Aldel Financial

Aldel Financial II (Nasdaq: ALDF) is a blank check company ("SPAC") whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.

EXECUTIVE SUMMARY 

• The company is led by Rob Kauffman, who was co-founder, principal and member of the board of directors of Fortress Investment Group, from its founding in 1998 until 2012 
• Recent SPAC track record: 
  • In April 2021, Mr. Kauffman formed $115 million Aldel Financial Inc. which   closed a de-SPAC merger with Hagerty Inc. in December 2021. Concurrent  with the merger, a $704 million PIPE was raised for a total transaction value of $3.1 billion  at completion 
• Aldel II is primarily targeting public ready companies in the $1B-$5B market cap range 
• The company will benefit from an experienced management team and board of directors, with deep expertise in corporate finance and capital markets across a variety of industries and sectors

TARGET CRITERIA 

We are looking for a business combination which meets the following general criteria: 

• Mature private company with scale to benefit from public markets
• Experienced management team that understands the requirements of being a public company
• Robust infrastructure to handle the responsibilities & obligations of public markets
• Clear capital requirements & liquidity needs
• Track record and business that can be easily understood by public market investors
• Public market ready companies in the $1B -- $5B market cap range

VALUE PROPOSITION 

1. Access to deal flow 
2. Partnership mentality 
3. Guidance: Going public, Board of Director representation, strategic & operational 
4. Differentiated team experience: private equity, public company & board, buy side, SPACs