Every material Form 8-K FACT II Acquisition Corp. has filed with the SEC since December 03, 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
FACT II Acquisition Corp., a Cayman Islands blank-check company, is asking shareholders to approve extending its deadline to complete an initial business combination from November 27, 2026 to November 25, 2027, at an extraordinary general meeting set for November 17, 2026. The company also disclosed that it and its sponsor intend to seek non-redemption agreements, under which investors would agree not to redeem shares in exchange for future share transfers, which could increase the cash left in the trust account; the company states no assurance that such incentives will be offered.
Shareholder meeting scheduled for November 17, 2026, at 10:00 a.m. Eastern Time; the deadline to submit shares for redemption is 5:00 p.m. Eastern Time on November 13, 2026.
Estimated redemption price was approximately $10.81 per share as of November 6, 2026, based on about $189,186,398.23 in the trust account.
Sponsor HoldCo anticipates transferring Class B ordinary shares to non-redeeming investors, with terms set in the Non-Redemption Agreements (Exhibit 10.1).
FACT II Acquisition Corp. moved its extraordinary general meeting from November 10 to November 17, 2026, to allow more time to engage with shareholders. The redemption request deadline was extended from November 6 to November 13, 2026, giving shareholders more time to decide whether to redeem their shares ahead of the vote on extending the deadline for a business combination to November 25, 2027.
Shareholder meeting moved from November 10, 2026 to November 17, 2026, at 10:00 a.m. Eastern Time
Redemption request deadline extended from 5:00 p.m. Eastern Time on November 6, 2026 to November 13, 2026
Extension Amendment Proposal would move the business combination deadline to November 25, 2027
In-person attendance reservations due by 10:00 a.m. Eastern Time on November 13, 2026
FACT II Acquisition Corp. terminated its Business Combination Agreement with Precision Aerospace & Defense Group (PAD) on July 16, 2026, and announced it on July 21. CEO Adam Gishen said unforeseen circumstances affecting a key PAD subsidiary acquisition materially altered the transaction, so the parties discontinued it, even though FACT II had received multiple financing proposals that would have exceeded the $75 million minimum cash condition. The company says it will keep evaluating other business combination opportunities.
Business Combination Agreement dated November 26, 2025, amended May 17, 2026, was terminated on July 16, 2026
Minimum cash condition in the agreement was $75 million; financing proposals received would have exceeded it in aggregate
Sponsor Support Agreement and PAD Support Agreements (January 6 and January 19, 2026) terminated as a result
FACT II will continue to evaluate alternative business combinations
FACT II Acquisition Corp., a special purpose acquisition company, signed a Business Combination Agreement on November 26, 2025, with Precision Aerospace & Defense Group, Inc. (PAD). The deal would move FACT to Delaware and merge a PAD subsidiary into PAD, leaving PAD as a wholly owned subsidiary of FACT, subject to shareholder and regulatory approvals. Shareholders will vote on the deal after a Form S-4 registration statement is prepared and declared effective.
Agreement dated November 26, 2025; FACT will domesticate as a Delaware corporation before closing.
PAD common stock converts into FACT common stock based on 12,388,291 divided by the number of PAD shares outstanding at closing.
PAD Series A through D preferred holders receive $5.00 cash per share plus additional FACT common stock under stated formulas.
Closing requires FACT shareholder approval, PAD stockholder approval, an effective S-4, and expiry of Hart-Scott-Rodino waiting periods, among other conditions.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every FACT II Acquisition Corp. filing is on SEC EDGAR ↗. 8-K briefs of other companies →