Aldel Financial II Inc. Announces Closing of $230 Million Initial Public Offering, Including Full Exercise of Underwriters' Over-Allotment Option

Aldel Financial II Inc. (the "Company"), a newly organized special purpose acquisition company formed as a Cayman Islands exempted company and led by Chairman and CEO Robert Kauffman (former co-founder of Fortress Investment Group, LLC), today announced the closing of its initial public offering of 23,000,000 units at an offering price of $10.00 per unit. This includes the exercise in full by the underwriters of their over-allotment option to purchase up to an additional 3,000,000 units. Each un