---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-116729"
form_type: "8-K"
ticker: "FACT"
cik: "0002028935"
company_name: "FACT II Acquisition Corp."
filed_at: "2025-12-01T23:59:59+00:00"
generated_at: "2026-05-16T15:57:03.895141+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# FACT II Acquisition Corp. to merge with Precision Aerospace & Defense at up to $320M EV

## Summary
- Business combination implies up to $320M enterprise value for PAD at $10.00/share reference price.
- PAD has non-binding term sheet with BC Partners for up to $80M credit facility and equity financing.
- Combined company to be led by PAD CEO Brent Borden; PAD shareholders to own ~59% post-deal.
- Transaction expected to close in first half 2026; combined co to list on Nasdaq as 'PAD'.
- FACT's trust account holds ~$175M gross proceeds subject to redemptions; funds to support growth.

## SEC filing metadata
- accession: 0001213900-25-116729
- form_type: 8-K
- ticker: FACT
- cik: 0002028935
- company_name: FACT II Acquisition Corp.
- filed_at: 2025-12-01T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 8.01, 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2028935/000121390025116729/0001213900-25-116729-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2028935/000121390025116729/ea0267815-8k425_fact2acq.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-116729
- JSON: https://secwatch.observer/filing/0001213900-25-116729.json
- Plain text: https://secwatch.observer/filing/0001213900-25-116729.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.