Precision Aerospace & Defense Group And FACT II Acquisition File Amended Registration Statement On Form S-4 With SEC In Connection With Proposed Business Combination

Precision Aerospace & Defense Group, Inc. ("PAD"), a high-growth aerospace & defense engineering and manufacturing company, and FACT II Acquisition Corp. ("FACT") (NASDAQ:FACT), a special purpose acquisition company, today announced that they have publicly filed an amended registration statement on Form S-4 with the U.S. Securities and Exchange Commission (the "SEC") in connection with their proposed business combination (the "Business Combination"). The amended filing includes updated financial information and additional disclosures relating to the proposed transaction first announced on December 1, 2025.

PAD has built a diversified platform spanning engineering & sustainment, precision manufacturing and advanced non-destructive testing, serving aerospace, defense, commercial aviation and space customers through multiple AS9100-certified and ITAR-registered U.S. facilities.

Since announcing the proposed Business Combination, PAD has continued to expand its platform and highlight operating momentum across its portfolio:

• Investor Day in New York: PAD and FACT hosted an Investor Day on March 12, 2026, presenting market trends, business model details, strategic priorities and financial targets, with webcast and presentation materials made available through PAD's investor page.
• Backlog and Demand: PAD has experienced increased backlog and obtained additional customers, reinforcing confidence in demand across its end markets.
• Increased scope and demand for non-destructive testing: PAD has highlighted its proprietary phased array processes and customized inspection solutions developed with SpaceX, alongside additional collaborations with NASA and Boeing.
• Engineering & sustainment demand continues to build: PAD has notable backlog in its Engineering & Sustainment division, including in connection with the B-1B Lancer program and new program awards, GE Aerospace and ProEnergy.

Upon closing of the Business Combination, the combined company will be named Precision Aerospace & Defense Group, Inc., with its common stock and warrants anticipated to trade on the New York Stock Exchange under the ticker symbol "PAD." The proposed transaction remains subject to FACT shareholder approvals, applicable regulatory and listing approvals, and other customary closing conditions.