SCHEDULE: Hudson Bay Capital Discloses 4.85% Stake in Aldel Financial II

Hudson Bay Capital Management LP and Sander Gerber reported a 4.85% beneficial ownership stake in Aldel Financial II Inc.'s Class A Ordinary Shares as of June 30, 2025.

Summary

• Hudson Bay Capital Management LP and Sander Gerber collectively reported beneficial ownership of 1,450,000 Class A Ordinary Shares of Aldel Financial II Inc.
• This ownership represents 4.85% of the Class A Ordinary Shares outstanding.
• The percentage is calculated based on 29,868,214 Class A Ordinary Shares of Aldel Financial II Inc. outstanding as of May 2, 2025, as reported in the company's Annual Report on Form 10-K.
• Hudson Bay Capital Management LP serves as the investment manager to HB Strategies LLC, which holds the securities.
• Sander Gerber is the managing member of Hudson Bay Capital GP LLC, the general partner of Hudson Bay Capital Management LP.

Sentiment

Score: 5

Explanation: This filing is a factual disclosure of beneficial ownership and does not contain information that would indicate a positive or negative sentiment regarding the issuer's performance or outlook.

Risks

• Sander Gerber disclaims beneficial ownership of the reported securities, despite his role as managing member of the general partner of the Investment Manager.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Disclosure of a significant shareholder provides transparency to existing and potential investors regarding the ownership structure of Aldel Financial II Inc.

Key Dates

Keywords

Aldel Financial II, Hudson Bay Capital Management, Sander Gerber, Beneficial Ownership, Schedule 13G, Class A Ordinary Shares, Investment Management