FACT II Acquisition Corp. Reports $1.45 Million Net Income in Q1 2025

FACT II Acquisition Corp. reported its financial results for the first quarter of 2025, revealing a net income of $1.45 million, primarily driven by interest income from cash held in its Trust Account. The company generated $1.79 million in interest income, offset by $364,345 in general and administrative expenses. This marks a significant increase in net income compared to the previous fiscal period, where the company reported a net loss of $6.35 million. The increase in net income is attributed to the interest earned on the Trust Account, which has grown to $178.38 million as of March 31, 2025, up from $176.60 million at the end of 2024.

In terms of operational metrics, FACT II Acquisition Corp. has maintained a steady cash position, with $1.22 million in cash available for operational needs, down from $1.45 million at the end of 2024. The company has not yet commenced any operations, as it is still in the process of identifying a target for its initial business combination. The company’s total assets increased slightly to $179.82 million from $178.22 million, reflecting the accumulation of cash in the Trust Account. The company’s liabilities also rose, with total liabilities reaching $8.13 million, compared to $7.97 million at the end of the previous year.

Strategically, FACT II Acquisition Corp. has not made any acquisitions or launched new products, as it is still in the early stages of its business model, which focuses on completing a business combination. The company has not reported any significant changes in its organizational structure or employee headcount, which remains stable. The company’s management continues to evaluate potential business combinations, with a focus on ensuring that any target business aligns with its strategic goals.

Looking ahead, FACT II Acquisition Corp. has expressed confidence in its ability to complete a business combination within the stipulated timeframe. The company has until 18 months from the IPO closing date to finalize a deal, with the possibility of extending this period to 24 months if a definitive agreement is in place. However, management has acknowledged the challenges posed by current market conditions, including geopolitical tensions and economic volatility, which could impact the search for suitable acquisition targets. The company remains committed to utilizing its Trust Account funds effectively to facilitate its business combination efforts.