Latest revenue
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Price · 5Y
Live market
delayed ≤15 min- Market cap
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- Enterprise value
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- P/E (trailing)
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- Forward P/E
- —
- P/B
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- Dividend yield
- 0.0%
- 52-wk high
- $10.75
- 52-wk low
- $10.17
- Beta
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- Shares out
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5-year trend
What this company does
FACT II Acquisition Corp. is a Cayman Islands blank check company formed solely to merge with or acquire an operating business. It generates no revenue and instead holds IPO proceeds in trust while its sponsor team, led by veterans of Freedom Acquisition I, hunts for a target. The company signed a November 2025 agreement to merge with Precision Aerospace & Defense Group, redomicile in Delaware, and take the defense manufacturer public.
Generated from FACT's filing dated 2026-03-13
Key risks
- Deal execution: November 2025 Business Combination Agreement with Precision Aerospace & Defense (PAD) requires shareholder approval, domestication, and may face redemptions.
- Blank-check structure: no revenues to date; investors depend entirely on consummating the PAD merger or face liquidation and trust redemption.
- Sponsor conflicts: founders' promote and warrants incentivize completing any deal, even if PAD fails stated criteria like uncorrelated, cash-flow-positive targets.
Generated from FACT's filing dated 2026-03-13
Profitability
Return on equity
-84.3%
Return on assets
3.9%
Leverage
Debt / equity
-22.64×
22.1%Debt / assets
104.6%
1.0%Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q1 2026 2026-03-31 | — | — | $1.0M | -28.6% | — |
Q4 2025 2025-12-31 | — | — | $2.8M | — | — |
Q3 2025 2025-09-30 | — | — | $1.3M | +1314.6% | — |
Q2 2025 2025-06-30 | — | — | $1.6M | — | — |
Q1 2025 2025-03-31 | — | — | $1.4M | — | — |
Q3 2024 2024-09-30 | — | — | $-104.3K | — | — |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
Aircraft Parts & Auxiliary Equipment, NEC · SIC 3728
Your notes
Keep private notes on FACT — thesis, target price, catalysts to watch.
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Insider activity
No insider transactions on file for FACT in the last 12 months.
Source: SEC Form 4 filings. Backfill runs nightly.
Who owns FACT
Institutional value
$53.2M
Total shares held
5.1M
Distinct holders
13
-28 vs prior
As of
2026-03-31
Prior: 2025-12-31
Filers with $100M+ AUM disclose holdings 45 days after quarter end.
Top institutional holders
| # | Manager | Shares | Value | QoQ change | Action |
|---|---|---|---|---|---|
| 1 | PICTON MAHONEY ASSET MANAGEMENT | 1.3M | $13.1M | +0 (+0.0%) | No change |
| 2 | Magnetar Financial LLC | 1.1M | $11.2M | +0 (+0.0%) | No change |
| 3 | Wealthspring Capital LLC | 726.3K | $7.6M | -8.4K (-1.1%) | Trimmed |
| 4 | WOLVERINE ASSET MANAGEMENT LLC | 653.6K | $6.9M | -144.8K (-18.1%) | Trimmed |
| 5 | Hudson Bay Capital Management LP | 479.6K | $5.0M | -320.4K (-40.0%) | Trimmed |
| 6 | Alberta Investment Management Corp | 250.0K | $2.6M | -250.0K (-50.0%) | Trimmed |
| 7 | MIZUHO SECURITIES USA LLC | 250.9K | $2.6M | -249.1K (-49.8%) | Trimmed |
| 8 | Context Capital Management, LLC | 200.0K | $2.1M | -100.0K (-33.3%) | Trimmed |
| 9 | GRITSTONE ASSET MANAGEMENT LLC | 100.0K | $1.1M | +0 (+0.0%) | No change |
| 10 | UBS Group AG | 83.6K | $877.9K | +27.9K (+50.2%) | Added |
| 11 | ROBINSON CAPITAL MANAGEMENT, LLC | 15.3K | $161.2K | +0 (+0.0%) | No change |
| 12 | LONGFELLOW INVESTMENT MANAGEMENT CO LLC | 476 | $5.0K | — | New |
| 13 | Kepos Capital LP | 43.5K | $457 | +0 (+0.0%) | No change |
Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.
Top questions investors are asking
- 1
With no target announced and a finite deadline, what is the probability you return trust capital versus extending—and what redemption rate are sponsors modeling?
- 2
Freedom Acquisition I's combination with Complete Solaria/SunPower has materially underperformed; why should investors trust this team's diligence on a second SPAC?
- 3
How much of the trust remains after potential redemptions, and what PIPE or forward-purchase commitments have you actually secured for a deal?
Refreshed when FACT files a new report · last from 2026-03-13