Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new stake in Aldel Financial II Inc. (NASDAQ:ALDF – Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 400,000 shares of the company’s stock, valued at approximately $4,196,000.
Separately, UBS Group AG grew its stake in shares of Aldel Financial II by 792.0% in the fourth quarter. UBS Group AG now owns 301,350 shares of the company’s stock valued at $3,161,000 after acquiring an additional 267,567 shares in the last quarter.
Aldel Financial II Stock Performance
ALDF stock opened at $10.67 on Thursday. The company has a 50-day simple moving average of $10.61. Aldel Financial II Inc. has a 52 week low of $10.30 and a 52 week high of $10.68.
Aldel Financial II Profile
We are a blank check company incorporated on July 15, 2024 as a Cayman Islands exempted company for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. We have not selected any specific business combination target, and we have not, nor has anyone on our behalf, engaged in any substantive discussions, directly or indirectly, with any business combination target with respect to an initial business combination with us.
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