Business Context and Reporting Period
Company: Spring Valley Acquisition Corp. IV (Cayman Islands exempted company)
Filing Type: Form 8-K (Current Report)
Reporting Date: February 11, 2026
Event: Consummation of Initial Public Offering (IPO) and Private Placement.
Key Financial Metrics
| Metric | Value |
|---|---|
| Units Sold (IPO) | 23,000,000 (including 3,000,000 from full over-allotment exercise) |
| Offering Price per Unit | $10.00 |
| Gross Proceeds (IPO) | $230,000,000 |
| Private Placement Warrants Sold | 7,046,111 (4,490,555 to Sponsor; 2,555,556 to underwriters) |
| Private Placement Price | $0.90 per warrant |
| Gross Proceeds (Private Placement) | $6,341,500 |
| Total Funds in Trust Account | $230,000,000 |
| Deferred Underwriting Commissions | $9,200,000 (included in trust) |
| Warrant Exercise Price | $11.50 per share |
Material Changes
This filing represents the initial capitalization of the company. There is no prior comparable period for revenue or operating profit as the company was formed for the purpose of this offering. The primary material change is the transition from a pre-IPO entity to a public company with $230,000,000 held in trust for potential redemption or business combination.
Outlook, Risks, and Unusual Items
- Trust Account: $230,000,000 is held in a trust account with Continental Stock Transfer & Trust Company for the benefit of public shareholders.
- Emerging Growth Company: The registrant has elected to be treated as an emerging growth company.
- Financial Statements: An audited balance sheet as of February 11, 2026, reflecting these proceeds is filed as Exhibit 99.1.
- Securities Structure: Units consist of one Class A ordinary share and one-fourth of one redeemable warrant. Warrants trade separately under symbol SVIVW.
Investor Verification Checklist
- Verify the full terms of the underwriting agreement and the $9,200,000 deferred commission obligation.
- Review the audited balance sheet (Exhibit 99.1) to confirm the exact cash position and initial working capital outside the trust.
- Confirm the specific redemption rights and conditions attached to the Class A ordinary shares.
- Check the status of the over-allotment option (noted as fully exercised in this filing).