Fact II Acquisition reported FY 2025 net income of USD 5.02 million, compared with a net loss of USD 0.07 million a year earlier. Interest income on cash held in the trust account rose 895% to USD 7.19 million, while general and administrative expenses increased 106% to USD 2.23 million. Cash used in operating activities was USD 0.9 million in FY 2025. As of Dec. 31, 2025, cash held in the trust account totaled USD 183.79 million and cash in the operating bank account was USD 544,791. Management said it has not generated revenue to date and expects to do so only after completing an initial business combination, with a mandatory liquidation date of May 27, 2026 if no deal is completed.

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