Spring Valley Acquisition Corp. III, a blank check company, announced the pricing of its $200 million IPO. The offering consists of 20,000,000 units priced at $10.00 per unit, with each unit comprising one Class A ordinary share and one-third of a redeemable warrant.
The IPO is expected to close on September 5, 2025, positioning the company to focus on natural resources and decarbonization sectors.
Initial Public Offering
The successful pricing of 20,000,000 units at $10.00 per unit resulted in a total offering size of $200 million.
Trading Information
SVACU is anticipated to be listed on the Nasdaq Global Market under the ticker symbol 'SVACU' on September 4, 2025.
Warrants Details
Each unit includes one Class A ordinary share and one-third of a redeemable warrant, providing potential upside to investors.
- Spring Valley Acquisition Corp. III aims to target opportunities in the natural resources and decarbonization industries, aligning with current market trends and sustainability goals.
- Cohen & Company Capital Markets serves as the lead book-running manager, supported by Clear Street as a joint book-runner, emphasizing the reputable underwriting team backing the company's IPO.
- Additionally, the Company has granted underwriters a 45-day option to purchase additional units, potentially increasing the IPO's proceeds and flexibility for future growth.
- The registration statement related to the securities became effective on September 3, 2025, reflecting a swift regulatory approval process.
Spring Valley Acquisition Corp. III, a blank check company, announced the successful pricing of its $200 million IPO. With a strategic focus on natural resources and decarbonization, the company is poised to leverage its seasoned management team's expertise for future business combinations and sustainable growth initiatives.