Spring Valley Acquisition Corp. III received a Schedule 13G from its sponsor and an executive reporting a large ownership position. Spring Valley Acquisition III Sponsor, LLC holds 7,546,667 Class B ordinary shares, which equal 24.7% of the Class A ordinary shares on an as-converted basis.
The Class B shares convert into Class A shares on a one-for-one basis in connection with, or after, the company’s initial business combination, or earlier at the holder’s option, and have no expiration date. Managing member Christopher Sorrells may be deemed a beneficial owner through the sponsor but disclaims ownership beyond his pecuniary interest.
Positive
None.
Negative
None.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
Spring Valley Acquisition Corp. III
(Name of Issuer)
Class A Ordinary Shares, par value $0.0001 per share
(Title of Class of Securities)
G8377R101
(CUSIP Number)
09/03/2025
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
SCHEDULE 13G
CUSIP No.
G8377R101
1
Names of Reporting Persons
Spring Valley Acquisition III Sponsor, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
7,546,667.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
7,546,667.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
7,546,667.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
24.7 %
12
Type of Reporting Person (See Instructions)
OO
SCHEDULE 13G
CUSIP No.
G8377R101
1
Names of Reporting Persons
Christopher Sorrells
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
7,546,667.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
7,546,667.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
7,546,667.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
24.7 %
12
Type of Reporting Person (See Instructions)
IN
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Spring Valley Acquisition Corp. III
(b)
Address of issuer's principal executive offices:
2100 McKinney Ave., Suite 1675, Dallas, TX 75201
Item 2.
(a)
Name of person filing:
This statement is filed on behalf of each of the following persons (collectively, the "Reporting Persons"):
(i) Spring Valley Acquisition III Sponsor, LLC
(ii) Christopher Sorrells
(b)
Address or principal business office or, if none, residence:
The principal business address of each of the Reporting Persons is 2100 McKinney Ave., Suite 1675, Dallas, TX 75201.
(c)
Citizenship:
Spring Valley Acquisition Corp. III is a Delaware limited liability company, and Christopher Sorrells is a citizen of the United States of America.
(d)
Title of class of securities:
Class A Ordinary Shares, par value $0.0001 per share
(e)
CUSIP No.:
G8377R101
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
The information required by Items 4(a) - (c) is set forth in Rows (5) - (11) of the cover page for each Reporting Person and is incorporated herein by reference for each Reporting Person.
Spring Valley Acquisition III Sponsor, LLC (the "Sponsor") holds 7,546,667 Class B ordinary shares, par value $0.0001 per share, of the Issuer (the "Class B Shares"), representing 24.7% of the outstanding Class A Shares, on an as-converted basis. The Class B Shares will automatically convert into Class A Shares concurrently with or immediately following the consummation of the Issuer's initial business combination, or earlier at the option of the holder, on a one-for-one basis, subject to adjustment as set forth in the Issuer's registration statement on Form S-1 (File No. 333-289294) and have no expiration date.
The securities described above are held directly by the Sponsor. Christopher Sorrells is the managing member of our Sponsor, therefore, he may be deemed to have beneficial ownership of the securities held directly by the Sponsor. Mr. Sorrells also has an economic interest in the Sponsor. Mr. Sorrells disclaims any beneficial ownership of the securities held by the Sponsor other than to the extent of his pecuniary interest therein.
The aggregate percentage of Class A Shares beneficially owned by each of the Reporting Persons is calculated based upon 23,000,000 Class A Shares outstanding as of November 12, 2025, as reported by the Issuer in its Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 13, 2025, adjusted for the Class A Shares issuable upon conversion of the Class B Shares held by the Sponsor.
(b)
Percent of class:
See 4(a)
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
See 4(a)
(ii) Shared power to vote or to direct the vote:
See 4(a)
(iii) Sole power to dispose or to direct the disposition of:
See 4(a)
(iv) Shared power to dispose or to direct the disposition of:
See 4(a)
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
Not Applicable
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
What ownership stake in SVAC does the sponsor report on this Schedule 13G?
The sponsor reports beneficial ownership of 7,546,667 Class B ordinary shares, representing 24.7% of Spring Valley Acquisition Corp. III’s Class A shares on an as-converted basis. This percentage is calculated against 23,000,000 Class A shares outstanding as of November 12, 2025.
Who are the reporting persons in the SVAC Schedule 13G filing?
The filing is made on behalf of Spring Valley Acquisition III Sponsor, LLC and Christopher Sorrells. The sponsor directly holds the Class B shares, while Sorrells, as managing member with an economic interest, may be deemed a beneficial owner but disclaims ownership beyond his pecuniary interest.
What securities are covered in the SVAC Schedule 13G and how do they convert?
The filing covers Class B ordinary shares, par value $0.0001 per share, of Spring Valley Acquisition Corp. III. These Class B shares automatically convert into Class A shares on a one-for-one basis at or after the initial business combination, or earlier at the holder’s option, with no expiration date.
How was the 24.7% ownership percentage in SVAC calculated in this filing?
The 24.7% figure reflects the Class A shares issuable upon conversion of the 7,546,667 Class B shares compared with 23,000,000 Class A shares outstanding as of November 12, 2025. That outstanding share count comes from Spring Valley Acquisition Corp. III’s Form 10-Q filed November 13, 2025.
What voting and dispositive power over SVAC shares is reported in the Schedule 13G?
Both the sponsor and Christopher Sorrells report shared voting power and shared dispositive power over 7,546,667 shares, with no sole voting or dispositive power. This means decisions about voting and selling those shares are made jointly as described in the filing’s ownership section.
What is the significance of the Class B shares for SVAC’s future capital structure?
The 7,546,667 Class B shares will convert into Class A shares in connection with, or after, the initial business combination, or earlier at the holder’s option. This conversion means the sponsor’s 24.7% as-converted stake will become part of the public Class A float post-combination.