Aldel Financial II Stock Barely Moves, But Its SPAC Clock Is Ticking
Aldel Financial II Inc. shares closed at $10.66 on Thursday, up one cent, with only 82 shares traded. The price matches the SPAC’s reported trust redemption value as of March 31. Aldel’s merger deadline falls in October 2026 unless extended by shareholders. The company reported $1.9 million in first-quarter net income, mostly from trust investment income.