Key facts
- This page summarizes Aldel Investors II LLC's Form 4 filing for Aldel Financial II Inc. (ALDF).
- 3 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 25 Oct 2024, 21:53.
Aldel Investors II LLC - 23 Oct 2024 Form 4 Insider Report for Aldel Financial II Inc. (ALDF)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- ALDF
- Reported as of
- 23 Oct 2024
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 25 Oct 2024, 21:53:35 UTC
- Prior SEC filing
- 21 Oct 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Robert I. Kauffman By Robert I. Kauffman, its Manager
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Aldel Investors II LLC filed Form 4 for Aldel Financial II Inc. (ALDF) on 25 Oct 2024.
Change
- Previous filing in this sequence was filed on 21 Oct 2024.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
ALDF
transaction
Class A Ordinary Shares, par value $0.0001
Purchase
- Transaction value
- Shares
- +477,500
- Change %
- Price
- Shares after
- 477,500
- Date
- 23 Oct 2024
- Ownership
- Direct
- Footnotes
- F1, F2
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
ALDF
transaction
Derivative
Warrant
Purchase
- Transaction value
- Shares
- +238,750
- Change %
- Price
- Shares after
- 238,750
- Date
- 23 Oct 2024
- Ownership
- Direct
- Underlying class
- Class A Ordinary Shares, par value $0.0001
- Underlying amount
- 238,750
- Exercise price
- $11.50
- Footnotes
- F1, F2, F3, F4
ALDF
transaction
Derivative
OTM Warrants
Purchase
- Transaction value
- Shares
- +1,000,000
- Change %
- Price
- Shares after
- 1,000,000
- Date
- 23 Oct 2024
- Ownership
- Direct
- Underlying class
- Class A Ordinary Shares, par value $0.0001
- Underlying amount
- 1,000,000
- Exercise price
- $15.00
- Footnotes
- F3, F5, F6, F7
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 7 footnotes
Footnote F1
Simultaneously with the consummation of the Company's initial public offering, Aldel Investors II LLC (the "Sponsor") acquired, at a price of $10.00 per unit, 477,500 units (the "Private Units") in a private placement for an aggregate purchase price of $4,775,000. Each Private Unit consists of one Class A ordinary share, par value $0.0001, and one-half of one warrant.
Footnote F2
The Private Units were purchased for $10.00 per unit.
Footnote F3
The OTM Warrants and warrants included in the Private Units will become exercisable at any time commencing 30 days after the completion of the Company's initial business combination.
Footnote F4
The Warrants will expire five years after the completion of the Company's initial business combination, at 5:00 p.m., New York City time, or earlier upon redemption or liquidation.
Footnote F5
Consists of 1,000,000 OTM Warrants purchased pursuant to the OTM Warrants Purchase Agreement, dated October 21, 2024, by and among Aldel Financial II Inc., Aldel Investors II LLC and the Sponsor. Each OTM Warrant is exercisable for one Class ordinary share at an exercise price of $15.00 per share.
Footnote F6
The OTM Warrants will expire ten years after the completion of the Company's initial business combination, at 5:00 p.m., New York City time, or earlier upon redemption or liquidation.
Footnote F7
The OTM Warrants were purchased for $0.10 per warrant.
SEC remarks
1. Robert I. Kauffman is the manager of Aldel Investors II LLC. Mr. Kauffman has voting and investment discretion with respect to the securities held of record by Aldel Investors II LLC and disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein. 2. Mr. Kauffman serves on the Board of Directors of the Issuer (the "Board"). The Reporting Person may be deemed to be a director-by-deputization as a result of the service of Mr. Kauffman on the Board.