Filed by Spring Valley Acquisition Corp. III
pursuant to Rule 425 under the Securities Act
of 1933
and deemed filed pursuant to Rule 14a-12
under the Securities Exchange Act of 1934
Subject Company: Spring Valley Acquisition Corp.
III
Commission File No. 001-42822
Subject Company: General Fusion Inc.
Date: February 24, 2026
This filing relates to the proposed transactions pursuant to the terms of that certain Business Combination Agreement, dated January 21,
2026 (the “Business Combination Agreement”), among Spring Valley Acquisition Corp. III, an exempted company limited by shares
incorporated under the Laws of the Cayman Islands (“SVAC”); General Fusion Inc., a British Columbia limited company (“General
Fusion” or the “Company”), and 1573562 B.C. Ltd., a British Columbia limited company (“NewCo”), pursuant
to which, among other things, (i) SVAC will continue from the Cayman Islands to British Columbia, (ii) NewCo will amalgamate with and
into General Fusion (the “Amalgamation”), with NewCo surviving the Amalgamation as a wholly-owned subsidiary of SVAC, pursuant
to an arrangement under the applicable provisions of the Business Corporations Act (British Columbia) and the plan of
arrangement attached as an exhibit to the Business Combination Agreement, and (iii) SVAC will change its name to “General Fusion
Group Ltd.”
On February 24, 2026, General Fusion posted
the following communication on its LinkedIn, X, Facebook and Instagram accounts:
General Fusion has reached an exciting new milestone on our
path to becoming a public company!
We’ve publicly filed our Form F-4 with the SEC as part of our
proposed business combination with @Spring Valley Acquisition Corp. III (NASDAQ: SVAC), bringing us one step closer to becoming the first
publicly traded pure play fusion energy company.
“We believe fusion is at an inflection point, and so is General
Fusion. Our announcement today represents a key milestone toward closing the proposed business combination between General Fusion and
SVAC—a transaction that we expect to put us on the best path to delivering commercial fusion energy in the next decade,” said
General Fusion CEO Greg Twinney.
Read the full announcement: General Fusion Marks Key Milestone in
Becoming a Public Company, Announces Public Filing of Form F-4 in Connection with Proposed Business Combination | General Fusion
On February 24, 2026, the following press release was issued on
behalf of General Fusion:

General Fusion Marks Key Milestone in Becoming
a Public Company, Announces Public Filing of Form F-4 in Connection with Proposed Business Combination
| · | The
public filing of the Form F-4 marks an important milestone in the transaction, moving General
Fusion closer to becoming the first publicly traded pure-play fusion company. |
| | | |
| · | The
proposed transaction, targeted to close in mid-2026, subject to customary closing conditions,
including regulatory and shareholder approvals, would support the advancement of General
Fusion’s patented and proprietary Magnetized Target Fusion (“MTF”) technology,
designed to scale for cost-efficient power plants within the next decade. |
| | | |
| · | General
Fusion intends to use proceeds from the transaction to fund and advance the Company’s
Lawson Machine 26 (“LM26”) program, with the goal of demonstrating and de-risking
MTF technology in a commercially relevant way. |
| | | |
| · | The
proposed transaction with Spring Valley Acquisition Corp. III implies approximately US$1
billion pro-forma equity value, inclusive of US$107.7 million from a committed and oversubscribed
PIPE (Private Investment in Public Equity) with leading institutional investors and US$230
million of Spring Valley’s trust capital (assuming no redemptions). |
VANCOUVER, British Columbia – February 24, 2026
– General Fusion Inc. (“General Fusion” or the “Company”), a leader in the global
race to make commercial fusion energy a reality, and Spring Valley Acquisition Corp. III (NASDAQ: SVAC) (“SVAC”), a publicly
traded special purpose acquisition company, today announced a significant step forward on General Fusion’s path to becoming the
first publicly traded pure-play fusion company. The Company and SVAC have filed their joint registration statement on Form F-4 (the “Registration
Statement”) with the U.S. Securities and Exchange Commission (the “SEC”) in connection with their previously announced
proposed business combination (the transactions contemplated by the business combination, collectively, the “Proposed Business
Combination”).
“We believe fusion is at an inflection point,
and so is General Fusion. Our announcement today represents a key milestone toward closing the proposed business combination between General
Fusion and SVAC—a transaction that we expect to put us on the best path to delivering commercial fusion energy in the next decade,”
said General Fusion CEO Greg Twinney. “The feedback we’ve received from the market since we announced the business combination
has been constructive and encouraging. We believe the market recognizes the strength of our team, built on a 20-year track record, the
meaningful fusion results we’ve delivered over two decades, our practical MTF approach, and the progress of our current program
with our operational large-scale fusion demonstration machine LM26.”
Announced on January 22, 2026, General
Fusion’s Proposed Business Combination pursuant to that certain definitive business combination agreement, dated January 21, 2026
(the “Business Combination Agreement”), is expected to result in General Fusion becoming a publicly listed company on Nasdaq
under the ticker symbol “GFUZ.” Upon closing, General Fusion expects to become the first publicly traded pure-play fusion
company, advancing its mission to bring practical, cost-efficient fusion energy to the grid. The Proposed Business Combination is targeted
to close in mid-2026, subject to customary closing conditions, including regulatory and shareholder approvals. The Registration Statement
includes a preliminary proxy statement/prospectus and has not yet been declared effective by the SEC. The Registration Statement may
be amended or supplemented from time to time, and the information contained therein is subject to change.
Quick Facts:
| · | General Fusion’s MTF is
designed to solve significant barriers to fusion energy, which comes at a critical time as demand for electricity is surging and nations
around the world race to commercialize fusion power. |
| · | As a technology, MTF is intended
to achieve fusion in a practical way, avoiding superconducting magnets and high-powered lasers, and enabling the use of existing materials
for durable machines that would produce cost-effective energy. |
| · | In early 2025, General Fusion
announced that it had designed, built, and begun operating its world-first LM26 fusion demonstration machine in under two years. LM26
is the first MTF demonstration machine to be built at a commercially relevant scale. It mechanically compresses plasma with a lithium
liner at 50% commercial-scale diameter. |
| · | LM26 aims to achieve key fusion
technical milestones: plasma heating to 1 keV (10 million degrees Celsius), then 10 keV (100 million degrees Celsius), and ultimately
the Lawson criterion—the combination of fusion parameters that can produce net fusion energy in the plasma. |
About General Fusion
General Fusion is pursuing a fast and practical
approach to commercial fusion energy and is headquartered in Vancouver, Canada. The Company was established in 2002 and is funded by
a global syndicate of leading energy venture capital firms, industry leaders, and technology pioneers. Learn more at www.generalfusion.com.
General Fusion announced in January 2026 that it plans to go public through the Proposed Business Combination with Spring Valley Acquisition
Corp. III (NASDAQ: SVAC).
About Spring Valley Acquisition Corp. III
Spring Valley Acquisition Corp. III is a part
of a family of investment vehicles formed for the purpose of acquiring or merging with a business focused on the power infrastructure
and decarbonization sectors. Over the past 5 years, Spring Valley has raised $920 million in four IPOs. Spring Valley I successfully
completed its business combination with NuScale Power (NYSE: SMR), a leading U.S. small modular reactor (“SMR”) technology
company, and Spring Valley II has announced a pending merger with Eagle Energy Metals, a next-generation nuclear energy company with
rights to the largest open pit-constrained measured and indicated uranium deposit in the United States. SVAC maintains a corporate website
at https://sv-ac.com.
Cautionary Note Regarding Forward-Looking Statements
Certain statements included in this document
are not historical facts but are forward-looking statements for purposes of the safe harbor provisions under the United States Private
Securities Litigation Reform Act of 1995. All statements other than statements of historical facts contained in this document are forward-looking
statements. Any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including
any underlying assumptions, are also forward-looking statements. In some cases, you can identify forward-looking statements by words
such as “estimate,” “plan,” “project,” “forecast,” “intend,” “expect,”
“anticipate,” “believe,” “seek,” “strategy,” “future,” “opportunity,”
“may,” “target,” “should,” “will,” “would,” “will be,” “will
continue,” “will likely result,” “preliminary,” or similar expressions that predict or indicate future
events or trends or that are not statements of historical matters, but the absence of these words does not mean that a statement is not
forward-looking. Forward-looking statements include, without limitation, SVAC’s, General Fusion’s, or their respective management
teams’ expectations concerning the Proposed Business Combination and expected benefits or timing thereof; the outlook for General
Fusion’s business, including its ability to commercialize MTF or any other fusion technology on its expected timeline or at all;
statements regarding the current and expected results of General Fusion’s LM26 program; the ability to execute General Fusion’s
strategies, including on any expected timeline or anticipated cost basis; projected and estimated financial performance; anticipated
industry trends; future capital expenditures; government regulation of fusion energy; and environmental risks; as well as any information
concerning possible or assumed future results of operations of General Fusion. The forward-looking statements are based on the current
expectations of the respective management teams of SVAC and General Fusion, as applicable, and are inherently subject to uncertainties
and changes in circumstance and their potential effects. There can be no assurance that future developments will be those that have been
anticipated. These forward-looking statements involve a number of risks, uncertainties or other assumptions that may cause actual results
or performance to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties
include, but are not limited to, (i) the risk that the Proposed Business Combination may not be completed in a timely manner or at all,
which may adversely affect the price of SVAC’s securities; (ii) the failure to satisfy the conditions to the consummation of the
Proposed Business Combination, including the adoption of the Business Combination Agreement by the shareholders of SVAC and the receipt
of regulatory approvals; (iii) market risks; (iv) the occurrence of any event, change or other circumstance that could give rise to the
termination of the Business Combination Agreement; (v) the effect of the announcement or pendency of the Proposed Business Combination
on General Fusion’s business relationships, performance, and business generally; (vi) risks that the Proposed Business Combination
disrupts current plans of General Fusion and potential difficulties in its employee retention as a result of the Proposed Business Combination;
(vii) the outcome of any legal proceedings that may be instituted against General Fusion or SVAC related to the Business Combination
Agreement or the Proposed Business Combination; (viii) failure to realize the anticipated benefits of the Proposed Business Combination;
(ix) the inability to maintain the listing of SVAC’s securities or to meet listing requirements and maintain the listing of the
combined company’s securities on Nasdaq; (x) the risk that the Proposed Business Combination may not be completed by SVAC’s
business combination deadline and the potential failure to obtain an extension of the business combination deadline if sought by SVAC;
(xi) the risk that the price of the combined company’s securities may be volatile due to a variety of factors, including changes
in laws, regulations, technologies, natural disasters, national security tensions, and macro-economic and social environments affecting
its business; (xii) laws and regulations governing General Fusion’s research and development activities, and changes in such laws
and regulations; (xiii) any failure to commercialize MTF on the expected timeline or at all, including any failure to achieve the objectives
of the LM26 program; (xiv) environmental regulations and legislation; (xv) the effects of climate change, extreme weather events, water
scarcity, and seismic events, and the effectiveness of strategies to deal with these issues; (xvi) fluctuations in currency markets;
(xvii) General Fusion’s ability to complete and successfully integrate any future acquisitions; (xviii) increased competition in
the fusion industry; (xix) limited supply of materials and supply chain disruptions; and (xx) the risk that the proposed private placement
of convertible preferred shares and warrants by General Fusion (the “PIPE Financing”) may not be completed, or that other
capital needed by the combined company may not be raised on favorable terms, or at all, including as a result of the restrictions agreed
to in connection with the PIPE Financing. The foregoing list is not exhaustive, and there may be additional risks that neither SVAC nor
General Fusion presently know or that SVAC and General Fusion currently believe are immaterial. You should carefully consider the foregoing
factors, any other factors discussed in this document and the other risks and uncertainties described in the “Risk Factors”
section of SVAC’s final prospectus for its initial public offering, which was filed with the SEC on September 4, 2025 (the “Final
Prospectus”; the risks described in the Registration Statement, which includes a preliminary proxy statement/prospectus, or to
be described in any amendment or supplement thereto ; and those discussed and identified in filings made with the SEC by SVAC from time
to time. General Fusion and SVAC caution you against placing undue reliance on forward-looking statements, which reflect current beliefs
and are based on information currently available as of the date a forward-looking statement is made. Forward-looking statements set forth
in this document speak only as of the date of this document. Neither General Fusion nor SVAC undertakes any obligation to revise forward-looking
statements to reflect future events, changes in circumstances, or changes in beliefs. In the event that any forward-looking statement
is updated, no inference should be made that General Fusion or SVAC will make additional updates with respect to that statement, related
matters, or any other forward-looking statements. Any corrections or revisions and other important assumptions and factors that could
cause actual results to differ materially from forward-looking statements, including discussions of significant risk factors, may appear,
up to the consummation of the Proposed Business Combination, in SVAC’s public filings with the SEC, which are or will be (as applicable)
accessible at www.sec.gov, and which you are advised to review carefully.
Important Information for Investors and Shareholders
In connection with the Proposed Business Combination,
SVAC filed with the SEC the Registration Statement, which includes a preliminary prospectus with respect to SVAC’s securities to
be issued in connection with the Proposed Business Combination and a preliminary proxy statement in connection with SVAC’s solicitation
of proxies for the vote by SVAC’s shareholders with respect to the Proposed Business Combination and other matters described in
the Registration Statement (the “Proxy Statement”). After the SEC declares the Registration Statement effective, SVAC plans
to file the definitive Proxy Statement with the SEC and to mail copies to SVAC’s shareholders as of a record date to be established
for voting on the Proposed Business Combination. This document does not contain all the information that should be considered concerning
the Proposed Business Combination and is not a substitute for the Registration Statement, Proxy Statement or for any other document that
SVAC has filed or may file with the SEC. Before making any investment or voting decision, investors and security holders of SVAC and
General Fusion are urged to read the Registration Statement and the Proxy Statement, and any amendments or supplements thereto, as well
as all other relevant materials filed or that will be filed with the SEC in connection with the Proposed Business Combination as they
become available because they will contain important information about General Fusion, SVAC and the Proposed Business Combination. Investors
and security holders are able to obtain free copies of the Registration Statement, the Proxy Statement and all other relevant documents
filed or that will be filed with the SEC by SVAC through the website maintained by the SEC at www.sec.gov. In addition, the
documents filed by SVAC may be obtained free of charge from SVAC’s website at https://sv-ac.com or by directing
a request to Spring Valley Acquisition Corp. III, Attn: Corporate Secretary, 2100 McKinney Avenue, Suite 1675, Dallas, Texas 75201. The
information contained on, or that may be accessed through, the websites referenced in this document is not incorporated by reference
into, and is not a part of, this document.
Participants in the Solicitation
General Fusion, SVAC and their respective directors,
executive officers and other members of management and employees may, under the rules of the SEC, be deemed to be participants in the
solicitations of proxies from SVAC’s shareholders in connection with the Proposed Business Combination. For more information about
the names, affiliations and interests of SVAC’s directors and executive officers, please refer to the Final Prospectus and the Registration
Statement, Proxy Statement and other relevant materials filed or to be filed with the SEC in connection with the Proposed Business Combination
when they become available. Additional information regarding the participants in the proxy solicitation and a description of their direct
and indirect interests, which may, in some cases, be different than those of SVAC’s shareholders generally, will be included in
the Registration Statement and the Proxy Statement, when they become available. Shareholders, potential investors and other interested
persons should read the Registration Statement and the Proxy Statement carefully, when they become available, before making any voting
or investment decisions. You may obtain free copies of these documents from the sources indicated above.
No Offer or Solicitation
This document shall not constitute a “solicitation”
as defined in Section 14 of the Securities Exchange Act of 1934, as amended. This document shall not constitute an offer to sell or exchange,
the solicitation of an offer to buy or a recommendation to purchase, any securities, or a solicitation of any vote, consent or approval,
nor shall there be any sale, issuance or transfer of securities in any jurisdiction in which such offer, solicitation or sale may be unlawful
under the laws of such jurisdiction. No offering of securities in the Proposed Business Combination shall be made except by means of a
prospectus meeting the requirements of the Securities Act of 1933, as amended, or an exemption therefrom.
Investor Relations Contact:
You can contact General Fusion’s Investor Relations team by
email at: investors@generalfusion.com.
If you are based in North America, you may also
leave a toll-free voicemail at +1 (833) 717-1519. Callers outside North America can reach us at +1 (236) 253-6968.
Media Relations Contact:
media@generalfusion.com
1-866-904-0995
***
Additional Information and Where to Find It
In connection with the Proposed Business Combination,
SVAC filed with the SEC the Registration Statement, which includes a preliminary prospectus with respect to SVAC’s securities to
be issued in connection with the Proposed Business Combination and a preliminary proxy statement in connection with SVAC’s solicitation
of proxies for the vote by SVAC’s shareholders with respect to the Proposed Business Combination and other matters to be described
in the Registration Statement (the “Proxy Statement”). After the SEC declares the Registration Statement effective, SVAC plans
to file the definitive Proxy Statement with the SEC and to mail copies to SVAC’s shareholders as of a record date to be established
for voting on the Proposed Business Combination. This document does not contain all the information that should be considered concerning
the Proposed Business Combination and is not a substitute for the Registration Statement, Proxy Statement or for any other document that
SVAC has filed or may file with the SEC. Before making any investment or voting decision, investors and security holders of SVAC and General
Fusion are urged to read the Registration Statement and the Proxy Statement, and any amendments or supplements thereto, as well as all
other relevant materials filed or that will be filed with the SEC in connection with the Proposed Business Combination as they become
available because they will contain important information about General Fusion, SVAC and the Proposed Business Combination. Investors
and security holders are able to obtain free copies of the Registration Statement, the Proxy Statement and all other relevant documents
filed or that will be filed with the SEC by SVAC through the website maintained by the SEC at www.sec.gov. In addition, the documents
filed by SVAC may be obtained free of charge from SVAC’s website at https://.sv-ac.com or by directing a request to Spring Valley
Acquisition Corp. III, Attn: Corporate Secretary, 2100 McKinney Avenue, Suite 1675, Dallas, Texas 75201. The information contained
on, or that may be accessed through, the websites referenced in this document is not incorporated by reference into, and is not a part
of, this document.
Participants in the Solicitation
General Fusion, SVAC and their respective directors,
executive officers and other members of management and employees may, under the rules of the SEC, be deemed to be participants in
the solicitations of proxies from SVAC’s shareholders in connection with the Proposed Business Combination. For more information
about the names, affiliations and interests of SVAC’s directors and executive officers, please refer to the Final Prospectus and
the Registration Statement, Proxy Statement and other relevant materials filed or to be filed with the SEC in connection with the Proposed
Business Combination when they become available. Additional information regarding the participants in the proxy solicitation and a description
of their direct and indirect interests, which may, in some cases, be different than those of SVAC’s shareholders generally, will
be included in the Registration Statement and the Proxy Statement, when they become available. Shareholders, potential investors and other
interested persons should read the Registration Statement and the Proxy Statement carefully, when they become available, before making
any voting or investment decisions. You may obtain free copies of these documents from the sources indicated above.
No Offer or Solicitation
This document shall not constitute a “solicitation”
as defined in Section 14 of the Securities Exchange Act of 1934, as amended. This document shall not constitute an offer to sell
or exchange, the solicitation of an offer to buy or a recommendation to purchase, any securities, or a solicitation of any vote, consent
or approval, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in which such offer, solicitation or
sale may be unlawful under the laws of such jurisdiction. No offering of securities in the Proposed Business Combination shall be made
except by means of a prospectus meeting the requirements of the Securities Act of 1933, as amended, or an exemption therefrom.
Cautionary Note Regarding Forward-Looking Statements
Certain statements included in this document are
not historical facts but are forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities
Litigation Reform Act of 1995. All statements other than statements of historical facts contained in this document are forward-looking
statements. Any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including
any underlying assumptions, are also forward-looking statements. In some cases, you can identify forward-looking statements by words such
as “estimate,” “plan,” “project,” “forecast,” “intend,” “expect,”
“anticipate,” “believe,” “seek,” “strategy,” “future,” “opportunity,”
“may,” “target,” “should,” “will,” “would,” “will be,” “will
continue,” “will likely result,” “preliminary,” or similar expressions that predict or indicate future events
or trends or that are not statements of historical matters, but the absence of these words does not mean that a statement is not forward-looking.
Forward-looking statements include, without limitation, SVAC’s, General Fusion’s, or their respective management teams’
expectations concerning the Proposed Business Combination and expected benefits or timing thereof; the outlook for General Fusion’s
business, including its ability to commercialize MTF or any other fusion technology on its expected timeline or at all; statements regarding
the current and expected results of General Fusion’s LM26 program; the ability to execute General Fusion’s strategies, including
on any expected timeline or anticipated cost basis; projected and estimated financial performance; anticipated industry trends; future
capital expenditures; government regulation of fusion energy; and environmental risks; as well as any information concerning possible
or assumed future results of operations of General Fusion. The forward-looking statements are based on the current expectations of the
respective management teams of SVAC and General Fusion, as applicable, and are inherently subject to uncertainties and changes in circumstance
and their potential effects. There can be no assurance that future developments will be those that have been anticipated. These forward-looking
statements involve a number of risks, uncertainties or other assumptions that may cause actual results or performance to be materially
different from those expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited
to, (i) the risk that the Proposed Business Combination may not be completed in a timely manner or at all, which may adversely affect
the price of SVAC’s securities; (ii) the failure to satisfy the conditions to the consummation of the Proposed Business Combination,
including the adoption of the Business Combination Agreement by the shareholders of SVAC and the receipt of regulatory approvals; (iii) market
risks; (iv) the occurrence of any event, change or other circumstance that could give rise to the termination of the Business Combination
Agreement; (v) the effect of the announcement or pendency of the Proposed Business Combination on General Fusion’s business
relationships, performance, and business generally; (vi) risks that the Proposed Business Combination disrupts current plans of General
Fusion and potential difficulties in its employee retention as a result of the Proposed Business Combination; (vii) the outcome of
any legal proceedings that may be instituted against General Fusion or SVAC related to the Business Combination Agreement or the Proposed
Business Combination; (viii) failure to realize the anticipated benefits of the Proposed Business Combination; (ix) the inability
to maintain the listing of SVAC’s securities or to meet listing requirements and maintain the listing of the combined company’s
securities on Nasdaq; (x) the risk that the Proposed Business Combination may not be completed by SVAC’s business combination
deadline and the potential failure to obtain an extension of the business combination deadline if sought by SVAC; (xi) the risk that
the price of the combined company’s securities may be volatile due to a variety of factors, including changes in laws, regulations,
technologies, natural disasters, national security tensions, and macro-economic and social environments affecting its business; (xii) laws
and regulations governing General Fusion’s research and development activities, and changes in such laws and regulations; (xiii) any
failure to commercialize MTF on the expected timeline or at all, including any failure to achieve the objectives of the LM26 program;
(xiv) environmental regulations and legislation; (xv) the effects of climate change, extreme weather events, water scarcity,
and seismic events, and the effectiveness of strategies to deal with these issues; (xvi) fluctuations in currency markets; (xvii) General
Fusion’s ability to complete and successfully integrate any future acquisitions; (xviii) increased competition in the fusion
industry; (xix) limited supply of materials and supply chain disruptions; and (xx) the risk that the PIPE Financing may not
be completed, or that other capital needed by the combined company may not be raised on favorable terms, or at all, including as a result
of the restrictions agreed to in connection with the PIPE Financing. The foregoing list is not exhaustive, and there may be additional
risks that neither SVAC nor General Fusion presently know or that SVAC and General Fusion currently believe are immaterial. You should
carefully consider the foregoing factors, any other factors discussed in this document and the other risks and uncertainties described
in the “Risk Factors” section of the Final Prospectus and the risks described in the Registration Statement, which includes
a preliminary proxy statement/prospectus, or to be described in any amendment or supplement thereto; and those discussed and identified
in filings made with the SEC by SVAC from time to time. General Fusion and SVAC caution you against placing undue reliance on forward-looking
statements, which reflect current beliefs and are based on information currently available as of the date a forward-looking statement
is made. Forward-looking statements set forth in this document speak only as of the date of this document. Neither General Fusion nor
SVAC undertakes any obligation to revise forward-looking statements to reflect future events, changes in circumstances, or changes in
beliefs. In the event that any forward-looking statement is updated, no inference should be made that General Fusion or SVAC will make
additional updates with respect to that statement, related matters, or any other forward-looking statements. Any corrections or revisions
and other important assumptions and factors that could cause actual results to differ materially from forward-looking statements, including
discussions of significant risk factors, may appear, up to the consummation of the Proposed Business Combination, in SVAC’s public
filings with the SEC, which are or will be (as applicable) accessible at www.sec.gov, and which you are advised to review carefully.