Spring Valley Acquisition Corp. III Announces Pricing of $200 Million Initial Public Offering

Rhea-AI Summary

Spring Valley Acquisition Corp. III (NASDAQ:SVACU) has announced the pricing of its $200 million initial public offering, consisting of 20,000,000 units at $10.00 per unit. Each unit includes one Class A ordinary share and one-third of one redeemable warrant, with each whole warrant exercisable at $11.50 per share.

The units will trade on the Nasdaq Global Market under "SVACU" starting September 4, 2025, with the Class A shares and warrants expected to trade separately under "SVAC" and "SVACW" respectively. The SPAC aims to target opportunities in the natural resources and decarbonization industries. The underwriters have a 45-day option to purchase up to 3,000,000 additional units to cover over-allotments.

Positive

• IPO provides substantial $200 million in funding for potential acquisitions
• Strategic focus on high-growth natural resources and decarbonization sectors
• Underwriters granted 45-day over-allotment option for additional $30 million

Negative

• No specific acquisition target identified yet
• Shareholders face uncertainty until business combination is completed
• Risk of capital return if no acquisition is completed within specified timeframe

Insights

SPAC and IPO Specialist

Spring Valley Acquisition Corp. III prices $200M SPAC IPO at $10/unit, targeting natural resources and decarbonization sectors.

Spring Valley Acquisition Corp. III has priced its $200 million initial public offering, consisting of 20 million units at $10.00 each. Each unit includes one Class A ordinary share and one-third of a redeemable warrant, with each whole warrant allowing purchase of a share at $11.50. The units will trade on Nasdaq under ticker "SVACU" starting September 4, 2025.

This is a blank check company (SPAC) specifically formed to acquire existing businesses. While it can target any sector, management has indicated focus on natural resources and decarbonization industries - sectors experiencing significant transformation amid the global energy transition.

The IPO includes standard SPAC features such as a 45-day overallotment option for underwriters to purchase up to 3 million additional units. Cohen & Company Capital Markets is leading the offering with Clear Street as joint book-runner. Once the units split, shares and warrants will trade separately under "SVAC" and "SVACW" symbols.

Spring Valley's management team positions the SPAC as leveraging their established global relationships and sector expertise. This SPAC represents a potential acquisition vehicle that could create a public company in the natural resources or decarbonization space without going through the traditional IPO process - potentially providing investors earlier access to growth companies in these sectors.

DALLAS, Sept. 04, 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 pricing of its initial public offering of 20,000,000 units at a price of $10.00 per unit on September 3, 2025. The units are expected to be listed for trading on the Nasdaq Global Market under the ticker symbol “SVACU” beginning September 4, 2025. Each unit consists of one Class A ordinary share and one-third of one redeemable warrant of the Company. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share, subject to certain adjustments. Once the securities comprising the units begin separate trading, the Company expects that its Class A ordinary shares and warrants will be listed on the Nasdaq Global Market under the symbols “SVAC” and “SVACW,” respectively. The offering is expected to close on September 5, 2025, subject to customary closing conditions.

While the Company may pursue an initial business combination opportunity in any business, industry or geographic location, it intends to capitalize on the ability of its management team to identify, acquire and operate a business or businesses that can benefit from its management team’s established global relationships, sector expertise and active management and operating experience. In particular, it currently intends to focus on opportunities in the natural resources and decarbonization industries.

Cohen & Company Capital Markets, a division of Cohen & Company Securities, LLC, is acting as lead book-running manager, and Clear Street is acting as joint book-runner. The Company has granted the underwriters a 45-day option to purchase up to 3,000,000 additional units at the initial public offering price to cover over-allotments, if any.

The public offering is being made only by means of a prospectus. When available, copies of the prospectus relating to the offering may be obtained from Cohen & Company Capital Markets, 3 Columbus Circle, 24^th 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 proposed initial public offering and the anticipated use of the net proceeds from the offering. No assurance can be given that the offering discussed above will be completed on the terms described, or at all, 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 

FAQ

What is the IPO price for Spring Valley Acquisition Corp. III (SVACU)?

Spring Valley Acquisition Corp. III priced its IPO at $10.00 per unit, with each unit consisting of one Class A ordinary share and one-third of one redeemable warrant.

When will SVACU start trading on Nasdaq?

SVACU units will begin trading on the Nasdaq Global Market on September 4, 2025.

What industries is Spring Valley Acquisition Corp. III targeting?

The SPAC is focusing on opportunities in the natural resources and decarbonization industries, though it may pursue opportunities in other sectors.

How much money is Spring Valley Acquisition Corp. III raising in its IPO?

The company is raising $200 million through the sale of 20,000,000 units, with potential for an additional $30 million if the over-allotment option is exercised.

What are the warrant terms for SVACU?

Each whole warrant entitles holders to purchase one Class A ordinary share at $11.50 per share, subject to adjustments.