FACT II Acquisition Business Summary

FACT II Acquisition Corp. (FACT) is a special purpose acquisition company currently executing a definitive business combination with Precision Aerospace & Defense Group (PAD), a transaction valuing the target at an implied enterprise value of $320 million. Post-merger, the company generates revenue through a vertically integrated model across three primary business segments: Engineering & Sustainment, providing MRO and reverse engineering for legacy military aircraft; Precision Manufacturing, utilizing advanced CNC machining for complex aerospace components; and Advanced Non-Destructive Testing (NDT), offering specialized structural integrity services. Revenue is primarily driven by long-term defense contracts, mission-critical component sales, and service fees from aerospace OEMs and government agencies. Positioned as a holistic solutions provider in the aerospace, defense, and space sectors, FACT competes directly with specialized manufacturers and sustainment firms such as Gardner Aerospace, Figeac Aero, AAE Aerospace, and RTC Aerospace, distinguishing itself through its end-to-end lifecycle support and an aggressive programmatic acquisition strategy. FACT is led by Chief Executive Officer Adam Gishen and Executive Chairman Tidjane Thiam, both of whom possess significant pedigree in global finance and capital markets. Gishen previously served as CEO of Freedom Acquisition I Corp. and held senior leadership roles at Credit Suisse, Nomura, and Lehman Brothers, while Thiam is the former CEO of Credit Suisse Group AG and Prudential plc. The leadership team also includes CFO Min Lee, a former Credit Suisse Director and co-founder of BFY Capital. Upon completion of the business combination, the entity will be spearheaded by PAD CEO Brent Borden, a West Point graduate and former U.S. Army Ranger with extensive experience in national security and aerospace manufacturing. Notable institutional backing includes significant stakes from Westchester Capital Management and Hudson Bay Capital Management, reflecting strong investor confidence in the platform's ability to capitalize on record industry backlogs and defense modernization trends.