
Shares Over Alloted
Company Address 104 S. WALNUT STREET UNIT 1A ITASCA IL 60143
Company Phone (847) 791-6817
Company Website
CEO Robert I. Kauffman
State of Inc
Fiscal Year End 12-31
Total Offering Expense $794,448.00
Shareholder Shares Offered
Shares Outstanding 25,997,143
Lockup Period (days) 180
Lockup Expiration 2025-04-21 00:00:00
Quiet Period Expiration 2024-12-02 00:00:00
CIK 0002031561
DealId 1310070-111593

Company Description

We are a blank check company incorporated on July 15, 2024 as a Cayman Islands exempted company for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. We have not selected any specific business combination target, and we have not, nor has anyone on our behalf, engaged in any substantive discussions, directly or indirectly, with any business combination target with respect to an initial business combination with us. We will seek to acquire one or more businesses with a market capitalization of between $1 billion and $5 billion. We may pursue an initial business combination target in any business or industry or at any stage of its corporate evolution. Our primary focus, however, will be in completing a business combination with an established business of scale poised for continued growth, led by a highly regarded management team. Our management team has an extensive track record of acquiring attractive assets, investing in growth while fostering financial discipline and improving business results. --- Our executive offices are located at 104 S. Walnut Street, Unit 1A, Itasca, IL 60143 and our telephone number is (847) 773-1665.