secwatch.observer — SEC 8-K summary
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Issuer:     Spring Valley Acquisition Corp. II (—)
CIK:        0001843477
Form:       8-K
Filed at:   2024-11-14T23:59:59+00:00
Accession:  0001104659-24-119222
Event type: other_material
Sentiment:  negative
Materiality: 0.70
Item codes: 1.01, 5.03, 5.07, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SVII shareholders approve extension to 36 months; ~12.4M shares redeemed, trust drops to $25M
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- Extension Amendment approved with 19,768,171 votes for, 477,482 against.
- Holders of 12,424,337 Class A shares redeemed at ~$11.43/share for approx. $142M total.
- Trust account reduced to ~$25.1M; 9,880,095 Class A shares remain outstanding.
- Sponsor entered non-redemption agreements covering 2,075,000 shares; will transfer 691,666 founder shares.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1843477/000110465924119222/0001104659-24-119222-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1843477/000110465924119222/tm2427854d3_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-119222

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