FACT II Acquisition Corp.
Business
FACT II Acquisition Corp. is a blank check company formed to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar initial business combination with one or more businesses. It offers capital, transaction execution and active management expertise to identify, acquire and operate target companies. The company operates through its SPAC structure and management-led transaction pipeline, applying disciplined M&A criteria and operational support to post-transaction businesses. It pursues targets globally, leveraging management’s network across mature (U.S., Europe) and emerging (Asia, Latin America, Africa) markets and relationships with financial sponsors and intermediaries.
Summary from filing dated 2025-03-27
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 |
|---|---|---|
| General and administrative expenses | 2 | |
| Loss from operations | −2 | |
| Change in fair value of over-allotment liability | 26,558 | |
| Interest earned on bank account | 27,824 | |
| Interest earned on cash held in Trust Account | 7 | |
| Total other income | 7 | |
| NET INCOME (LOSS) | 5 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2024 2024-06-30 | FY 2024 2024-05-31 |
|---|---|---|---|---|---|
| Cash | 544,791 | 1 | — | — | |
| Prepaid expenses | 92,600 | 95,833 | — | — | |
| Total current assets | 637,391 | 2 | — | — | |
| Prepaid insurance | — | 77,208 | — | — | |
| Cash held in Trust Account | 184 | 177 | — | — | |
| TOTAL ASSETS | 184 | 178 | — | — | |
| Accrued expenses | 23,507 | 97,837 | — | — | |
| Over-allotment option liability | — | 26,558 | — | — | |
| Total current liabilities | 23,507 | 124,395 | — | — | |
| Deferred legal fees | 2 | 850,000 | — | — | |
| Deferred underwriting fee payable | 7 | 7 | — | — | |
| TOTAL LIABILITIES | 9 | 8 | — | — | |
| COMMITMENTS AND CONTINGENCIES (Note 6) | — | — | — | — | |
| Class A ordinary shares subject to possible redemption, 17,500,000 shares at redemption value of approximately $10.50 and $10.09 per share at December 31, 2025 and 2024, respectively | 184 | 177 | — | — | |
| Preference shares, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding at December 31, 2025 and 2024 | — | — | — | — | |
| Additional paid-in capital | — | — | — | — | |
| Accumulated deficit | −9 | −6 | — | — | |
| TOTAL SHAREHOLDERS DEFICIT | −9 | −6 | — | — | |
| TOTAL LIABILITIES, ORDINARY SHARES SUBJECT TO POSSIBLE REDEMPTION AND SHAREHOLDERS DEFICIT | 184 | 178 | — | — |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 |
|---|---|---|
| Prepaid expenses | 3,233 | |
| Prepaid insurance | 77,208 | |
| Accrued expenses | −74,330 | |
| Deferred legal fees | 1 | |
| Net cash used in operating activities | −903,130 | |
| Investment of cash into Trust Account | — | |
| Net cash used in investing activities | — | |
| Proceeds from issuance of Class B ordinary shares to Sponsor | — | |
| Proceeds from sale of Units, net of underwriting discounts paid | — | |
| Proceeds from sale of Private Placement Warrants | — | |
| Proceeds from advances from Sponsor | — | |
| Repayment of advances from Sponsor through the private placement proceeds | — | |
| Payment of offering costs | — | |
| Net cash provided by financing activities | — | |
| Net Change in Cash | −903,130 | |
| Deferred underwriting fee payable | — |