Paul Hastings Advises FACT II Acquisition Corp. on $320 Million Business Combination With Precision Aerospace & Defense Group
Paul Hastings LLP advised FACT II Acquisition Corp. (Nasdaq: FACT) on the signing of a definitive business combination agreement with Precision Aerospace & Defense Group, a high-growth engineering and manufacturing firm. Upon closing, the combined company will operate under the name Precision Aerospace & Defense Group Inc. Its common stock and warrants are anticipated to be listed on the Nasdaq Stock Market under the ticker symbols PAD and PADWW, respectively.
The transaction implies an enterprise value of up to $320 million for Precision Aerospace & Defense and is expected to close in the first half of 2026, subject to customary closing conditions.
Partners Brandon Bortner, Joseph Swanson and Gil Savir led the Paul Hastings team, which included of counsel Amir Heyat and associates Kimberly McKenzie, Jason Schechter, Shawn Kim and Chris Warren.
More information can be found here.
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With widely recognized elite teams across 17 core practices, Paul Hastings is a premier law firm with a culture of excellence focused on providing intellectual capital and superior execution globally to the world’s leading investment banks, asset managers and corporations.
With widely recognized elite teams across 18 core practices, Paul Hastings is a premier law firm with a culture of excellence focused on providing intellectual capital and superior execution globally to the world's leading investment banks, asset managers and corporations.