Hagerty, Inc.

Aldel Financial Inc., trading on Nasdaq under the ticker ADF, is a blank-check company that completed its initial public offering in 2021 and is sponsored by Aldel LLC. The SPAC targets the financial services and specialty insurance sector. The August 2021 8-K filing relates to Aldel Financial's announced business combination with Hagerty, Inc., a well-known specialty insurance and automotive lifestyle company focused on classic and collector vehicles. The transaction represented a notable pairing of a purpose-built acquisition vehicle with an established niche insurer. The deal subsequently closed in December 2021, taking Hagerty public on the New York Stock Exchange. Sign up at SpacDesk for complete filing history, deal timelines, and sponsor-level analytics on ADF and hundreds of other SPACs.