m_and_a
confidence high
sentiment positive
materiality 0.75
Eagle Energy Metals to go public via merger with SPAC Spring Valley II; pro-forma equity value $312M
Spring Valley Acquisition Corp. II
- Eagle has rights to largest mineable US uranium deposit (Aurora, >50M lbs) and proprietary SMR technology.
- Transaction implies $312M pro-forma equity value; no minimum cash condition, increasing closing certainty.
- Institutional investor commits ~$30M in Series A Convertible Preferred at closing.
- Combined company to list as 'Eagle Nuclear Energy Corp.' under ticker 'NUCL' on Nasdaq.
- Targeting close in late 2025; SVII team previously brought NuScale Power public.
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