Silicon Valley Acquisition Corp. Announces Closing of $200 Million Initial Public Offering
PALO ALTO. Calif., Dec. 24, 2025 (GLOBE NEWSWIRE) — Silicon Valley Acquisition Corp. (the “Firm”) introduced the closing of its preliminary public providing of 20,000,000 models at a worth of $10.00 per unit on December 24, 2025. Whole gross proceeds from the providing have been $200,000,000 earlier than deducting underwriting reductions and commissions and different providing bills payable by the Firm.
The models started buying and selling on The Nasdaq World Market (“Nasdaq”) beneath the ticker image “SVAQU” on December 23, 2025. Every unit consists of 1 Class A atypical share of the Firm and one-half of 1 redeemable public warrant. Every complete warrant entitles the holder thereof to buy one Class A atypical share of the Firm at a worth of $11.50 per share. As soon as the securities comprising the models start separate buying and selling, the Class A atypical shares and warrants are anticipated to be listed on Nasdaq beneath the symbols “SVAQ” and “SVAQW,” respectively.
The Firm was fashioned for the aim of effecting a merger, share alternate, asset acquisition, share buy, recapitalization, reorganization or related enterprise mixture with a number of companies. The Firm might pursue an preliminary enterprise mixture alternative in any trade or sector however intends to deal with goal companies within the fintech, crypto/digital belongings, AI-driven infrastructure, vitality transition, auto/mobility, expertise, shopper, healthcare and mining industries.
Clear Avenue LLC acted as lead book-running supervisor. The Firm has granted the underwriters a 45-day choice to buy as much as 3,000,000 extra models on the preliminary public providing worth to cowl over-allotments, if any.
The general public providing was made solely by way of a prospectus. Copies of the prospectus regarding the providing could also be obtained from Clear Avenue LLC, Attn: Syndicate Division, 150 Greenwich Avenue, forty fifth ground, New York, NY 10007, by e-mail at ecm@clearstreet.io.
A registration assertion regarding the securities was declared efficient on December 22, 2025. This press launch shall not represent a suggestion to promote or the solicitation of a suggestion to purchase, nor shall there be any sale of those securities in any state or jurisdiction through which such supply, solicitation, or sale can be illegal previous to registration or qualification beneath the securities legal guidelines of any such state or jurisdiction.
Ahead-Trying Statements
This press launch accommodates statements that represent “forward-looking statements,” together with with respect to the anticipated use of the online proceeds from the providing. No assurance will be provided that the online proceeds of the providing shall be used as indicated, or that the Firm will finally full a enterprise mixture transaction. Ahead-looking statements are topic to quite a few situations, a lot of that are past the management of the Firm, together with these set forth within the Danger Components part of the Firm’s registration assertion and last prospectus for the Firm’s providing filed with the U.S. Securities and Trade Fee (the “SEC”). Copies of those paperwork can be found on the SEC’s web site, at http://www.sec.gov. The Firm undertakes no obligation to replace these statements for revisions or modifications after the date of this launch, besides as required by legislation.
Contact
Crocker Coulson, AUM Advisors
crocker.coulson@aumadvisors.com
+1 (646) 652-7185
