FACT II Acquisition Corp.

FACT II Acquisition Corp. has terminated its previously announced business combination with Precision Aerospace & Defense Group, Inc. Chief Executive Officer Adam Gishen stated that while the company had secured multiple financing proposals exceeding the $75 million minimum cash condition, unforeseen circumstances affecting a key subsidiary acquisition materially altered the transaction, leaving no alternative but to discontinue the deal. FACT II, a special purpose acquisition company that raised $175 million in its November 2024 initial public offering, will continue to evaluate alternative business combination opportunities. The company will file a Current Report on Form 8-K with the Securities and Exchange Commission providing additional details on the termination.