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FACT II Acquisition Corp.

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uuid003dppx

Namestring
FACT II Acquisition Corp.
Legal namestring
FACT II Acquisition Corp.
Websiteurl
freedomac2.com
Company typeenum
Public
Founded yearint
2024
Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1–10
akta.pro rankint
HeadquartersNew York, United States
HQ citystring
New York
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
special purpose acquisition, blank check company, business combination services, SPAC IPO underwriting, public listing vehicle
Industry2 codes
1Capital Markets Advisory (IPO Readiness, SPAC, ECM/DCM Advisory)
CodeBPAHAOALPrimaryYes
2Buy-Side Search & Acquisition Advisory
CodeFSAEAIADPrimaryNo
NAICS code1 code
  • Investment Banking and Securities Intermediation523150
SIC code1 code
  • Security Brokers, Dealers & Flotation Companies6211
Product category
Special Purpose Acquisition Company (SPAC)
Social media profiles1 record
Marketing channels4 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels2 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components4 values
Operations, Personnel, Marketing or Sales, Others
Pricing details1 tier
1IPO Units at $10 per unit
ModelOne time/ perpetual licenseBilling cadenceOne time/ perpetual license
Notes

17,500,000 units at $10.00 per unit = $175 million total. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant. Warrants exercisable at $11.50 per share.

freedomac2.com
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

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).

Differentiator
Functional benefit
Problem solved
Product overview1 text field

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.

Product and service2 records
1SPAC IPO Units (FACTU)
CategorySPAC securities / public equity offering
Description

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.

2Business combination services with Precision Aerospace & Defense Group, Inc. (PAD)
CategorySPAC business combination / de-SPAC transaction
Description

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.

Scale indicator4 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
1Precision Aerospace & Defense Group, Inc. (PAD)
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2025-12-01
Description

FACT 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.

Recent move7 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Peers10 records
1Khosla Ventures Acquisition Co.
TypeDirect peer
Description

Tech-focused SPAC sponsored by Khosla Ventures with comparable IPO scale. Comparable for SPAC platform structure targeting growth-stage companies for business combination.

2dMY Technology Group
TypeDirect peer
Description

Tech-focused SPAC sponsor that completed the IonQ business combination (NYSE: IONQ). Comparable SPAC platform structure, IPO size, and technology-sector business combination strategy.

3BlackSky Holdings
TypeDirect peer
Description

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.

4Virgin Galactic Holdings
TypeDirect peer
Description

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.

5Momentus Inc.
TypeDirect peer
Description

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.

6Redwire Corporation
TypeDirect peer
Description

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.

7Cohen & Company Capital Markets
TypeOthers
Description

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.

8Rocket Lab USA
TypeDirect peer
Description

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.

9Reinvent Technology Partners
TypeDirect peer
Description

Tech-focused SPAC that completed the Applied Intuition business combination. Comparable SPAC structure and growth-stage technology business combination strategy at similar scale.

10Complete Solaria (Freedom Acquisition I Corp.)
TypeDirect peer
Description

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.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks7 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment1 record

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles8 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

FACT II Acquisition Corp.

Special Purpose Acquisition Company (SPAC)freedomac2.com

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

  • Special purpose acquisition
  • Blank check company
  • Business combination services
  • SPAC IPO underwriting
  • Public listing vehicle

Where FACT II Acquisition Corp. is headquartered

Location

Headquarters

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

ModelBillingPrice
One time/ perpetual licenseOne time/ perpetual licenseIPO Units at $10 per unit

Distribution channels2 records

Marketing channels4 records

FACT II Acquisition Corp. product offering

Product offering

Core 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 profile

Segments1 record

Ideal customer profiles1 record

FACT II Acquisition Corp. technology and API

Technology

Technology 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 signal

Partnerships

One partnership is on record.

  • Precision Aerospace & Defense Group, Inc. (PAD)coreStrategic or Co-development Partner · 1 December 2025FACT 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 assessment

Direct 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 presence

FACT II Acquisition Corp. financial estimates

Financial estimate

Revenue estimate

Valuation estimate

FACT II Acquisition Corp. leadership team

Management profile

Number of profiles

Profiles8 records

FACT II Acquisition Corp. funding detail

Funding detail

Funding 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 investment

M&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.

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Live signals
AInvestFact II Acquisition Corp: will continue to evaluate alternative business combination opportunitiesFact II Acquisition Corp announced it will continue to evaluate alternative business combination opportunities. The article provides no further details regarding specific targets, financial terms, or timelines for these evaluations. This statement serves as a routine corporate update regarding the SPAC's ongoing search for a merger target.Stock TitanFACT II Terminates Proposed Precision Aerospace CombinationFACT II Acquisition Corp. announced the termination of its previously announced business combination agreement with Precision Aerospace & Defense Group, Inc. The termination resulted from unforeseen circumstances affecting a key subsidiary acquisition that materially altered the agreed transaction, despite FACT II having received multiple financing proposals on favorable terms that would have exceeded the $75 million minimum cash condition. FACT II will continue to evaluate alternative business combination opportunities in accordance with its governing documents.GlobeNewswireFACT II Acquisition Corp. Announces Termination ofFACT II Acquisition Corp. announced the termination of its previously announced Business Combination Agreement with Precision Aerospace & Defense Group, Inc. (PAD), citing unforeseen circumstances affecting a key subsidiary acquisition that materially altered the transaction. Despite having received multiple financing proposals exceeding the $75 million minimum cash condition specified in the agreement, the parties were left with no alternative but to discontinue the proposed business combination. FACT II has stated it will continue evaluating alternative business combination opportunities in accordance with its governing documents.Stock TitanPrecision Aerospace LOI for telecom, security firmPrecision Aerospace & Defense Group has entered into a non-binding Letter of Intent to acquire a provider of telecommunications equipment, surveillance systems, and structural steel fabrication for defense applications. The target company is projected to contribute $12.0 million in revenue and $3.8 million in EBITDA for calendar year 2026, representing PAD's first of two planned 2026 strategic acquisitions. This acquisition is part of PAD's growth strategy combining organic growth with a buy-and-build approach as the company advances toward a public listing through its proposed business combination with FACT II Acquisition Corp.Stock TitanPrecision Aerospace LOI for firm with $12M 2026 revenuePrecision Aerospace & Defense Group, Inc. announced a non-binding Letter of Intent to acquire a leading provider of telecommunications equipment, surveillance systems, and structural steel fabrication for defense applications, expected to add approximately $12.0 million in projected revenue and $3.8 million in projected EBITDA for calendar year 2026. The announcement follows PAD's previously disclosed proposed business combination with FACT II Acquisition Corp., a special purpose acquisition company, and represents the first of two planned strategic acquisitions for 2026 intended to expand PAD's service offerings and addressable markets.The Manila TimesPrecision Aerospace & Defense Group, Inc. and FACT II Acquisition Corp. File Amended Registration Statement on Form S-4 in Connection with Proposed Business CombinationPrecision Aerospace & Defense Group, Inc. (PAD) and FACT II Acquisition Corp. (FACT) filed an amended registration statement with the SEC for their proposed business combination. The filing includes updated financial information and details about the transaction, which is subject to shareholder and regulatory approvals.Stock TitanPAD, FACT file amended S-4 for business combinationPrecision Aerospace & Defense Group, Inc. and FACT II Acquisition Corp. have publicly filed an amended registration statement on Form S-4 with the SEC in connection with their proposed business combination, with the transaction originally announced on December 1, 2025. The amended filing includes updated financial information and additional material details, while PAD reports operational momentum including increased backlog and new customer additions across its aerospace and defense platform. The proposed transaction remains subject to FACT shareholder approvals, applicable regulatory and listing approvals, and other customary closing conditions.GlobeNewswirePrecision Aerospace & Defense Group, Inc. and FACT II Acquisition Corp. File Amended Registration Statement on Form S-4 in Connection with Proposed Business CombinationPrecision Aerospace & Defense Group, Inc. (PAD) and FACT II Acquisition Corp. (FACT) publicly filed an amended registration statement on Form S-4 with the SEC on May 19, 2026, in connection with their proposed business combination originally announced December 1, 2025. PAD reported operational momentum with increased backlog and additional customers, with notable growth tied to GE Aerospace, Boeing, and ProEnergy programs, while also highlighting expanded non-destructive testing collaborations with space companies. Upon closing, the combined company will be named Precision Aerospace & Defense Group, Inc. and its securities are anticipated to trade on the New York Stock Exchange, subject to FACT shareholder approvals, regulatory and listing approvals, and other customary closing conditions.YahooPrecision Aerospace & Defense Group, Inc. and FACT II Acquisition Corp. File Amended Registration Statement on Form S-4 in Connection with Proposed Business CombinationPrecision Aerospace & Defense Group, Inc. and FACT II Acquisition Corp. filed an amended registration statement on Form S-4 with the SEC on May 19, 2026, updating financial information for their proposed business combination originally announced December 1, 2025. PAD reported operational momentum including increased backlog, new customer additions, and growth tied to programs with GE Aerospace, Boeing, and ProEnergy. Upon closing, the combined company will be renamed Precision Aerospace & Defense Group, Inc. and trade on the New York Stock Exchange, subject to FACT shareholder approval, regulatory clearances, and other customary closing conditions.Stock TitanFACT, Precision Aerospace amend S-4 for mergerPrecision Aerospace & Defense Group, Inc. and FACT II Acquisition Corp. have publicly filed an amended registration statement on Form S-4 with the U.S. Securities and Exchange Commission for their proposed business combination, updating previously filed disclosures. Upon closing, the combined company will trade on the New York Stock Exchange under the ticker symbol "PAD." The transaction remains subject to FACT shareholder approval, regulatory and listing approvals, and other customary closing conditions.