Business Context and Reporting Period
This Form 8-K reports the consummation of the initial public offering (IPO) by Spring Valley Acquisition Corp. IV, a Cayman Islands exempted company and emerging growth company. The reporting date is February 9, 2026, with the offering closing on February 11, 2026. The Company is a special purpose acquisition company (SPAC) formed to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses.
Key Financial Metrics
- Gross Proceeds (Public Offering): $230,000,000 from the sale of 23,000,000 Units at $10.00 per Unit (including 3,000,000 Units from the full exercise of the underwriters' over-allotment option).
- Gross Proceeds (Private Placement): $6,341,500 from the sale of 7,046,111 Private Placement Warrants (4,490,555 to the Sponsor and 2,555,556 to Representatives) at $0.90 per warrant.
- Trust Account Balance: $230,000,000 deposited into a trust account for the benefit of public shareholders.
- Warrant Exercise Price: $11.50 per share.
- Debt and Liquidity: The filing does not provide specific data on existing debt or operating cash flows, as the Company is a newly formed SPAC. Liquidity is primarily derived from the IPO proceeds held in trust and the private placement proceeds.
Material Changes
As this is the Company's initial public offering, there are no prior comparable periods for financial comparison. The material change is the transition from a private entity to a public company with $230,000,000 in trust capital and the establishment of a public trading market for its Units (SVIVU), Class A ordinary shares (SVIV), and Warrants (SVIVW) on The Nasdaq Stock Market LLC.
Outlook, Risks, and Contingencies
- Completion Window: The Company must complete an initial business combination by September 5, 2027, or such earlier date as approved by the board. If not completed, the Company will redeem 100% of Public Shares.
- Trust Account Restrictions: Funds in the Trust Account are generally not released until the completion of a business combination or a redemption event. The Company may withdraw up to 5% of interest earned to fund working capital or pay taxes.
- Private Placement Warrants: These warrants are subject to transfer restrictions until 30 days after the initial business combination and have specific exercise limitations for underwriters under FINRA Rule 5110(g)(8).
- Corporate Governance: The Board of Directors now consists of Christopher Sorrells, David Buzby, Debora Frodl, and Richard Thompson. Indemnity agreements have been executed for directors and officers.
Investor Verification Checklist
- Verify the final closing date and the exact amount of funds remaining in the Trust Account after deducting any underwriting discounts or commissions (not explicitly detailed in this summary).
- Confirm the specific terms of the over-allotment option exercise and the total number of shares outstanding post-IPO.
- Review the Amended and Restated Memorandum and Articles of Association (Exhibit 3.1) for specific redemption rights and amendment procedures.
- Examine the Underwriting Agreement (Exhibit 1.1) for details on underwriting discounts, commissions, and lock-up periods.
- Monitor the Company's progress toward identifying a target business within the 18-month window (by September 5, 2027).