Precision Aerospace & Defense Group, Inc. And FACT II Acquisition Corp. Update S-4 Filing For SPAC Merger

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 material information related to the proposed transaction announced on December 1, 2025.

Transaction Update

PAD continues to demonstrate operational momentum across its aerospace and defense platform, reinforcing the company's positioning and long-term growth outlook.

• Backlog and demand: PAD has experienced increased backlog and obtained additional customers, reinforcing confidence in demand across its end markets.
• 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.
• Non-destructive testing momentum tied to space programs: PAD highlighted its proprietary phased array processes and customized inspection solutions developed for a leading space exploration company and expanded its collaboration with other developing space companies.
• Engineering & sustainment demand continues to build: PAD had notable engineering & sustainment backlog, driven by growth tied to GE Aerospace, Boeing and ProEnergy programs.

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

Upon closing of the proposed 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. The proposed transaction remains subject to FACT shareholder approvals, applicable regulatory and listing approvals, and other customary closing conditions.