Spring Valley Acquisition Corp. IV closes $230 million IPO; funds placed in trust
Spring Valley Acquisition Corp. IV, a blank check company, completed its initial public offering of 23,000,000 units at $10.00 per unit on February 11, 2026, for gross proceeds of $230 million. The full $230 million, or $10.00 per unit, was placed in a trust account for public shareholders, and the company has until 24 months from the offering closing to complete a business combination.
Key points
- 23,000,000 units sold at $10.00 each, including 3,000,000 units from the full exercise of the underwriters' over-allotment option
- Private placement of 7,046,111 warrants at $0.90 each, for gross proceeds of $6,341,500
- $230 million placed in trust; deferred underwriting fee payable of $9,200,000
- Company has 24 months from the offering closing to complete a business combination, or it must redeem public shares
The filing
Written by AI on Nov 9, 2026, 11:48 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 18, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.