SCHEDULE: Kepos Capital Discloses 0.2% Stake in FACT II Acquisition Corp.

Kepos Capital LP and Mark Carhart reported a 0.2% beneficial ownership stake in FACT II Acquisition Corp.'s Class A ordinary shares as of September 30, 2025.

Summary

• Kepos Capital LP, an investment manager, and Mark Carhart, its managing member, jointly filed an Amendment No. 1 to Schedule 13G.
• The filing reports beneficial ownership of 43,500 Class A ordinary shares of FACT II Acquisition Corp.
• This represents 0.2% of the Class A ordinary shares outstanding, based on 18,488,125 shares as of August 11, 2025.
• Both Kepos Capital LP and Mark Carhart share voting and dispositive power over these 43,500 shares.
• The shares were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 5

Explanation: The filing is a routine beneficial ownership disclosure (Schedule 13G) and does not contain information that would typically influence sentiment positively or negatively regarding the issuer's performance or prospects. It is purely informational.

Future Outlook

This filing is a beneficial ownership report and does not contain forward-looking statements or guidance regarding the issuer's future performance or operations.

Industry Context

FACT II Acquisition Corp. is a Special Purpose Acquisition Company (SPAC). This filing indicates a minor passive investment by Kepos Capital LP and Mark Carhart, which is a routine disclosure for institutional investors holding small stakes in publicly traded companies, including SPACs.

Stakeholder Impact

• Shareholders: The disclosure of a 0.2% stake by Kepos Capital LP and Mark Carhart is unlikely to have a significant impact on existing shareholders due to its small size and passive nature.

Key Dates

Keywords

FACT II Acquisition Corp., Kepos Capital LP, Mark Carhart, Schedule 13G, beneficial ownership, Class A ordinary shares, SPAC