Aldel Financial II sponsor converts 6,160,713 Class B shares into Class A shares - ALDF News | RalliesAldel Financial II sponsor converts 6,160,713 Class B shares into Class A shares
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ALDF• Sponsor notice to convert Class B shares
- Aldel Financial II received a sponsor notice to convert all but one Class B ordinary share into Class A shares.
- The conversion takes effect Oct. 5, 2026, on a one-for-one basis; other Class B holders also plan to convert.
- Converted Class A shares will not receive trust-account funds; no additional funds will be deposited for the conversion.
- Post-conversion share count is expected to be 29,868,213 Class A shares outstanding, with the sponsor retaining one Class B share.
- Converted Class A shares remain subject to the existing transfer restrictions that applied to the Class B shares.
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