Group 1 - The Company, Silicon Valley Acquisition Corp., closed its initial public offering (IPO) of 20,000,000 units at a price of $10.00 per unit, resulting in total gross proceeds of $200,000,000 before expenses [1] - The units began trading on Nasdaq under the ticker symbol "SVAQU" on December 23, 2025, with each unit consisting of one Class A ordinary share and one-half of one redeemable public warrant [2] - The Company was formed to pursue business combinations in various sectors, focusing on fintech, crypto/digital assets, AI-driven infrastructure, energy transition, auto/mobility, technology, consumer, healthcare, and mining industries [3] Group 2 - Clear Street LLC acted as the lead book-running manager for the IPO and has been granted a 45-day option to purchase up to 3,000,000 additional units to cover over-allotments [4] - A registration statement for the securities was declared effective on December 22, 2025, and the public offering was made only by means of a prospectus [5]

PALO ALTO, Calif., Dec. 22, 2025 (GLOBE NEWSWIRE) -- Silicon Valley Acquisition Corp. (the “Company”) announced the pricing of its initial public offering of 20,000,000 units at a price of $10.00 per unit on December 22, 2025. The units are expected to be listed for trading on the Nasdaq Stock Market LLC under the ticker symbol “SVAQU” beginning December 23, 2025. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant of the Company. Each whole warrant entitles the holder th ...