{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-063244","form_type":"8-K","ticker":"SVAC","cik":"0002074850","company_name":"Spring Valley Acquisition Corp. III","filed_at":"2026-05-18T20:40:57+00:00","discovered_at":"2026-05-18T20:42:00.203275+00:00","generated_at":"2026-05-18T20:42:54.426191+00:00","sec_items":["1.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"SVIII amends merger agreement with General Fusion; redemption timing changed, equity plan set at 15%","bullets":["SPAC redemption will occur immediately prior to SPAC continuation into British Columbia, rather than at closing.","Total SPAC common shares initially reserved under SPAC Equity Incentive Plan set at 15% of shares outstanding post-closing.","Updated SPAC Closing Articles and Plan of Arrangement attached as new exhibits to the Amended Agreement.","PIPE Financing and other transaction steps reordered; SPAC Continuation to occur after redemption but one business day before closing.","Amendment effective upon execution; closing conditions now include occurrence of SPAC Redemption."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-063244","json":"https://secwatch.observer/filing/0001104659-26-063244.json","markdown":"https://secwatch.observer/filing/0001104659-26-063244.md","text":"https://secwatch.observer/filing/0001104659-26-063244.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2074850/000110465926063244/0001104659-26-063244-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2074850/000110465926063244/tm2614919d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T20:42:54.426191+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":[{"claim_id":"d850b0f04d64ff630c91ed74f0bae22c61f30c18","claim":"Spring Valley Acquisition Corp. III amended Amendment No. 1 to Business Combination Agreement with General Fusion Inc. valued at Amendment No. 1 to Business Combination Agreement provides, among other things, that (1) the redempt (effective 2026-05-12).","evidence_excerpt":"On May 12, 2026, SVIII, NewCo and General Fusion entered into Amendment No. 1 to Business Combination Agreement (as the same may be further amended, supplemented or otherwise modified from time to time, the “ Amended Business Combination Agreement ”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/2074850/000110465926063244/0001104659-26-063244-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"merger"},{"label":"Counterparty","value":"General Fusion Inc."},{"label":"Value","value":"Amendment No. 1 to Business Combination Agreement provides, among other things, that (1) the redempt"},{"label":"Effective","value":"2026-05-12"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}