Silicon Valley Acquisition Corp. 8-K

What Happened

• Silicon Valley Acquisition Corp. announced the closing of its initial public offering (SPAC) after the company’s Form S-1 was declared effective on December 22, 2025. On December 24, 2025, the company sold 20,000,000 units at $10.00 per unit for gross proceeds of $200,000,000.
• Each Unit contains one Class A ordinary share (par value $0.0001) and one-half of one redeemable warrant (each whole warrant exercisable for one Class A share at $11.50, subject to adjustment). The company also completed a private placement of 425,000 units to its Sponsor and 200,000 units to the Representative for $6,250,000 in gross proceeds. Equiniti Trust Company, LLC is the warrant agent and trustee of the trust account.

Key Details

• Registration statement declared effective: December 22, 2025; offering closed: December 24, 2025.
• Public offering: 20,000,000 units at $10.00 each = $200,000,000 gross proceeds.
• Private placement: 425,000 units to Sponsor + 200,000 units to Representative = 625,000 units at $10 each = $6,250,000 gross proceeds; private placement exempt from registration under Section 4(a)(2).
• Board appointments effective December 22, 2025: Matt Murphy, Adam Nash, Jackson Fu, and Pankaj Shah; each entered into the insider letter and indemnity agreements.
• Corporate charter update filed December 22, 2025: Amended Articles authorize up to 200,000,000 Class A shares, 20,000,000 Class B shares and 1,000,000 preference shares.
• Trust account: $200,000,000 of the proceeds placed with Equiniti as trustee; funds generally locked until the earliest of (i) completion of an initial business combination, (ii) redemptions if no business combination by December 24, 2027 (or earlier if approved), or (iii) certain shareholder-approved amendments that trigger redemption rights.

Why It Matters

• The filing confirms the SPAC is funded and ready to pursue a business combination: $200M of public offering proceeds are held in trust, which is the primary source of cash for a future merger or acquisition.
• New board members and the amended charter set the governance and capital structure framework going forward. For retail investors, the key points to watch next are the target announcement (initial business combination), any vote on charter extensions or material amendments, and redemption terms when a deal is proposed.