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Stock impact report

FACT II Acquisition Corp. Announces Pricing of $175 Million Initial Public Offering

 (FACTU) 
Company Research Source: GlobeNewswire
NEW YORK, NY, Nov. 26, 2024 (GLOBE NEWSWIRE) -- FACT II Acquisition Corp. (the “Company”) announced the pricing of its initial public offering of 17,500,000 units at a price of $10.00 per unit on November 25, 2024. The units are expected to be listed for trading on the Nasdaq Global Market under the ticker symbol “FACTU” beginning November 26, 2024. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant of the Company. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share, subject to certain adjustments. Once the securities comprising the units begin separate trading, the Company expects that its Class A ordinary shares and warrants will be listed on the Nasdaq Global Market under the symbols “FACT” and “FACTW”, respectively. The offering is expected to close on November 27, 2024, subject to customary closing conditions. The Company was formed for the purpose of effecting a merger, shar Show less Read more
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