{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-005601","form_type":"8-K","ticker":"SVAC","cik":"0002074850","company_name":"Spring Valley Acquisition Corp. III","filed_at":"2026-01-22T23:59:59+00:00","discovered_at":"2026-05-14T18:02:37.168049+00:00","generated_at":"2026-05-16T09:02:45.233683+00:00","sec_items":["7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"General Fusion to go public via SPAC merger with Spring Valley at ~$1B pro-forma equity value","bullets":["Definitive Business Combination Agreement signed Jan. 21, 2026; ~$1B pro-forma equity value inclusive of $105M oversubscribed PIPE and $230M trust capital (assuming no redemptions).","General Fusion's LM26 fusion demonstration machine is operating, compressing plasma at 50% commercial-scale diameter; key milestones include 1 keV and Lawson criterion.","Company has raised >$400M to date, holds 210 patents, and is one of only four private firms with published peer-reviewed fusion results.","Transaction unanimously approved by both boards; expected to close mid-2026; combined company to list on Nasdaq as GFUZ."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-005601","json":"https://secwatch.observer/filing/0001104659-26-005601.json","markdown":"https://secwatch.observer/filing/0001104659-26-005601.md","text":"https://secwatch.observer/filing/0001104659-26-005601.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2074850/000110465926005601/0001104659-26-005601-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2074850/000110465926005601/tm263812d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T09:02:45.233683+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}