Fact II Acquisition Corp(NASDAQ) FACT

Fact II Acquisition Corp helps private businesses join the stock market. It does not make products or sell services to people yet. Instead, it searches for a successful company to buy.

The Search for a Partner

• Business Combination Search: Seeking one or more businesses for a merger, asset acquisition, or reorganization.
• Capital Management: Holding cash in a trust account to fund a future deal.
• Market Listing: Offering a way for private firms to trade on the Nasdaq Global Market.

A Deal on the Horizon

• Entered a merger agreement with Precision Aerospace & Defense Group, Inc. on November 26, 2025.
• Created Patriot Merger Subsidiary, Inc. on November 7, 2025, to facilitate the aerospace acquisition.
• Signed an advisory agreement with its Sponsor to help find investors and prepare for the upcoming merger.
• Hired a senior advisor through a services agreement starting December 1, 2025, to support the executive team.

The Blank Check Model

Fact II is a Special Purpose Acquisition Company, also known as a blank check company. It has no operations of its own and must complete a business deal within a set timeframe or return money to its investors.

Measuring the Progress

• Net income reached $1.0 million in Q1 2026, down 28.6% from Q1 2025.
• Operating cash flow was -$131,882 in Q1 2026, an improvement from -$2.6 million in the previous year.
• Cash held in the Trust Account grew to $185.3 million as of March 31, 2026.
• General and administrative expenses were $517,616 in Q1 2026, worsening by 42.2% compared to Q1 2025.

The Big Picture

Fact II has evolved from a newly formed shell company to an entity with a specific merger target. Its success now depends on completing the acquisition of Precision Aerospace & Defense Group, Inc.