SPAC FACT II Acquisition, the second blank check led by executives from Credit Suisse files for a $175 million IPO

FACT II Acquisition, the second SPAC led by former executives of Credit Suisse targeting financial services, filed on Friday with the SEC to raise up to $175 million in an initial public offering.

The New York, NY-based company plans to raise $175 million by offering 17.5 million units at $10. Each unit consists of one share of common stock and one-half of a warrant, exercisable at $11.50. At the proposed deal size, FACT II Acquisition would command a market value of $240 million….