Director at Spring Valley (SVIIR) swaps 40K shares in Eagle merger
Rhea-AI Filing Summary
Spring Valley Acquisition Corp. II director Richard James Thompson reported an automatic disposition of 40,000 Class A ordinary shares. The shares were disposed of at a stated price of $0.0000 per share as a disposition to the issuer, reducing his direct holdings to zero shares.
According to a footnote, the shares were exchanged automatically for common stock of Eagle Nuclear Energy Corp. ("New Eagle") in connection with the consummation of a business combination under an Amended and Restated Agreement and Plan of Merger dated September 29, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 40,000 shares
Net Sell
1 txn
Insider
THOMPSON RICHARD JAMES
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Class A ordinary shares | 40,000 | $0.00 | $0.00 |
Holdings After Transaction:
Class A ordinary shares — 0 shares (Direct)
Footnotes (1)
- F1. Disposed of in an automatic exchange for shares of common stock of Eagle Nuclear Energy Corp. ("New Eagle") in connection with the consummation of the business combination pursuant to that certain Amended and Restated Agreement and Plan of Merger, dated as of September 29, 2025, by and among New Eagle, Spring Valley Acquisition Corp. II, Eagle Energy Metals Corp., Spring Valley Merger Sub III, Inc., and Spring Valley Merger Sub II, Inc.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Richard James Thompson report for SVIIR?
Richard James Thompson reported disposing of 40,000 Class A ordinary shares of Spring Valley Acquisition Corp. II. The disposition occurred through an automatic exchange tied to a business combination with Eagle Nuclear Energy Corp., rather than an open-market trade, and was recorded at $0.0000 per share.
Was the SVIIR insider transaction an open-market sale or part of a merger exchange?
The insider transaction was part of a merger-related exchange, not an open-market sale. The 40,000 shares were automatically exchanged for common stock of Eagle Nuclear Energy Corp. when a business combination closed under a detailed Amended and Restated Agreement and Plan of Merger.
What is the transaction code and description on this SVIIR Form 4?
The filing lists transaction code "D," described as a disposition to the issuer. This code indicates the 40,000 Class A ordinary shares were surrendered in a non-market transaction, consistent with the automatic exchange triggered by the business combination with Eagle Nuclear Energy Corp.
What are Richard James Thompson’s Spring Valley (SVIIR) holdings after this transaction?
After the reported transaction, Richard James Thompson directly owns zero Class A ordinary shares of Spring Valley Acquisition Corp. II. The Form 4’s post-transaction line shows total shares following the disposition as 0.0000, reflecting the full exchange of his reported holdings.
How is Eagle Nuclear Energy Corp. involved in this SVIIR insider filing?
Eagle Nuclear Energy Corp. is the merger partner receiving the exchanged equity. The 40,000 Spring Valley Class A ordinary shares were disposed of in an automatic exchange for Eagle Nuclear Energy Corp. common stock when the business combination agreement dated September 29, 2025, was consummated.