ALUB
Alussa Energy Acquisition Corp. IIFinancial Services·Shell Companies
$10.03
$360M market cap
Revenue
$0.0M
Free Cash Flow
$-0.4M
Rev Growth
+0.0%
FCF Margin
0.0%
P/FCF
--
EV/FCF
--
Fwd EV/EBITDA
--
Fair Value
--
Upside
--
Alussa Energy Acquisition Corp. II focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company was incorporated in 2024 and is based in Austin, Texas.
2-Year Price History
$10.01+0.8%
Quarterly Financials & Projections
Quarterly Waterfall ($ M)
| Period | Rev | EBITDA | OpIn | NI | OCF | FCF | CapEx | Cash | Debt | Shares | ROIC | IntCov | EV/EBITDA | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Act | 2026-Q1 | 0.0 | -0.3 | -0.3 | 2.2 | -0.1 | -0.1 | -0.0 | 0.8 | 0.0 | 35.9 | -1.3% | -- | -- |
| Act | 2025-Q4 | 0.0 | 0.0 | -8.8 | -7.4 | -0.2 | -0.2 | -0.0 | 1.2 | 0.2 | 21.9 | -40.0% | -- | -- |
Valuation & Metrics
Market Stats
Price$10.03
Market Cap$360M
Enterprise Value$360M
P/S Ratio0.0x
P/FCF--
EV/FCF--
FCF Margin (TTM)0.0%
FCF Yield-0.1%
Dividend Yield (TTM)--
Annual Dilution0.0%
CurrencyUSD
TTM Financial Snapshot
Revenue$0.0M
Net Income$-5.2M
Free Cash Flow$-0.4M
Revenue Growth (YoY)+0.0%
EBITDA Margin0.0%
Net Margin0.0%
FCF Margin0.0%
CapEx % of Revenue0.0%
SBC % of Revenue0.0%
ROIC-20.7%
WC Change % Rev0.0%
Interest Coverage--
Forward Outlook & Risk
Short Interest
Short % of Float--
Short Shares0.0M
Days to Cover1.0
Change (vs Prior)-65.2%
Need at least 2 settlement dates for chart
Employees
Headcount3
Revenue / Employee$0
Gross Profit / Employee$0
Cash Runway
27.0months
WATCH
Institutional Ownership
Headline & net flow
NEUTRAL
Net flow · —still filing
No float data — flow unavailable.
Ownership composition
Active
66.7%
50 filers
hedge / family / endowment
Retail funds
—
Fidelity, Schwab, 401(k)
Passive
0.0%
0 filers
Vanguard, iShares, SPDR
Market makers
0.2%
1 filers
Citadel, Susquehanna
Insiders
—
Form 4 — latest per insider
Not enough quarterly ownership history to chart yet.
Top holders
| Fund | $ value | Cost basis | Δ QoQ | Δ YoY | α life | Fund AUM |
|---|---|---|---|---|---|---|
| Hudson Bay Capital Management LP | $14.8M | $9.98 | +$14.8M | +$14.8M | — | $15.12B |
| GLAZER CAPITAL, LLC | $13.6M | $9.98 | +$13.6M | +$13.6M | — | $4.51B |
| Alberta Investment Management Corp | $12.5M | $9.98 | +$12.5M | +$12.5M | — | $14.74B |
| Magnetar Financial LLC | $12.5M | $9.98 | +$12.5M | +$12.5M | — | $9.54B |
| Yaupon Capital Management LP | $11.0M | $9.98 | +$11.0M | +$11.0M | — | $2.03B |
| Polar Asset Management Partners Inc. | $10.0M | $9.98 | +$10.0M | +$10.0M | — | $3.16B |
| Mercuria Capital Strategies, LLC | $10.0M | $9.98 | +$10.0M | +$10.0M | — | $262M |
| LINDEN ADVISORS LP | $10.0M | $9.98 | +$10.0M | +$10.0M | — | $1.89B |
| TENOR CAPITAL MANAGEMENT Co., L.P. | $10.0M | $9.98 | +$10.0M | +$10.0M | — | $1.50B |
| BlueCrest Capital Management Ltd | $8.2M | $9.98 | +$8.2M | +$8.2M | — | $920M |
| MOORE CAPITAL MANAGEMENT, LP | $8.0M | $9.98 | +$8.0M | +$8.0M | — | $2.52B |
| MILLENNIUM MANAGEMENT LLC | $7.5M | $9.98 | +$7.5M | +$7.5M | — | $127.40B |
| Sculptor Capital LP | $7.5M | $9.98 | +$7.5M | +$7.5M | — | $4.63B |
| PICTON MAHONEY ASSET MANAGEMENT | $7.0M | $9.98 | +$7.0M | +$7.0M | — | $9.44B |
| Boussard & Gavaudan Investment Management LLP | $7.0M | $9.98 | +$7.0M | +$7.0M | — | $310M |
| Radcliffe Capital Management, L.P. | $6.7M | $9.98 | +$6.7M | +$6.7M | — | $1.33B |
| METEORA CAPITAL, LLC | $6.5M | $9.98 | +$6.5M | +$6.5M | — | $69.12B |
| Governors Lane LP | $6.1M | $9.98 | +$6.1M | +$6.1M | — | $801M |
| AQR Arbitrage LLC | $6.1M | $9.98 | +$6.1M | +$6.1M | — | $5.11B |
| D. E. Shaw & Co., Inc. | $5.5M | $9.98 | +$5.5M | +$5.5M | — | $118.02B |
Cost basis is a volume-weighted estimate from accumulation periods within our 13F history; holders who built their position before our window started will show a stale basis. % above the cost basis is the unrealized gain at the current price.
Trading behavior
Smart-money alpha (lifetime, %/qtr)BULLISH
Holders
+1.07%
avg per quarter
Holders (ex-self)
—
excl. this stock
Buyers (this Q)
+1.07%
51 buyers · $0.24B in
Sellers (this Q)
+0.00%
0 sellers · $0.00B out
alpha coverage: 100% of $ has a lifetime-alpha record
Holder behavior (holder profile)source: holder
On big dips (−10%+)
-6.1%
how holders react when this stock falls
On quiet Qs
-8.0%
−10% to +10% baseline
On rallies (+10%+)
-13.7%
how they react when this stock rises
Holders' portfolio flow this Q
-0.7%
outflows — trims may be forced
Sellers' portfolio flow this Q
+0.0%
Sellers' overall flow ~ flat.
New buyers this quarter
Hudson Bay Capital Management LP+$0.01BGLAZER CAPITAL, LLC+$0.01BAlberta Investment Management Corp+$0.01BMagnetar Financial LLC+$0.01BYaupon Capital Management LP+$0.01BPolar Asset Management Partners Inc.+$0.01BMercuria Capital Strategies, LLC+$0.01BLINDEN ADVISORS LP+$0.01BTENOR CAPITAL MANAGEMENT Co., L.P.+$0.01BBlueCrest Capital Management Ltd+$0.01B
Top-5 holders · 26.8%
Hudson Bay Capital Management LP--
GLAZER CAPITAL, LLC--
Alberta Investment Management Corp--
Magnetar Financial LLC--
Yaupon Capital Management LP--
Top Holders Over Time
5-year share-count history (top 10 holders by peak, incl. exited) + price
Not enough holder history to plot.
Corporate
Order Flow (FINRA, ~3w lag)
98.0%retail+6.4pp
0.0%dark+20.7pp
week of 2026-04-13
Off-exchange volume from FINRA. Retail = non-ATS (wholesaler PFOF + broker internalization). Dark = ATS (dark-pool crossing networks, institutional). Lit-exchange = remainder.