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Spring Valley Acquisition Corp. III Announces Pricing of $200 Million Initial Public Offering

Sentiment:Neutral (45)

Summary

(NASDAQ:SVACU) DALLAS, Sept. 04, 2025 (GLOBE NEWSWIRE) -- Spring Valley Acquisition Corp. III (the “Company”), a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, announced the pricing of its initial public offering of 20,000,000 units at a price of $10.00 per unit on September 3, 2025. The units are expected to be listed for trading on the Nasdaq Global Market under the ticker symbol “SVACU” beginning September 4, 2025. Each unit consists of one Class A ordinary share and one-third of one redeemable warrant of the Company. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share, subject to certain adjustments. Once the securities comprising the units begin separate trading, the Company expects that its Class A ordinary shares and warrants will be listed on the Nasdaq Global Market under the symbol

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Article published on September 4, 2025 by globenewswire