secwatch.observer — SEC 8-K summary
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Issuer:     FACT II Acquisition Corp. (FACT)
CIK:        0002028935
Form:       8-K
Filed at:   2024-11-27T23:59:59+00:00
Accession:  0001213900-24-103580
Event type: other_material
Sentiment:  neutral
Materiality: 0.80
Item codes: 1.01, 3.02, 5.02, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FACT II Acquisition Corp. consummates $175M IPO; $175.9M in trust account
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- IPO of 17,500,000 units at $10.00/unit, gross proceeds $175M (before underwriting discounts and expenses).
- Total of $175,875,000 from IPO and private placement placed in trust account with Odyssey Transfer and Trust Company.
- Private placement of 500,625 Private Placement Units and 162,500 Private Placement Securities raised $6,631,250.
- Company has 18 months (or 24 months if definitive agreement signed within 18 months) to complete initial business combination.
- Appointed Nell Cady-Kruse, James Rallo, and Hella Alashkar as new directors; board now has five members.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2028935/000121390024103580/0001213900-24-103580-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2028935/000121390024103580/ea0222733-8k_fact2acq.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-103580

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