SEC Form 4

FORM 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* Hound Partners, LLC (Last) (First) (Middle) 101 PARK AVE., 48TH FLOOR (Street) NEW YORK NY 10178 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol Aldabra Acquisition CORP [ alba ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director X 10% Owner Officer (give title below) Other (specify below)
	3. Date of Earliest Transaction (Month/Day/Year) 09/29/2006
	4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable Line) Form filed by One Reporting Person X Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock $.0001 par value	10/02/2006		P		11,804	A	$5.66	441,875(1)	D
Common Stock $.0001 par value	10/02/2006		P		0	A	$0	441,875(2)	I	By Hound Partners, LP
Common Stock $.0001 par value	10/02/2006		P		26	A	(3)	441,901(1)	D
Common Stock $.0001 par value	10/02/2006		P		0	A	$0	441,901	I	By Hound Partners, LP

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Common Stock Warrant (Right to Buy)	$5	09/29/2006		P		12,132		02/17/2006	02/17/2009	Common Stock	12,132	$0.85	1,975,798(1)	D
Common Stock Warrant (Right to Buy)	$5	09/29/2006		P		0		02/17/2006	02/17/2009	Common Stock	0	$0	1,975,798(2)	I	By Hound Partners, LP
Common Stock Warrant (Right to Buy)	$5	10/02/2006		P		68,874		02/17/2006	02/17/2009	Common Stock	68,874	$0.86	2,044,672(1)	D
Common Stock Warrant (Right to Buy)	$5	10/02/2006		P		0		02/17/2006	02/17/2009	Common Stock	0	$0	2,044,672(2)	I	By Hound Partners, LP
Common Stock Warrant (Right to Buy)	$5	10/02/2006		P		52		02/17/2006	02/17/2009	Common Stock	52	(3)	2,044,724(1)	D
Common Stock Warrant (Right to buy)	$5	10/02/2006		P		0		02/17/2006	02/17/2009	Common Stock	0	$0	2,044,724(2)	I	By Hound Partners, LP
Common Stock Warrant (Right to buy)	$5	09/29/2006		P		12,868		02/17/2006	02/17/2009	Common Stock	12,868	$0.85	2,092,749(4)	D
Common Stock Warrant (Right to Buy)	$5	09/29/2006		P		0		02/17/2006	02/17/2009	Common Stock	0	$0	2,092,749(5)	I	By Hound Partners Offshore Fund, LP

1. Name and Address of Reporting Person* Hound Partners, LLC (Last) (First) (Middle) 101 PARK AVE., 48TH FLOOR (Street) NEW YORK NY 10178 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* Hound Partners Offshore Fund, LP (Last) (First) (Middle) REGATTA OFFICE PARK, WINDWARD ONE WEST BAY ROAD, P.O. BOX 31106 SMB (Street) GRAND CAYMAN E9 00000 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* AUERBACH JONATHAN A G (Last) (First) (Middle) 215 E 73RD STREET (Street) NEW YORK NY 10021 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* Hound Partners L P (Last) (First) (Middle) 101 PARK AVE 48TH FL (Street) NEW YORK NY 10178 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* Hound Performance, LLC (Last) (First) (Middle) 101 PARK AVENUE 48TH FLOOR (Street) NEW YORK NY 10178 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

Explanation of Responses:

1. These securities are owned by Hound Partners, LP, which is a reporting person.

2. The securities may be deemed to be beneficially owned by; (a) Hound Performance, LLC, the general partner of Hound Partners, LP; (b) Hound Partners, LLC, the investment manager of Hound Partners, LLC; (c) Jonathan Auerbach, the managing member of Hound Performance, LLC and Hound Partners, LLC. Each Reporting Person disclaims beneficial ownership of the securities reported in this Form 4 extept to the extent of his or its pecuniary interest, if any, therein, and this report shall not be deemed to be an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

3. Each unit cost $7.46 and consists of one share and two warrants.

4. These securities are owned by Hound Partners Offshore Fund, LP, which is a reporting person.

5. The securities may be deemed to be beneficially owned by (a) Hound Performance, LLC, the general partner of Hound Partners Offshore Fund, LP; (b) Hound Partners, LLC, the investment manager of Hound Partners Offshore Fund, LP and (c) Jonathan Auerbach, the managing member of Hound Performance, LLC and Hound Partners, LLC. Each Reporting Person disclaims beneficial ownership of the securities reported in this Form 4 except to the extent of his or its pecuniary interest, if any, therein, and this report shall not be deemed to be an admission that such Reporting Person is the beneficial owner of such securities for the purpose of Section 16 of for any other purpose.

	Hound Partners, LLC; By: /s/ Jonathan Auerbach, managing member	10/04/2006
	Hound Performance, LLC; By: /s/ Jonathan Auerbach, managing member	10/04/2006
	/s/ Jonathan Auerbach	10/04/2006
	Hound Partners, LP; By: Hound Performance, LLC its general partner; By: /s/ Jonathan Auerbach, managing member	10/04/2006
	Hound Partners Offshore Fund, LP; By: Hound Performance, LLC, its general partner; By: /s/ Jonathan Auerbach, managing member	10/04/2006
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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