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

Periscope Capital Inc. lowered its position in Aldel Financial II Inc. (NASDAQ:ALDF) by 22.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 370,081 shares of the company’s stock after selling 104,919 shares during the period. Periscope Capital Inc.’s holdings in Aldel Financial II were worth $3,882,000 at the end of the most recent reporting period.

Separately, UBS Group AG grew its holdings in 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 during the period.

Aldel Financial II Price Performance

NASDAQ:ALDF opened at $10.68 on Friday. The firm’s 50-day moving average is $10.60. Aldel Financial II Inc. has a 52-week low of $10.30 and a 52-week high of $10.67.

Aldel Financial II (NASDAQ:ALDF) last released its quarterly earnings results on Friday, May 8th. The company reported $0.06 earnings per share (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.