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FACTU

FACT II Acquisition Corp. Unit

FACTU

FACT II Acquisition Corp. Unit • NASDAQ
$10.63 ▲ 0.00% (+0.00)
Market Cap $261.25 M
52w High $10.99
52w Low $9.93
Dividend Yield 0%
P/E 0
Volume 374
Outstanding Shares 24.19M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $0 $602.25K ▲ $1.267M ▼ 0% $0.069 ▲ $796K ▲
Q2-2025 $0 ▼ $199.558K ▼ $1.632M ▲ 0% ▼ $0.067 ▲ $-199.558K ▲
Q1-2025 $82.74M ▼ $364.345K ▼ $1.448M ▲ 1.75% ▲ $0.059 ▲ $-364K ▲
Q4-2024 $94.21M ▲ $975.612K ▲ $32.396K ▲ 0.034% ▲ $0 ▲ $-975.612K ▼
Q3-2024 $5.536M $104.287K $-104.287K -1.884% $-0.004 $-104.287K

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $1.008M ▼ $183.191M ▲ $8.601M ▲ $-7.473M ▼
Q2-2025 $1.088M ▼ $181.457M ▲ $8.134M ▲ $173.323M ▲
Q1-2025 $1.222M ▼ $179.819M ▲ $8.127M ▼ $171.692M ▲
Q4-2024 $13.378M ▼ $144.466M ▲ $242.005M ▼ $-97.539M ▲
Q3-2024 $79.502M $107.936M $250.64M $-142.704M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $-148.885K ▼ $2.292M ▲ $-175.875M ▼ $177.763M ▲ $-80.839K ▲ $2.292M ▲
Q2-2025 $3.047M ▲ $-105.349K ▲ $175.875M ▲ $-177.565M ▼ $-359.456K ▲ $-105.349K ▲
Q1-2025 $1.448M ▲ $-2.627M ▼ $0 ▲ $-198K ▼ $-2.825M ▼ $-2.627M ▼
Q4-2024 $32.396K ▲ $-254.107K ▼ $-175.875M ▼ $177.565M ▲ $1.436M ▼ $-254.107K ▼
Q3-2024 $-104.287K $175.657M $0 $62.589K $247.401M $175.657M

Five-Year Company Overview

Income Statement

Income Statement FACTU’s income statement reflects a typical SPAC: almost no real operating revenue and small gains that likely come from interest on the funds it holds. The company runs at an accounting loss because its listing and administrative costs outweigh that modest income. Recent net losses have been noticeable compared with earlier, slightly positive years, which is common as SPACs absorb professional and regulatory expenses while they search for a deal. Overall, the current earnings profile tells you more about SPAC structure than about any underlying business strength or weakness, since there is no operating business yet.

Balance Sheet

Balance Sheet The balance sheet is dominated by financial assets and matching obligations, which is what you’d expect from a blank-check company holding capital for a future acquisition. Equity has moved around as losses have been recognized and financing has been raised, including a period where it dipped negative, which can happen with SPACs due to their structure and accounting. Debt is present but appears manageable relative to total assets at this stage, though the true leverage picture will only matter after a merger. Right now, the balance sheet mainly shows that the vehicle exists, is funded, and is incurring costs while it waits to deploy capital into a target.

Cash Flow

Cash Flow Cash flow from operations has been mildly negative, reflecting ongoing costs like legal, banking, and administrative fees without offsetting operating income. There is effectively no investment in physical assets, which fits a SPAC that doesn’t run a real business. Free cash flow is therefore negative but modest in absolute terms, essentially showing a slow cash burn as the company searches for a deal. The key cash flow question will come later, once a target is chosen: how much cash remains, how much is raised or redeemed, and what the combined company’s cash generation looks like.

Competitive Edge

Competitive Edge As a SPAC, FACTU’s “competitive position” is not about products or market share, but about its ability to source and close an attractive deal in a crowded SPAC and private-equity environment. Its main asset is its management team’s background in financial services and prior SPAC experience, which may help in accessing quality targets and negotiating terms. However, many SPACs are hunting for similar companies, and potential targets often have other funding options, so competition for good deals can be intense. Until a specific target is announced, it is hard to judge whether FACTU will secure a company with a strong, defensible market position.

Innovation and R&D

Innovation and R&D FACTU has no products, technology, or research activity of its own; it is essentially a financial shell. Any innovation or R&D story will depend entirely on the company it eventually merges with. The only “edge” at this stage is the team’s network and deal-making expertise, not technical know-how or proprietary assets. For now, the innovation question is: what type of business they choose and how innovative that eventual target is, not FACTU itself.

Summary

FACTU is a blank-check company whose current financials primarily show small interest income, ongoing costs, and a modest cash burn while it searches for a merger partner. The balance sheet and cash flows are typical for a SPAC and don’t yet reflect an underlying operating business. The real story will start only once a specific acquisition is announced, because that target’s business model, financial health, and competitive standing will drive future results. Until then, analysis is mainly about the SPAC’s structure, its timeline, and the management team’s ability to find and execute a compelling deal, rather than about traditional fundamentals.