FACT on Nasdaq
FACT II Acquisition Corp.
Aircraft parts and auxiliary equipment company in the Cayman Islands. Summary from the record
Price unavailable
Last updated Oct 19, 2026.
Overview
- TickerFACT on Nasdaq1
- IndustryAircraft Parts & Auxiliary Equipment, NEC1
- HeadquartersNew York, New York1
- Incorporated inCayman Islands3
- Business address14 Wall Street, 20Th Floor, New York, Ny 100053
- Filer categoryNon-accelerated filer, Smaller reporting company, Emerging growth company3
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Report. You should not rely on any such information in making your decision whether to invest in our securities.4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Financial statements
Every line of the income statement as filed: the last 1 fiscal year, latest first.2
| Period ending | 2025-12-31 |
|---|---|
| General and administrative expenses | $2.2M |
| Loss from operations | -$2.2M |
| Change in fair value of over-allotment liability | $26.6K |
| Interest earned on bank account | $27.8K |
| Interest earned on cash held in Trust Account | $7.2M |
| Total other income | $7.2M |
| NET INCOME (LOSS) | $5.0M |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 2 fiscal years (annual) or 2 quarters (quarterly), latest first.2
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Cash | $544.8K | $1.4M |
| Prepaid expenses | $92.6K | $95.8K |
| Total current assets | $637.4K | $1.5M |
| Prepaid insurance | $77.2K | |
| Cash held in Trust Account | $183.8M | $176.6M |
| TOTAL ASSETS | $184.4M | $178.2M |
| Accrued expenses | $23.5K | $97.8K |
| Over-allotment option liability | $26.6K | |
| Total current liabilities | $23.5K | $124.4K |
| Deferred legal fees | $2.1M | $850.0K |
| Deferred underwriting fee payable | $7.0M | $7.0M |
| TOTAL LIABILITIES | $9.2M | $8.0M |
| 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 | $183.8M | $176.6M |
| Accumulated deficit | -$8.5M | -$6.4M |
| TOTAL SHAREHOLDERS DEFICIT | -$8.5M | -$6.4M |
| TOTAL LIABILITIES, ORDINARY SHARES SUBJECT TO POSSIBLE REDEMPTION AND SHAREHOLDERS DEFICIT | $184.4M | $178.2M |
| Preference shares, par value (in Dollars per share) | $0.00 | $0.00 |
| Preference shares, shares authorized | 1.0M shares | 1.0M shares |
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Cash | $544.8K | $1.4M |
| Prepaid expenses | $92.6K | $95.8K |
| Total current assets | $637.4K | $1.5M |
| Prepaid insurance | $77.2K | |
| Cash held in Trust Account | $183.8M | $176.6M |
| TOTAL ASSETS | $184.4M | $178.2M |
| Accrued expenses | $23.5K | $97.8K |
| Over-allotment option liability | $26.6K | |
| Total current liabilities | $23.5K | $124.4K |
| Deferred legal fees | $2.1M | $850.0K |
| Deferred underwriting fee payable | $7.0M | $7.0M |
| TOTAL LIABILITIES | $9.2M | $8.0M |
| 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 | $183.8M | $176.6M |
| Accumulated deficit | -$8.5M | -$6.4M |
| TOTAL SHAREHOLDERS DEFICIT | -$8.5M | -$6.4M |
| TOTAL LIABILITIES, ORDINARY SHARES SUBJECT TO POSSIBLE REDEMPTION AND SHAREHOLDERS DEFICIT | $184.4M | $178.2M |
| Preference shares, par value (in Dollars per share) | $0.00 | $0.00 |
| Preference shares, shares authorized | 1.0M shares | 1.0M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 1 fiscal year, latest first.2
| Period ending | 2025-12-31 |
|---|---|
| Net income (loss) | $5.0M |
| Change in fair value of over-allotment liability | -$26.6K |
| Interest earned on cash held in Trust Account | -$7.2M |
| Prepaid expenses | $3.2K |
| Prepaid insurance | $77.2K |
| Accrued expenses | -$74.3K |
| Deferred legal fees | $1.3M |
| Net cash used in operating activities | -$903.1K |
| Net Change in Cash | -$903.1K |
No quarter-by-quarter statement was filed.
Leadership
Who has led FACT II Acquisition Corp., and when. Pick a name to see everywhere that person has worked.
- Chief executive officerAdam Gishen Nov 25, 2024 to Feb 14, 202510
- Chief financial officerMin Lee Nov 25, 2024 to Feb 14, 202510
Board members and other officers (5)
- Board memberAdam Gishen Nov 25, 2024 to Feb 14, 202510
- Board memberHella Alashkar Nov 25, 2024 to Nov 25, 202411
- Board memberJames M. Rallo Nov 25, 2024 to Nov 25, 202412
- Board memberNell Cady-Kruse Nov 25, 2024 to Nov 25, 202413
- Board memberRobert Rackind Nov 25, 2024 to Nov 25, 202414
Timeline
- Nov 25, 2024New chief executive Adam Gishen becomes CEO10
Filings
89 filings to the SEC since October 2021: 2 annual reports, 6 quarterly reports, 6 major events, 8 insider forms, 26 large holders, 41 other. The latest 20:
- Oct 14, 2026DEF 14A PROXY STATEMENT EDGAR
- Oct 1, 2026PRE 14A PRELIMINARY PROXY STATEMENT EDGAR
- Aug 14, 2026SCHEDULE 13G EDGAR
- Aug 13, 2026RW WITHDRAWAL REQUEST EDGAR
- Aug 12, 202610-Q QUARTERLY REPORT EDGAR
- Aug 10, 2026SCHEDULE 13G/A EDGAR
- Aug 6, 2026SCHEDULE 13G EDGAR
- Jul 21, 20268-K CURRENT REPORT EDGAR
- Jun 9, 2026425 EDGAR
- Jun 5, 2026425 EDGAR
- May 19, 2026425 EDGAR
- May 18, 2026S-4/A REGISTRATION STATEMENT EDGAR
- May 15, 2026SCHEDULE 13G/A EDGAR
- May 11, 202610-Q QUARTERLY REPORT EDGAR
- May 7, 2026425 EDGAR
- Apr 16, 2026425 EDGAR
- Apr 16, 2026S-4/A REGISTRATION STATEMENT EDGAR
- Mar 26, 2026425 EDGAR
- Mar 20, 2026425 EDGAR
- Mar 16, 2026425 EDGAR
The 89 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- HIGHBRIDGE CAPITAL MANAGEMENT LLCSCHEDULE 13G, 1 filing Aug 14, 202615
- Goldman SachsSCHEDULE 13G/A, 1 filing Aug 10, 202616
- TENOR CAPITAL MANAGEMENT Co., L.P.SCHEDULE 13G/A, 2 filings Jul 8, 2025 to May 15, 202617
- Westchester Capital Management, LLCSCHEDULE 13G/A, 2 filings Aug 14, 2025 to Feb 13, 202618
- Hudson Bay Capital Management LPSCHEDULE 13G/A, 2 filings Aug 8, 2025 to Feb 11, 202619
- Kepos Capital LPSCHEDULE 13G/A, 2 filings Feb 12, 2025 to Nov 13, 202520
- HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUNDSCHEDULE 13G/A, 2 filings Feb 14, 2025 to Aug 13, 202521
- Context Capital Management, LLCSCHEDULE 13G/A, 2 filings Jun 12, 2025 to Jul 10, 202522
- AQR CAPITAL MANAGEMENT LLCSCHEDULE 13G/A, 2 filings Feb 14, 2025 to May 14, 202523
- BarclaysSCHEDULE 13G, 1 filing May 13, 202524
- PICTON MAHONEY ASSET MANAGEMENTSCHEDULE 13G, 1 filing May 13, 202525
- TD SECURITIES (USA) LLCSCHEDULE 13G/A, 2 filings Mar 7, 2025 to May 12, 202526
- FACT II Acquisition LLCSCHEDULE 13G, 1 filing Feb 14, 202527
- LMR Partners LLPSCHEDULE 13G, 1 filing Feb 14, 202528
- Magnetar Financial LLCSCHEDULE 13G, 1 filing Jan 29, 202529
- YA II PN, Ltd.SCHEDULE 13G/A, 2 filings Nov 29, 2024 to Dec 3, 202430
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 10SEC EDGARAdam Gishen, Chief executive officer
- 11SEC EDGARHella Alashkar, Board member
- 12SEC EDGARJames M. Rallo, Board member
- 13SEC EDGARNell Cady-Kruse, Board member
- 14SEC EDGARRobert Rackind, Board member
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