Spring Valley Acquisition Corp. III Announces Closing of $230 Million Initial Public Offering
Spring Valley Acquisition Corp. III (NASDAQ:SVACU) has successfully completed its initial public offering, raising $230 million in gross proceeds through the sale of 23 million units at $10.00 per unit. The offering includes the full exercise of the underwriters' overallotment option for 3 million additional units.
Each unit comprises one Class A ordinary share and one-third of one redeemable public warrant. Whole warrants allow holders to purchase Class A ordinary shares at $11.50 per share. The units began trading on Nasdaq under "SVACU" on September 4, 2025, with the Class A shares and warrants expected to trade separately under "SVAC" and "SVACW" respectively.
The blank check company aims to pursue a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination.
Spring Valley Acquisition Corp. III (NASDAQ:SVACU) ha completato con successo la sua offerta pubblica iniziale, raccogliendo 230 milioni di dollari in proventi lordi mediante la vendita di 23 milioni di unità a 10,00 $ ciascuna. L'offerta comprende l'esercizio integrale dell'opzione di sovrallocazione degli intermediari per 3 milioni di unità aggiuntive.
Ogni unità è composta da una azione ordinaroria di Classe A e da un terzo di un warrant pubblico rimborsabile. Un warrant intero consente al detentore di acquistare azioni ordinarie di Classe A a 11,50 $ per azione. Le unità hanno iniziato la negoziazione sul Nasdaq con il simbolo "SVACU" il 4 settembre 2025; le azioni di Classe A e i warrant dovrebbero essere negoziati separatamente con i simboli "SVAC" e "SVACW" rispettivamente.
La società blank check intende perseguire una fusione, uno scambio di azioni, l'acquisizione di asset, l'acquisto di azioni, una riorganizzazione o un'operazione aziendale simile.
Spring Valley Acquisition Corp. III (NASDAQ:SVACU) ha completado con éxito su oferta pública inicial, recaudando 230 millones de dólares en ingresos brutos mediante la venta de 23 millones de unidades a 10,00 $ por unidad. La colocación incluye el ejercicio total de la opción de sobreasignación de los colocadores por 3 millones de unidades adicionales.
Cada unidad consta de una acción ordinaria Clase A y un tercio de un warrant público rescatable. Un warrant completo permite al titular comprar acciones ordinarias Clase A a 11,50 $ por acción. Las unidades comenzaron a cotizar en Nasdaq con el símbolo "SVACU" el 4 de septiembre de 2025; se espera que las acciones Clase A y los warrants coticen por separado como "SVAC" y "SVACW", respectivamente.
La compañía de cheque en blanco tiene como objetivo llevar a cabo una fusión, intercambio de acciones, adquisición de activos, compra de participaciones, reorganización u otra combinación empresarial similar.
Spring Valley Acquisition Corp. III (NASDAQ:SVACU)는 성공적으로 기업공개(IPO)를 마쳐 2억 3,000만 달러의 총 수익을 기록했으며, 단가 10.00달러의 2,300만 단위를 판매했습니다. 이번 공모에는 주관사의 초과배정 옵션 전부 행사로 추가 300만 단위가 포함되어 있습니다.
각 유닛은 클래스 A 보통주 1주와 상환형 공모 워런트 1/3로 구성됩니다. 워런트 한 장은 보유자가 클래스 A 보통주를 주당 11.50달러에 매수할 수 있는 권리를 제공합니다. 유닛은 2025년 9월 4일부터 나스닥에 "SVACU"로 거래되기 시작했으며, 클래스 A 주식과 워런트는 각각 "SVAC"와 "SVACW"로 별도 거래될 예정입니다.
이 스팩(블랭크체크) 회사는 합병, 주식교환, 자산 인수, 주식 매입, 조직 재편 또는 유사한 사업 결합을 추진할 계획입니다.
Spring Valley Acquisition Corp. III (NASDAQ:SVACU) a mené à bien son offre publique initiale, levant 230 millions de dollars de produit brut grâce à la vente de 23 millions d'unités à 10,00 $ l'unité. L'offre inclut l'exercice intégral de l'option de surallocation des teneurs de livre pour 3 millions d'unités supplémentaires.
Chaque unité se compose de une action ordinaire de Classe A et d'un tiers d'un warrant public remboursable. Un warrant entier permet à son détenteur d'acheter des actions ordinaires de Classe A à 11,50 $ par action. Les unités ont commencé à se négocier sur le Nasdaq sous le symbole "SVACU" le 4 septembre 2025 ; les actions de Classe A et les warrants devraient être négociés séparément sous les symboles "SVAC" et "SVACW" respectivement.
La société « blank check » vise à réaliser une fusion, un échange d'actions, une acquisition d'actifs, un rachat d'actions, une réorganisation ou une combinaison d'affaires similaire.
Spring Valley Acquisition Corp. III (NASDAQ:SVACU) hat erfolgreich ihren Börsengang abgeschlossen und dabei 230 Millionen US-Dollar an Bruttoerlösen erzielt durch den Verkauf von 23 Millionen Einheiten zu je 10,00 $. Das Angebot beinhaltet die vollständige Ausübung der Mehrzuteilungsoption der Konsortialführer für 3 Millionen zusätzliche Einheiten.
Jede Einheit besteht aus einer Stammaktie Klasse A und einem Drittel eines rückkaufbaren öffentlichen Warrants. Ein ganzer Warrant berechtigt den Inhaber zum Erwerb von Klasse-A-Stammaktien zu 11,50 $ pro Aktie. Die Einheiten wurden am 4. September 2025 an der Nasdaq unter dem Tickersymbol "SVACU" gehandelt; die Klasse-A-Aktien und die Warrants sollen getrennt unter "SVAC" bzw. "SVACW" gehandelt werden.
Die Blank-Check-Gesellschaft beabsichtigt, eine Fusion, einen Aktientausch, einen Vermögensankauf, einen Aktienkauf, eine Reorganisation oder eine ähnliche Unternehmenszusammenführung anzustreben.
- Successfully raised $230 million in gross proceeds from IPO
- Full exercise of underwriters' overallotment option, indicating strong demand
- Listing on major exchange (Nasdaq Global Market)
- No specific target business identified yet
- Investment subject to typical SPAC risks and uncertainties
Insights
Spring Valley Acquisition Corp. III successfully raised $230M through its IPO, positioning it to pursue acquisitions in an undisclosed sector.
Spring Valley Acquisition Corp. III has successfully completed its
The company is structured as a Special Purpose Acquisition Company (SPAC), also known as a "blank check company," designed specifically to raise capital through an IPO for the purpose of acquiring an existing private business. Each unit sold consists of one Class A ordinary share plus one-third of a redeemable warrant, with each whole warrant allowing purchase of an additional share at
Unlike traditional IPOs where the business already exists, SPAC investors are essentially placing trust in the management team's ability to identify and execute a valuable business combination within a typical timeframe of 18-24 months. If the SPAC fails to complete an acquisition within this window, the raised funds are typically returned to investors.
The securities began trading on September 4 under the ticker symbol "SVACU." Once the units split, the shares and warrants will trade separately under "SVAC" and "SVACW" respectively. Cohen & Company Capital Markets led the offering, with Clear Street LLC serving as joint book-runner.
This SPAC IPO comes amid fluctuating market conditions for blank check companies, which have seen waves of popularity and skepticism over recent years. Notably, Spring Valley's press release does not specify which industry or business sector they intend to target for acquisition.
DALLAS, Sept. 05, 2025 (GLOBE NEWSWIRE) -- Spring Valley Acquisition Corp. III (the “Company”), a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, announced the closing of its initial public offering of 23,000,000 units at a price of
The units began trading on The Nasdaq Global Market (“Nasdaq”) under the ticker symbol “SVACU” on September 4, 2025. Each unit consists of one Class A ordinary share of the Company and one-third of one redeemable public warrant. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share of the Company at a price of
Cohen & Company Capital Markets, a division of Cohen and Company Securities, LLC, acted as lead book-running manager, and Clear Street LLC acted as joint book-runner.
The public offering was made only by means of a prospectus. Copies of the prospectus relating to the offering may be obtained from Cohen & Company Capital Markets, 3 Columbus Circle, 24th Floor, New York, NY 10019, Attention: Prospectus Department, or by email at: capitalmarkets@cohencm.com.
A registration statement relating to the securities became effective on September 3, 2025. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
Forward-Looking Statements
This press release contains statements that constitute “forward-looking statements,” including with respect to the anticipated use of the net proceeds from the offering. No assurance can be given that the net proceeds of the offering will be used as indicated, or that the Company will ultimately complete a business combination transaction. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement and preliminary prospectus for the Company’s offering filed with the U.S. Securities and Exchange Commission (the “SEC”). Copies of these documents are available on the SEC’s website, at www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
Contact
Spring Valley Acquisition Corp. III
www.sv-ac.com
Robert Kaplan
Investors@sv-ac.com
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