-
Aldel Financial II shareholders approve SPAC deadline extension to Jan 23, 2028 and related trust amendments
Shareholders approved extending the business combination deadline from Oct 23, 2026 up to 15 monthly extensions to Jan 23, 2028, with $50,000 deposited per extension.
-
Aldel Financial II to convert founder Class B shares to Class A on Oct 5, 2026
Sponsor will convert all but one Class B share to Class A on a one-for-one basis, effective October 5, 2026.
-
Aldel Financial II receives Nasdaq notice for failing minimum 400 public holders rule
Received Nasdaq Staff notice on Sept 10, 2026 for non-compliance with Listing Rule 5450(a)(2) requiring 400 total holders.
-
Aldel Financial II elects Charles Nearburg to board, ratifies Fruci & Associates as auditor
Annual meeting held Dec 2, 2025; 83.04% of shares represented.
-
Director Peter Early resigns from Aldel Financial II board; Charles E. Nearburg appointed
Peter Early resigned as director effective October 27, 2025, citing no disagreement with the company.
-
Aldel Financial II closes IPO of 23M units at $10; $231.15M placed in trust for business combination
Gross IPO proceeds of $230M from 23M units (each 1 Class A share + 1/2 warrant); over-allotment fully exercised.
-
Aldel Financial II closes $230M SPAC IPO, includes full over-allotment, trust funded with $231.15M
Sold 23,000,000 units at $10.00/unit for $230M gross proceeds; underwriter's over-allotment (3M units) exercised in full.