FACT II Acquisition Postpones Meeting & Extends Deadline

SPAC
SPAC
Extension
Extension
Unit Split:
Dec 20, 2024
Industry:
AIRCRAFT PARTS & AUXILIARY EQUIPMENT, NEC

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FACT II Acquisition Corp. Postpones Extraordinary General Meeting and Extends Redemption Deadline

NEW YORK, NY, USA

Postponement of Extension Meeting

FACT II Acquisition Corp. (NASDAQ: FACT) announced that it has decided to postpone its extraordinary general meeting of shareholders, known as the Extension Meeting. The decision follows a recent global technology outage that caused significant delays to standard business operations, ensuring all shareholders have adequate time to participate and vote regarding the business combination extension.

Updated Schedule

The meeting is rescheduled for Friday, November 20, at a time to be confirmed. The new redemption deadline is set for Wednesday, November 18. The company intends to file a Form 8-K with the SEC to formally confirm these updated dates.

About

The Company was formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company may pursue an initial business combination opportunity in any industry or sector but intends to focus its search on 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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