Silicon Valley Acquisition Corp. announced the pricing of its initial public offering of 20,000,000 units at $10.00 per unit.
The company's units are expected to be listed for trading on the Nasdaq Stock Market LLC under the ticker symbol "SVAQU" starting December 23, 2025.
Each unit includes one Class A ordinary share and one-half of one redeemable warrant at $11.50 per share.
Business Purpose
Company formed to effect mergers, acquisitions, and other business combinations in various industries.
Lead Book-Running Manager
Clear Street LLC is the lead book-running manager for the offering.
Offering Details
The public offering includes 20,000,000 units with an option for additional 3,000,000 units at the IPO price.
- Silicon Valley Acquisition Corp. aims to focus on target businesses in several industries including fintech, technology, healthcare, and mining.
- The underwriters have been granted a 45-day option to purchase more units to cover over-allotments.
The Company's successful public offering marks a significant step towards realizing its goal of pursuing business combination opportunities in various sectors.