secwatch.observer — SEC 8-K summary
======================================

Issuer:     FACT II Acquisition Corp. (FACT)
CIK:        0002028935
Form:       8-K
Filed at:   2025-12-03T23:59:59+00:00
Accession:  0001213900-25-117572
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.85
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FACT II Acquisition Corp to combine with Precision Aerospace & Defense in SPAC merger with $75M minimum cash
--------------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2028935/000121390025117572/0001213900-25-117572-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2028935/000121390025117572/ea0266887-8k425_fact2acq.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-117572

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer