General Information |
Business: |
We are a newly organized blank check company that intends to search for target companies involved in financial services, real estate and asset-based finance. (Incorporated in the Cayman Islands)
We will seek to acquire one or more businesses with a market capitalization of between $1 billion and $5 billion.
Robert Kauffman, our founder, CEO and chairman, is a co-founder of Fortress Investment Group. Aldel Financial II is Mr. Kauffman’s second blank company.
Hassan Baqar, our CFO, is the founder and managing member of Sequoia Financial.
(Note: Aldel Financial II filed its S-1 on Sept. 30, 2024, and disclosed the terms for its SPAC IPO: 20.0 million units at $10.00 each to raise $200.0 million. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant. Background: Aldel Financial II submitted confidential SPAC IPO documents to the SEC on Aug. 5, 2024.)
|
Industry: |
BLANK CHECKS |
Employees: |
0 |
Founded: |
2024 |
Contact Information |
Address |
104 S. Walnut Street, Unit 1A Itasca, IL 60143 |
Phone Number |
(847) 773-1665 |
Web Address |
|
View Prospectus: |
Aldel Financial II |
Financial Information |
Market Cap |
$260.0mil |
Revenues |
$0 mil (last 12 months) |
Net Income |
$0 mil (last 12 months) |
IPO Profile |
Symbol |
ALDFU |
Exchange |
NASDAQ |
Shares (millions): |
20.0 |
Price range |
$10.00 - $10.00 |
Est. $ Volume |
$200.0 mil |
Manager / Joint Managers |
BTIG |
CO-Managers |
|
Expected To Trade: |
|
Status:
|
TBA |
Quiet Period Expiration Date: |
Available only to Subscribers |
Lock-Up Period Expiration Date: |
Available only to Subscribers |
SCOOP Rating |
Available only to Subscribers |
Rating Change |
Available only to Subscribers |