Spring Valley Acquisition Corp. IV Announces Closing of $230 Million Initial Public Offering

Rhea-AI Summary

Spring Valley Acquisition Corp. IV (SVAC) closed its initial public offering of 23,000,000 units at $10.00 per unit on February 11, 2026, raising $230 million gross, including full exercise of a 3,000,000-unit overallotment. Units trade on Nasdaq as SVIVU.

Each unit includes one Class A ordinary share and one-fourth of a public warrant; whole warrants will allow purchase of one Class A share at $11.50. Separate trading of shares and warrants is expected under SVIV and SVIVW. The registration became effective January 30, 2026.

Positive

• Gross proceeds of $230 million
• Full overallotment exercised for 3,000,000 units
• Units commenced trading on Nasdaq (SVIVU)

Negative

• Underwriting discounts and offering expenses reduce net proceeds
• Warrants exercisable at $11.50 may delay shareholder value realization

News Market Reaction – SVACU

+3.60%

1 alert

+3.60% News Effect

On the day this news was published, SVACU gained 3.60%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

DALLAS, Feb. 11, 2026 (GLOBE NEWSWIRE) -- Spring Valley Acquisition Corp. IV (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 $10.00 per unit on February 11, 2026, which includes the exercise in full by the underwriters of their overallotment option to purchase an additional 3,000,000 units. Total gross proceeds from the offering were $230 million before deducting underwriting discounts and commissions and other offering expenses payable by the Company.

The units began trading on The Nasdaq Global Market (“Nasdaq”) under the ticker symbol “SVIVU” on February 10, 2026. Each unit consists of one Class A ordinary share of the Company and one-fourth 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 $11.50 per share. Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on the Nasdaq under the symbols “SVIV” and “SVIVW,” respectively.

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, 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 January 30, 2026. 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. IV
www.sv-ac.com
Robert Kaplan
Investors@sv-ac.com

FAQ

How much did Spring Valley Acquisition Corp. IV (SVAC) raise in its February 11, 2026 IPO?

It raised $230 million in gross proceeds from the offering. According to the company, that total reflects 23,000,000 units at $10.00 each, including the full 3,000,000-unit overallotment exercised by the underwriters.

What does each SVAC unit include and how do the warrants work?

Each unit contains one Class A ordinary share and one-fourth of a public warrant. According to the company, four warrant parts equal one whole warrant, which can buy one Class A share at $11.50.

When did Spring Valley Acquisition Corp. IV units begin trading and under which ticker?

Units began trading on Nasdaq on February 10, 2026 under ticker SVIVU. According to the company, Class A shares and warrants are expected to trade separately later as SVIV and SVIVW.

Who managed the Spring Valley Acquisition Corp. IV public offering (SVAC)?

Cohen & Company Capital Markets served as lead book-running manager and Clear Street LLC acted as joint book-runner. According to the company, the offering was conducted by prospectus and involved underwriting arrangements.

Was the Spring Valley Acquisition Corp. IV registration effective before the offering?

Yes. The registration statement relating to the securities became effective on January 30, 2026. According to the company, the public offering was made only by means of a prospectus.