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FACT does not currently pay a dividend.
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Freedom Acquisition I Corp. currently conducts no material business activities. Its sole purpose is to identify and execute a business combination, potentially through a merger, asset acquisition, share purchase, stock exchange, or corporate reorganization, involving one or more other enterprises. The company was established in 2020 and is headquartered in New York, New York.
New York, NY, July 21, 2026 (GLOBE NEWSWIRE) -- FACT II Acquisition Corp. (“FACT II”), a special purpose acquisition company, announced today that the previously announced Business Combination Agreement with Precision Aerospace & Defense Group, Inc. (“PAD”) has been terminated. Adam Gishen, Chief Executive Officer of FACT II, noted: “Throughout this process, we worked diligently to assemble the capital required to complete the transaction and were pleased to have received multiple financing proposals on favorable market terms that would have in aggregate exceeded the minimum cash condition of $75 million as set forth in the Business Combination Agreement.
Proposed Strategic Acquisition Represents a Major Industry Expansion as Company Advances Toward Public Listing Overland Park, KS, June 09, 2026 (GLOBE NEWSWIRE) -- Precision Aerospace & Defense Group, Inc. (“PAD” or the “Company”), a high-growth aerospace and defense engineering and manufacturing company, today announced its entry into a non-binding Letter of Intent to acquire a leading provider of telecommunications equipment, surveillance systems, and structural steel fabrication defense applications (“Target”). The announcement follows the Company's previously disclosed proposed business combination with FACT II Acquisition Corp. (“FACT”) (NASDAQ: FACT), a special purpose acquisition company.
Proposed Strategic Acquisition Represents a Major Industry Expansion as Company Advances Toward Public Listing Overland Park, KS, June 05, 2026 (GLOBE NEWSWIRE) -- Precision Aerospace & Defense Group, Inc. (“PAD” or the “Company”), a high-growth aerospace and defense engineering and manufacturing company, today announced its entry into a non-binding Letter of Intent to acquire a leading provider of telecommunications equipment, surveillance systems, and structural steel fabrication defense applications (“Target”). The announcement follows the Company's previously disclosed proposed business combination with FACT II Acquisition Corp. (“FACT”) (NASDAQ: FACT), a special purpose acquisition company.
Overland Park, KS and New York, NY, May 19, 2026 (GLOBE NEWSWIRE) -- Precision Aerospace & Defense Group, Inc. (“PAD”), a high-growth aerospace & defense engineering and manufacturing company, and FACT II Acquisition Corp. (“FACT”) (NASDAQ: FACT), a special purpose acquisition company, today announced that they have publicly filed an amended registration statement on Form S‑4 with the U.S. Securities and Exchange Commission (the “SEC”) in connection with their proposed business combination (the “Business Combination”).
OVERLAND PARK, Kan. & NEW YORK--(BUSINESS WIRE)--Precision Aerospace & Defense Group, Inc. (“PAD”), a high-growth aerospace & defense engineering and manufacturing company, and FACT II Acquisition Corp. (“FACT”) (NASDAQ: FACT), a special purpose acquisition company, today announced that they have publicly filed an amended registration statement on Form S-4 with the U.S. Securities and Exchange Commission (the “SEC”) in connection with their proposed business combination (the “Business C.