{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-25-117572","form_type":"8-K","ticker":"FACT","cik":"0002028935","company_name":"FACT II Acquisition Corp.","filed_at":"2025-12-03T23:59:59+00:00","discovered_at":"2026-05-14T18:02:41.383766+00:00","generated_at":"2026-05-16T15:30:56.511556+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"FACT II Acquisition Corp to combine with Precision Aerospace & Defense in SPAC merger with $75M minimum cash","bullets":["Business combination agreement signed Nov 26, 2025; FACT to domesticate in Delaware then merge with PAD.","PAD common stockholders receive FACT common based on 12,388,291 fixed shares; preferred get $5 cash plus additional shares.","Closing requires FACT to have at least $75M in trust after redemptions and regulatory approvals (HSR, DDTC).","Sponsor support & lock-up agreements: Sponsor HoldCo votes in favor; lock-ups of 180/90 days post-closing.","FACT to file S-4 proxy/prospectus within 40 days; closing targeted by March 31, 2026."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-25-117572","json":"https://secwatch.observer/filing/0001213900-25-117572.json","markdown":"https://secwatch.observer/filing/0001213900-25-117572.md","text":"https://secwatch.observer/filing/0001213900-25-117572.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2028935/000121390025117572/0001213900-25-117572-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2028935/000121390025117572/ea0266887-8k425_fact2acq.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T15:30:56.511556+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"f91022afa558923c25abe48b4c136e289e057673","claim":"FACT II Acquisition Corp. entered into Business Combination Agreement with Precision Aerospace & Defense Group, Inc. (effective 2025-11-26).","evidence_excerpt":"On November 26, 2025, FACT II Acquisition Corp., a Cayman Islands exempted company (“ FACT ”), entered into a Business Combination Agreement (the “ Business Combination Agreement ”) by and among FACT, FACT II Acquisition LLC, a Cayman Islands limited liability company (“ Sponsor HoldCo ”), Patriot Merger Subsidiary, Inc., a Florida corporation and a direct, wholly-owned subsidiary of FACT (“ Merger Sub ”) and Precision Aerospace & Defense Group, Inc. (“ PAD ”), a Florida corporation.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/2028935/000121390025117572/0001213900-25-117572-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"merger"},{"label":"Counterparty","value":"Precision Aerospace & Defense Group, Inc."},{"label":"Effective","value":"2025-11-26"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}