Aldabra 4 Liquidity Opportunity Vehicle Inc (ALOV) is a blank check special purpose acquisition company that seeks to identify and complete a single initial business combination with an operating target. The company holds proceeds from its initial public offering in a trust account and generates no operating revenue prior to completing an acquisition. ALOV has outlined acquisition criteria focused on targets with positive operating cash flow, significant assets, and experienced management teams, with a stated interest in themes including fundamental changes in socio-economics and demographics. The management team is affiliated with Terrapin Partners, whose principals have prior SPAC experience including Terrapin 3's combination with Yatra. Officers as of the 10-K filed 2026-03-30 include Chief Financial Officer Irina O'Berry, appointed August 2025, and General Counsel Stephen Schifrin, appointed August 2025. The company may pursue targets with operations outside the United States, which would introduce cross-border transaction risks. Up to $1,500,000 in sponsor bridge loans may be convertible into private placement warrants at $1.50 per warrant.

Revenue model

No operating revenue prior to an initial business combination. Capital is held in a trust account funded by IPO proceeds. Post-combination revenue model depends entirely on the acquired target.

Products and services

Blank check acquisition vehicle seeking a single initial business combination. Class A and Class B ordinary shares, public warrants with cashless exercise provisions, and convertible sponsor loans of up to $1,500,000 at $1.50 per warrant.

Customers and end markets

No customers or end markets as of the filing date. Target acquisition criteria specify companies with positive operating cash flow and significant assets. Geographic scope includes potential cross-border targets outside the United States.

Value-chain role

SPAC sponsor and acquisition vehicle. Raises public capital, holds it in trust, and deploys it via a negotiated business combination with a private operating company.

Geographic exposure

Incorporated and operating as a blank check company with no defined geographic footprint. May pursue targets domestically or internationally per the 10-K filed 2026-03-30.

Source: SEC 10-K, filed 2026-03-30

Industry: Blank Checks