Silicon Valley Acquisition Corp. 8-K

What Happened
Silicon Valley Acquisition Corp. announced it consummated its initial public offering on December 24, 2025, selling 20,000,000 units at $10.00 per unit for gross proceeds of $200,000,000. Each Unit includes one Class A ordinary share and one-half of a redeemable warrant (one full warrant buys one share at $11.50, subject to adjustment). On the same date the company completed a private placement of 625,000 units (425,000 to its sponsor and 200,000 to the underwriters’ representative) for $6,250,000. The company placed $200,000,000 of the net proceeds into a trust account maintained for the benefit of public shareholders; Equiniti Trust Company, LLC is the trustee. An audited balance sheet as of December 24, 2025 is filed as Exhibit 99.1 to the Form 8‑K.

Key Details

• 20,000,000 units sold in the public offering at $10.00 per unit → $200,000,000 gross proceeds.
• Private placement: 425,000 units to Silicon Valley Acquisition Sponsor LLC and 200,000 units to Clear Street LLC → $6,250,000 gross.
• $200,000,000 of net proceeds (includes $8,000,000 in deferred underwriting commissions) placed in trust for public shareholders; Equiniti Trust Company, LLC is trustee.
• Each Unit = 1 Class A ordinary share + 1/2 warrant; each full warrant exercisable at $11.50 per share (subject to adjustment).

Why It Matters
For investors, this filing confirms the SPAC has completed its financing and that cash raised is secured in a trust account pending a business combination or redemption. The funds in trust protect public shareholders because they are set aside rather than being available for general corporate use. The warrant coverage and exercise price ($11.50) outline potential future dilution or capital if warrants are exercised. The audited balance sheet (Exhibit 99.1) provides verified financial confirmation of the offering proceeds and trust placement.