secwatch.observer — SEC 8-K summary
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Issuer:     FACT II Acquisition Corp. (FACT)
CIK:        0002028935
Form:       8-K
Filed at:   2025-12-01T23:59:59+00:00
Accession:  0001213900-25-116729
Event type: m_and_a
Sentiment:  positive
Materiality: 0.85
Item codes: 8.01, 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2028935/000121390025116729/0001213900-25-116729-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2028935/000121390025116729/ea0267815-8k425_fact2acq.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-116729

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