Precision Aerospace & Defense Group, Inc. is merging with FACT II Acquisition Corp. to become a publicly listed company on Nasdaq.
The combined company will provide holistic solutions in aerospace, defense, and space industries.
The transaction values PAD at up to a $320 million implied enterprise value.
Merging Companies
PAD is merging with FACT II Acquisition Corp. to create a Nasdaq-listed company with a strong market presence.
Transaction Value
The transaction values PAD at up to $320 million, considering a $10.00 per share price and pending acquisitions.
Anticipated Financing
PAD has a non-binding term sheet with BC Partners for potential credit facility and equity financing of up to $80 million.
- PAD's platform strengths and customer relationships make it attractive to public market investors.
- The merger with FACT II Acquisition Corp. positions PAD as a key player in aerospace, defense, and space industries.
The merger with FACT II Acquisition Corp. marks a significant milestone for Precision Aerospace & Defense Group, Inc., positioning the company for accelerated growth and expanded market opportunities.