secwatch.observer — SEC 8-K summary
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Issuer:     Spring Valley Acquisition Corp. II (—)
CIK:        0001843477
Form:       8-K
Filed at:   2024-01-17T23:59:59+00:00
Accession:  0001104659-24-004552
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 3.03, 5.03, 5.07, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Spring Valley Acquisition Corp. II extends business combination deadline to 36 months; ~$90.7M in redemptions
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- Shareholders approved extension of deadline from 15 to 36 months post-IPO, to January 2026.
- Sponsor will contribute $150,000 per month to trust via unsecured, non-interest bearing promissory note.
- Holders of 8,362,234 Class A shares redeemed for ~$10.85/share, totaling ~$90.7M.
- Trust account has ~$158.8M remaining with 14,637,766 Class A shares outstanding.
- Richard Thompson and Sharon Youngblood elected as Class I directors.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1843477/000110465924004552/0001104659-24-004552-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1843477/000110465924004552/tm243445d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-004552

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer