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.