SVAC News & Events

Spring Valley Acquisition Corp III trading halted, volatility trading pause

Spring Valley Acquisition III announced that its shareholders have approved the previously announced business combination with General Fusion Inc., a leader in the global race to commercialize fusion energy. General Fusion securityholders also voted to approve the transaction at a special meeting held on July 6, 2026. The closing of the transaction is expected to occur on or about Friday, July 10, 2026, subject to regulatory approvals and the satisfaction or waiver of all closing conditions. At the closing, Spring Valley will be renamed "General Fusion Group Ltd." Shortly thereafter, the combined company's shares and warrants are expected to trade on the Nasdaq under the ticker symbols "GFUZ" and "GFUZW," respectively, subject to approval of its listing application.

Spring Valley Acquisition Corp. IV announced that, commencing on or about Monday, March 2, 2026, holders of the units sold in the Company's initial public offering may elect to separately trade the Class A ordinary shares and warrants included in the units. The Class A ordinary shares and warrants that are separated are expected to trade on the Nasdaq Global Market under the symbols "SVIV" and "SVIVW", respectively. Any units not separated will continue to trade on Nasdaq under the symbol "SVIVU". No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Each holder of units will need to have its broker contact Continental Stock Transfer & Trust Company, the Company's transfer agent, in order to separate the units into Class A ordinary shares and warrants.