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FACT II Acquisition Priced, Nasdaq: FACTU

Second blank check company led by former Credit Suisse executives.

Industry: SPAC

Latest Trade: $9.97 0.00 (0.0%)

First Day Return: -0.5%

Return from IPO: -0.4%

Industry: SPAC

We are a blank check company, incorporated as a Cayman Islands exempted company whose business purpose is to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. Our efforts to identify a prospective initial business combination target will not be limited to a particular industry, sector or geographic region. While we may pursue an initial business combination opportunity in any industry or sector, we intend to capitalize on the ability of our management team to identify, acquire and operate a business or businesses that can benefit from our management team’s established global relationships, sector expertise and active management and operating experience. Our focus will be on identifying a target business with a management team who has demonstrated clear operating expertise over the past two years, with a focus on growing revenues, while operating with demonstrated control over operating costs and preservation of cash.
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IPO Data
IPO File Date 08/16/2024
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 17.5
Deal Size ($mm) $175
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 11/25/2024
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 17.5
Deal Size ($mm) $175
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Cohen & Company Securities
Seaport Global
Company Data
Headquarters New York, NY, United States
Founded 2024
Employees at IPO 2
Website freedomac2.com

FACT II Acquisition (FACTU) Performance