What is the anticipated timeline and target criteria for the SPAC’s business combination, and which industries or assets are being considered?

Timeline & Target Criteria – The prospectus for Spring Valley Acquisition Corp. III (SVACU) does not spell out a concrete deadline for a business combination, but as a “blank‑check” company it will be subject to the standard SPAC timetable: the board must consummate a merger, share‑exchange or asset‑purchase within 24 months of the IPO closing (i.e., by early September 2027) or return the capital to shareholders. The filing also notes that the combination must satisfy the “target‑criteria” typically required for a Nasdaq‑listed SPAC, which includes: (i) a minimum enterprise value in the low‑hundreds‑of‑millions of dollars (often $300‑$500 mm or higher), (ii) a cash‑flow positive or rapidly scaling revenue base, and (iii) a management team with a proven track record that can meet the SPAC’s public‑market reporting and corporate‑governance standards.

Industries / Assets Under Consideration – The IPO press release does not name any specific sectors or assets. However, Spring Valley’s sponsor historically targets high‑growth, capital‑intensive verticals such as technology‑enabled services, renewable‑energy infrastructure, and specialty manufacturing. In practice, the SPAC will likely scan for companies that can leverage the $200 million IPO proceeds plus the warrant‑exercise pool to fund scale‑up, strategic acquisitions, or debt reduction. Traders should monitor the company’s Form S‑4 filings and any “target‑identification” press releases over the next 3‑6 months, as the market will price in the sector exposure once a definitive target is disclosed. In the meantime, the stock is likely to trade in a high‑volatility, “speculative” range (typically $9‑$12) until a combination is announced, offering short‑term opportunities for risk‑adjusted swing trades but also warranting tight stop‑losses given the binary nature of SPAC outcomes.