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Shareholders approve extending business combination deadline to January 23, 2028 and elect two directors
ALDFAldel Financial II Inc.
Aldel Financial II Inc. shareholders approved proposals at an extraordinary general meeting on October 5, 2026, allowing the company to extend its business combination deadline from October 23, 2026, up to fifteen times until January 23, 2028. The extension requires monthly deposits of $50,000 into the trust account. Shareholders also approved reducing liquidation expense withdrawals and elected Stuart Kovensky and Meltem Demirors as Class II directors. Approximately 19.7 million shares were redeemed in connection with the vote. Aldel Financial II Inc. operates as a blank check company focused on completing an initial business combination.