FACT II Acquisition Corp.
- Company typePublic
- Founded2024
- HeadquartersNew York, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
FACT II Acquisition Corp. firmographics
Firmographics- Name
- FACT II Acquisition Corp.
- Legal name
- FACT II Acquisition Corp.
- Website
- https://freedomac2.com
- Company type
- Public
- Founded year
- 2024
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
FACT II Acquisition Corp. industry classification
Industry- Product category
- Special Purpose Acquisition Company (SPAC)
- NAICS
- Investment Banking and Securities Intermediation (523150)
- SIC
- Security Brokers, Dealers & Flotation Companies (6211)
- akta.pro primary industry
- Capital Markets Advisory (IPO Readiness, SPAC, ECM/DCM Advisory) (BPAHAOAL)
- akta.pro secondary industry
- Buy-Side Search & Acquisition Advisory (FSAEAIAD)
Keywords
Where FACT II Acquisition Corp. is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
FACT II Acquisition Corp. business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Personnel, Marketing or Sales, Others
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | One time/ perpetual license | IPO Units at $10 per unit |
Distribution channels2 records
Marketing channels4 records
FACT II Acquisition Corp. product offering
Product offeringCore offering
FACT II Acquisition Corp. is a Special Purpose Acquisition Company (SPAC) that raised $175 million through a November 2024 IPO of 17.5 million units at $10.00 per unit on Nasdaq Global Market. The company exists solely to identify, acquire, and combine with a target operating business, providing that target with a public listing and growth capital from its trust account. As of December 2025, it has entered a definitive business combination agreement with Precision Aerospace & Defense Group, Inc. (PAD).
Product overview
FACT II Acquisition Corp. is a Special Purpose Acquisition Company (SPAC) that does not offer products or services in the traditional sense. The company was formed to raise capital through an IPO and subsequently identify and acquire a target business. As of December 2025, the company entered into a definitive business combination agreement with Precision Aerospace & Defense Group, Inc. (PAD) to become a publicly listed aerospace, defense, and space solutions provider. The transaction is pending shareholder and regulatory approvals.
Differentiator
Problem solved
Functional benefit
Products and services
- SPAC IPO Units (FACTU) Investment units sold in the IPO of the special purpose acquisition company, listed on Nasdaq Global Market under ticker FACTU; each unit comprises one Class A ordinary share and one-half of one redeemable warrant exercisable at $11.50 per share. Intended for institutional and retail public-market investors.
- Business combination services with Precision Aerospace & Defense Group, Inc. (PAD) Definitive business combination agreement providing the target operating company (PAD) with a public listing, growth capital, and sponsor expertise in exchange for a business combination at an implied enterprise value of up to $320 million. Intended for the single target operating company being acquired.
Companies that use FACT II Acquisition Corp.
Customer profileSegments1 record
Ideal customer profiles1 record
FACT II Acquisition Corp. technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
FACT II Acquisition Corp. partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Precision Aerospace & Defense Group, Inc. (PAD)coreFACT II Acquisition Corp. entered into a definitive business combination agreement with Precision Aerospace & Defense Group, Inc. The transaction implies an enterprise value of up to $320 million for PAD. FACT contributes approximately $175 million from its trust account, and PAD has secured up to $80 million in additional financing from BC Partners. Upon closing, PAD will become publicly listed.
Scale indicators4 records
Recent moves7 records
Expansion highlights4 records
FACT II Acquisition Corp. competitors and assessment
Company assessmentDirect peers
- Khosla Ventures Acquisition Co. Tech-focused SPAC sponsored by Khosla Ventures with comparable IPO scale. Comparable for SPAC platform structure targeting growth-stage companies for business combination.
- dMY Technology Group: Tech-focused SPAC sponsor that completed the IonQ business combination (NYSE: IONQ). Comparable SPAC platform structure, IPO size, and technology-sector business combination strategy.
- BlackSky Holdings: Real-time geospatial intelligence company that went public via 2021 SPAC merger with Osprey Technology Acquisition Corp. (NYSE: BKSY). Comparable SPAC combination in the aerospace/defense and space data sector.
- Virgin Galactic Holdings: Public aerospace company formed via 2019 SPAC merger with Social Capital Hedosophia (NYSE: SPCE). Highly comparable SPAC-to-listed aerospace pathway with similar deal economics and post-merger trading dynamics.
- Momentus Inc. Space transportation and infrastructure company that went public via 2021 SPAC merger with Stable Road Acquisition Corp. (Nasdaq: MNTS). Comparable small-cap aerospace SPAC combination in the space services sector.
- Redwire Corporation: Aerospace and space technology company that went public in 2021 via SPAC merger with Genesis Park Acquisition Corp. (NYSE: RDW). Direct comparable for SPAC-sponsored aerospace/defense business combination outcomes and post-listing valuation dynamics.
- Rocket Lab USA: Aerospace launch and space systems company that went public via 2021 SPAC merger with Vector Acquisition Corporation (Nasdaq: RKLB). Comparable aerospace SPAC combination at similar enterprise value scale.
- Reinvent Technology Partners: Tech-focused SPAC that completed the Applied Intuition business combination. Comparable SPAC structure and growth-stage technology business combination strategy at similar scale.
- Complete Solaria (Freedom Acquisition I Corp.): Predecessor SPAC founded and led by Adam Gishen and substantially the same sponsor team as FACT II, completing its 2023 business combination with Complete Solaria (Nasdaq: CSLR). Most directly comparable SPAC for team composition and execution approach.
Others
- Cohen & Company Capital Markets: Lead book-running manager for FACT II's $175M IPO and a specialist underwriter of SPAC IPOs. Functions as direct capital markets infrastructure partner rather than a competitor, with deep SPAC issuance franchise.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks7 records
Key highlights6 records
Customer concentration
FACT II Acquisition Corp. social profiles
Digital presenceFACT II Acquisition Corp. financial estimates
Financial estimateRevenue estimate
Valuation estimate
FACT II Acquisition Corp. leadership team
Management profileNumber of profiles
Profiles8 records
FACT II Acquisition Corp. funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
FACT II Acquisition Corp. M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about FACT II Acquisition Corp.
What does FACT II Acquisition Corp. do?
FACT II Acquisition Corp. is a Special Purpose Acquisition Company (SPAC) that raised $175 million through a November 2024 IPO of 17.5 million units at $10.00 per unit on Nasdaq Global Market. The company exists solely to identify, acquire, and combine with a target operating business, providing that target with a public listing and growth capital from its trust account. As of December 2025, it has entered a definitive business combination agreement with Precision Aerospace & Defense Group, Inc. (PAD).
Is FACT II Acquisition Corp. a public or private company?
FACT II Acquisition Corp. is a public company. It is classified as public and is currently operating.
When was FACT II Acquisition Corp. founded?
FACT II Acquisition Corp. was founded in 2024. It employs 1 to 10 people.
Where is FACT II Acquisition Corp. based?
FACT II Acquisition Corp. is headquartered in New York, United States, in the North America region.
Who are FACT II Acquisition Corp.'s main competitors?
Direct peers on record are Khosla Ventures Acquisition Co., dMY Technology Group, BlackSky Holdings, Virgin Galactic Holdings, Momentus Inc., Redwire Corporation, Rocket Lab USA, Reinvent Technology Partners and Complete Solaria (Freedom Acquisition I Corp.). Cohen & Company Capital Markets is listed as an others.
Does FACT II Acquisition Corp. have an API?
No public API is recorded for FACT II Acquisition Corp..
What industry is FACT II Acquisition Corp. in?
FACT II Acquisition Corp.'s product category is Special Purpose Acquisition Company (SPAC). Its primary akta.pro industry code is BPAHAOAL, Capital Markets Advisory (IPO Readiness, SPAC, ECM/DCM Advisory), with a secondary code of FSAEAIAD, Buy-Side Search & Acquisition Advisory. Its NAICS code is 523150 and its SIC code is 6211.