Silicon Valley Acquisition Corp. 8-K

What Happened

• Silicon Valley Acquisition Corp. announced that its underwriters partially exercised the 45‑day over‑allotment option and purchased 1,500,000 additional Units on January 7, 2026, generating $15,000,000 of gross proceeds. Each Unit consists of one Class A ordinary share and one‑half of a redeemable warrant (each full Warrant exercisable at $11.50).
• The Company completed its IPO on December 24, 2025, selling 20,000,000 Units at $10.00 each (gross $200,000,000). Substantially concurrently, it completed a private sale of 625,000 private placement Units for $6,250,000. In connection with the over‑allotment closing, the Company sold an additional 30,000 private placement Units to Clear Street for $300,000.
• $15,000,000 of proceeds from the over‑allotment closing was deposited into the Company’s U.S. trust account for the benefit of public shareholders. The Company also filed amendments (dated January 7, 2026) to the Underwriting Agreement and the Private Placement Units Purchase Agreements and issued a press release on January 8, 2026.

Key Details

• IPO originally: 20,000,000 Units at $10.00 per Unit → $200,000,000 gross proceeds (closing Dec 24, 2025).
• Over‑allotment exercised: 1,500,000 Units purchased on Jan 7, 2026 → $15,000,000 gross proceeds.
• Private placements: 625,000 Units ($6,250,000) plus 30,000 Additional Private Placement Units ($300,000) sold to Sponsor and Clear Street.
• Trust deposit: $15,000,000 from the over‑allotment closing placed in the U.S. trust account maintained by Equiniti Trust Company, LLC.

Why It Matters

• The over‑allotment exercise increased total public offering proceeds and raised the amount held in the SPAC trust account by $15 million, which directly affects the funds available to support a potential business combination and redemption mechanics for public shareholders.
• The additional private placement units and the related agreement amendments formalize the allocation of those units and preserve contractual arrangements with the Sponsor and Clear Street; these are material to capitalization and insider holdings but do not change reported operating results. Exhibits to the 8‑K include the agreement amendments and the related press release for more detail.