Plutux
$10.70
+0.00%
2026-09-02 16:00:00 EDT+$0.00
Financial Services
Shell Companies
NASDAQ
Active Trading

Freedom Acquisition I Corp. currently conducts no material business activities. Its sole purpose is to identify and execute a business combination, potentially ...

Price Action

$10.70
+0.00%+$0.00
High
Low
52W High-18.6%
Rel. vol
Interval
Range77m
VolumeSMA5SMA10
FACT II Acquisition Corp. (NASDAQ: FACT) is a blank check company, also known as a special purpose acquisition company (SPAC), incorporated in the Cayman Islands and headquartered in New York City. The company was founded in 2024 with the sole purpose of effecting a merger, asset acquisition, share purchase, stock ...FACT II Acquisition Corp. (NASDAQ: FACT) is a blank check company, also known as a special purpose acquisition company (SPAC), incorporated in the Cayman Islands and headquartered in New York City. The company was founded in 2024 with the sole purpose of effecting a merger, asset acquisition, share purchase, stock exchange, or corporate reorganization with one or more businesses. It raised $175 million through its initial public offering (IPO) on November 25, 2024, offering 17.5 million units at $10.00 each. The company is led by CEO Adam Gishen, who previously served as CEO of Freedom Acquisition I Corp. Currently, FACT conducts no material business activities and has no employees, operating with a lean structure typical for SPACs. Its management team is focused on identifying a suitable target, with a announced intention to combine with Precision Aerospace & Defense Group, Inc., aiming to create a Nasdaq-listed holistic solutions provider in aerospace, defense, and space sectors. Financial indicators show a market capitalization of approximately $259 million, a price-to-book ratio of 1.117, and a net asset value per share of $9.536. The company has a working capital of $342,233 and a current ratio of 3.467, indicating financial stability. As a SPAC, it does not generate revenue and relies on the trust fund from IPO proceeds. The company's strategy is to leverage its management's expertise to scale businesses in the public markets, with a focus on high-growth sectors. Given its early stage, no dividends are paid. The company's stock trades on the NASDAQ Global Market.
Founded
2024
Employees
2
CEO
Adam Gishen
Full Name
FACT II Acquisition Corp
Sector
Financial Services
Industry
Shell Companies
ROE
2.18%
Market Cap
$0.26B
Current Ratio
1.69
ROIC
-2745.70%

Contact Information

212 618 1798
14 Wall Street, New York City, NY 10005

Related stocksShell Companies

Browse all US stocks

Plutux is not an investment adviser. Market data and AI-generated analysis are for information and education only, not investment advice. Disclaimer

© Plutux Technology Limited 2026