Fact II Acquisition Corp. to Merge with Precision Aerospace & Defense Group in $320 Million Deal

Reuters
12/02
Fact II Acquisition Corp. to Merge with Precision Aerospace & Defense Group in $320 Million Deal

Precision Aerospace & Defense Group, Inc. (PAD) is set to merge with FACT II Acquisition Corp., forming a new Nasdaq-listed company focused on providing holistic solutions for the aerospace, defense, and space sectors. The combined entity will be valued at up to $320 million in implied enterprise value, pending certain acquisitions. PAD has also entered into a non-binding indicative term sheet with BC Partners for a potential credit facility and equity financing totaling up to $80 million. The merged company will remain headquartered in Overland Park, Kansas, with PAD's leadership team continuing in their roles. The transaction is expected to close in the first half of 2026, after which the combined company will be renamed Precision Aerospace & Defense Group, Inc., with its stock and warrants anticipated to trade under the ticker symbols "PAD" and "PADWW" on the Nasdaq Stock Market.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fact II Acquisition Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9594798-en) on December 01, 2025, and is solely responsible for the information contained therein.

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