Filing Details

Accession Number:
0001104659-21-109269
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-08-25 13:24:49
Reporting Period:
2021-04-09
Accepted Time:
2021-08-25 13:24:49
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1840776 Aldel Financial Inc. ADF () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1449556 S. Martin Friedman C/O Aldel Financial Inc.
105 S. Maple Street
Itasca IL 60143
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock, Par Value $0.0001 Acquisiton 2021-04-09 25,000 $0.00 25,000 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock, Par Value $0.0001 Warrant Acquisiton 2021-04-09 12,500 $0.00 12,500 $11.50
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
12,500 No 4 P Direct
Footnotes
  1. The shares of Class A common stock are held as part of the public units ("Public Units") of Aldel Financial Inc. (the "Company"), with each Public Unit consisting of one share of Class A common stock, par value $0.0001 per share ("Common Stock") and one-half of one warrant to purchase one share of Common Stock at an exercise price of $11.50 per share (the "Warrants").
  2. The Public Units were purchased for $10.00 per unit.
  3. The Warrants included in the Public Units will become exercisable at any time commencing on the later of (a) 12 months from April 12, 2021, the closing date of the Company's initial public offering, or (b) 30 days after the completion of the Company's initial business combination.
  4. The Warrants will expire five years after the completion of the Company's initial business combination, at 5:00 p.m., New York City time, or earlier upon redemption or liquidation.