Periscope Capital Inc. Sells 104,919 Shares of Aldel Financial II Inc. $ALDF

Periscope Capital Inc. reduced its holdings in shares of Aldel Financial II Inc. (NASDAQ:ALDF) by 22.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 370,081 shares of the company’s stock after selling 104,919 shares during the quarter. Periscope Capital Inc.’s holdings in Aldel Financial II were worth $3,882,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Separately, UBS Group AG lifted its holdings in shares of Aldel Financial II by 792.0% during the fourth quarter. UBS Group AG now owns 301,350 shares of the company’s stock valued at $3,161,000 after purchasing an additional 267,567 shares in the last quarter.

Aldel Financial II Price Performance

Shares of ALDF opened at $10.68 on Friday. Aldel Financial II Inc. has a one year low of $10.30 and a one year high of $10.67. The business has a fifty day moving average price of $10.60.

Aldel Financial II (NASDAQ:ALDF) last issued its quarterly earnings data on Friday, May 8th. The company reported $0.06 EPS for the quarter.

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.