FACT II Acquisition Corp. terminates business combination with Precision Aerospace & Defense Group

FACT II Acquisition Corp.

Business Combination Agreement with Precision Aerospace & Defense Group terminated on July 16, 2026.
Termination due to unforeseen circumstances affecting a key subsidiary acquisition that materially altered the transaction.
FACT II had received multiple financing proposals exceeding the $75M minimum cash condition but deal could not proceed.
FACT II will continue to evaluate alternative business combination opportunities in accordance with its governing documents.
Related Sponsor Support Agreement and PAD Support Agreements also terminated as a result.

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