STOCK TITAN

Silicon Valley Acquisition (SVAQ) 8-K Filings

SVAQ NASDAQ

Here are the 8-K filings from Silicon Valley Acquisition Corp. (SVAQ) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

An 8-K covers material events a company has to report between its quarterly reports, so if you follow SVAQ and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full SVAQ filings page.

Rhea-AI Summary

Silicon Valley Acquisition Corp. (SVAQ) furnished EigenQ’s October 27, 2026 investor-day presentation and transcript about their proposed business combination. Under the agreement, SVAQ would first domesticate from the Cayman Islands to Delaware, and its wholly owned Merger Sub would merge into EigenQ; EigenQ would survive as SVAQ’s wholly owned subsidiary. Closing remains subject to shareholder approvals and other conditions.

EigenQ cited 2025 market figures of $449 billion for compute infrastructure, $269 billion for the U.S. server market and $22 billion for the U.S. federal government. It described its technology as integrated into an HPE ProLiant server, which it called its first product in the market, and outlined OEM and reseller distribution plans. EigenQ said it had not begun product sales or generated revenue as of October 27, 2026; its illustrative forecasts were not based on current customer contracts, purchase orders, backlog, bookings, executed OEM licenses or binding customer commitments, and its revenue-recognition policies were unfinished.

Rhea-AI Summary

Silicon Valley Acquisition Corp. (SVAQ) and EigenQ entered into an agreement for EigenQ to issue subordinated unsecured notes with up to $5,000,000 in aggregate original principal, plus warrants. At the initial closing, EigenQ issued a $2,413,333.33 note and warrants for 201,111 shares at $12.00 per share, against $2,172,000 previously funded by the investor with no additional cash payment. EigenQ may issue up to $2,586,666.67 in additional note principal and warrants for up to 215,555 shares at $12.00, subject to conditions and a mutually agreed closing; aggregate purchase price is capped at $4,500,000.

The notes bear 8% annual interest when paid in cash or 10% when paid in kind, include 30% maturity and 40% event-of-default premiums, and mature April 15, 2027, subject to automatic extension to July 15, 2027 on substantially the same conditions as the secured notes. They are unsecured and subordinated to the secured financing: while secured obligations remain outstanding, principal, premium and redemption payments are generally restricted, and enforcement actions are limited. At the business combination closing, the notes are to be exchanged for PubCo subordinated unsecured convertible notes, and the warrants for PubCo warrants on a one-for-one basis.

Rhea-AI Summary

Silicon Valley Acquisition Corp. (SVAQ) and EigenQ, Inc. publicly filed a Form S-4 registration statement for their proposed business combination. The registration statement includes a preliminary proxy statement/prospectus and has not been declared effective by the SEC. Completion remains subject to SEC effectiveness, required shareholder approvals, applicable listing requirements and other customary closing conditions; it is currently expected in the fourth quarter of 2026.

Under the agreement, SVAQ is expected to domesticate as a Delaware corporation and, after completion, be renamed EigenQ Holdings, Inc.; EigenQ would survive as its wholly owned subsidiary. SVAQ applied to list the post-combination company’s common stock and public warrants on the Nasdaq Global Market under proposed symbols EIGQ and EIGQW, effective upon closing. There is no closing condition requiring the warrants to be listed, and their listing is not assured. EigenQ separately announced approximately $45 million in convertible financing, with approximately half already funded.

Rhea-AI Summary

Silicon Valley Acquisition Corp. (SVAQ), SVAQ Merger Sub Inc. and EigenQ, Inc. entered into a third amendment to their business combination agreement on September 26, 2026. The amendment excludes certain EigenQ warrants issued and to be issued from certain agreement definitions and calculations, and clarifies that each such warrant will be exchanged for one PubCo warrant at the Business Combination Closing.

Under the proposed transaction, SVAQ would domesticate as a Delaware corporation before closing, and SVAQ Merger Sub Inc. would merge into EigenQ, which would continue as SVAQ’s wholly owned subsidiary. The combination will be submitted to SVAQ shareholders for consideration, and a registration statement is expected to be filed with the SEC.

Rhea-AI Summary

Silicon Valley Acquisition Corp. (SVAQ) disclosed an amendment to its Business Combination Agreement with EigenQ, Inc., extending the Outside Date for closing the merger from February 14, 2027 to June 30, 2027, with potential automatic monthly extensions, and clarifying which EigenQ stockholders are subject to registration and lock-up provisions.

EigenQ entered into a ~$45 million committed financing with an institutional investor, consisting of $22.225 million in Initial senior secured notes and an additional $22.225 million in notes expected at business combination closing, each with a 10% original issue discount and exchangeable into five-year PubCo convertible notes bearing 8–10% interest and a $12.00 initial conversion price with anti-dilution resets down to a $5.00 floor. The Investor also receives EigenQ (and post-closing PubCo) warrants for an aggregate 3,704,166 shares at $12.00 and up to 1,000,000 SVAQ founder shares, while EigenQ grants a first-priority security interest over substantially all assets and agrees to stringent financial and operational covenants.

Rhea-AI Summary

Silicon Valley Acquisition Corp. (SVAQ) reported that it and EigenQ, Inc., a quantum technology company and its proposed business combination counterparty, have confidentially submitted a draft registration statement on Form S-4 to the SEC for review. This S-4 relates to the previously announced business combination intended to take EigenQ public via SVAQ.

The transaction, if completed, is expected to create a combined company called EigenQ Holdings, Inc., with securities expected to trade on Nasdaq under the symbol EIGQ, subject to exchange listing approval. Closing of the business combination is currently expected in the fourth quarter of 2026, and remains subject to SEC review and effectiveness of the S-4, approval by SVAQ shareholders and EigenQ stockholders, and other customary closing conditions.

Rhea-AI Summary

Silicon Valley Acquisition Corp. updated its planned merger with EigenQ, Inc. by signing a first amendment to their Business Combination Agreement and a related amendment to the Sponsor Support Agreement. The changes confirm how sponsor-held “Transaction Support Shares” may be used, adjust governance, and refine share mechanics around closing.

The amendments allow up to 2,165,950 sponsor Class B shares to be transferred or forfeited for any purpose related to the Business Combination, in addition to supporting transaction financing. SVAQ clarified that public Class A shares tendered for redemption will be redeemed immediately before its Domestication into Delaware, expanded the future PubCo board from 7 to 9 directors, and set the initial equity incentive plan reserve at approximately 10% of issued and outstanding PubCo common stock on a fully-diluted basis immediately after closing.

Rhea-AI Summary

Silicon Valley Acquisition Corp. entered into a Business Combination Agreement with EigenQ, Inc., under which a wholly owned SVAQ merger subsidiary will merge into EigenQ, making EigenQ a wholly owned subsidiary of SVAQ. Before closing, SVAQ will domesticate from the Cayman Islands to Delaware and its Class A and Class B ordinary shares and warrants will convert into common stock and domesticated warrants on a one-for-one basis.

The merger consideration is based on an Exchange Ratio derived from a $2,930,000,000 value divided by $10.00 per share and EigenQ’s fully diluted shares. SVAQ will offer redemptions to Class A holders and seek shareholder approval through a Form S-4 registration statement and proxy process. The post-closing board will have seven directors designated by EigenQ, and an equity incentive plan is expected to reserve about 10% of fully diluted shares with a 1% annual "evergreen" increase.

Sponsor and company stockholder support agreements commit the SPAC sponsor and a key EigenQ stockholder to vote for the deal, waive certain rights, restrict transfers, and, for the sponsor, make up to 2,165,950 founder shares available to support transaction financing or forfeit a portion if not used. Closing remains subject to customary regulatory, shareholder, listing, and no–material-adverse-effect conditions and the effectiveness of the S-4 registration statement.

Rhea-AI Summary

Silicon Valley Acquisition Corp. announced a definitive Business Combination Agreement with EigenQ Inc., a quantum security and technology company, that would take EigenQ public on Nasdaq under the ticker “EIGQ.” The boards of both SVAQ and EigenQ have unanimously approved the transaction.

The deal values EigenQ at a pro forma enterprise value of approximately $3 billion, with existing EigenQ shareholders expected to roll substantially all of their equity and retain a significant stake in the combined company. No material EigenQ shareholders are expected to sell shares or receive cash at closing.

The combination is expected to provide about $110 million in gross proceeds to EigenQ from a mix of SVAQ trust capital, a potential PIPE, and a planned private placement, supporting expansion of EigenQ’s post‑quantum security platform, AI security capabilities, and global commercialization. Closing is targeted for the fourth quarter of 2026, subject to shareholder approvals, SEC effectiveness of a Form S‑4 registration statement, and other customary conditions.

Rhea-AI Summary

Silicon Valley Acquisition Corp. reported that Chief Operating Officer Madan Menon resigned, effective April 8, 2026. The company stated that his resignation was not due to any disagreement regarding its operations, policies, or practices.

The company’s units, Class A ordinary shares, and warrants continue to trade on The Nasdaq Stock Market LLC under the symbols SVAQU, SVAQ, and SVAQW.