Aldel Financial Inc. is a blank check company, also commonly referred to as a special purpose acquisition company, or SPAC, formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. While Aldel Financial Inc. will not limit its search for a target company to any particular business segment, it will concentrate its focus on companies exiting the restructuring process, or businesses that have transient current ownership.