FACT II Acquisition Corp. (Nasdaq: FACT) has terminated its proposed business combination with Precision Aerospace &
Defense Group due to unforeseen circumstances affecting a key subsidiary acquisition. Despite securing financing
proposals exceeding the minimum cash condition, the SPAC will now seek alternative merger opportunities. FACT II, which
raised $175 million in its November 2024 IPO, will continue to have its units, shares, and warrants listed on Nasdaq.