secwatch.observer — SEC 8-K summary
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Issuer:     Spring Valley Acquisition Corp. III (SVAC)
CIK:        0002074850
Form:       8-K
Filed at:   2026-06-24T21:23:10+00:00
Accession:  0001104659-26-077363
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Spring Valley Acquisition Corp. III issues up to $1.5M promissory note to sponsor for working capital
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- Unsecured note from sponsor Spring Valley Acquisition Sponsor III, LLC, up to $1.5M principal.
- Note bears no interest; principal due upon initial business combination (Maturity Date).
- Sponsor may convert outstanding principal into working capital warrants at $0.90 per warrant.
- Working capital warrants have same terms as IPO private placement warrants, subject to transfer restrictions.
- Note proceeds to be used for working capital prior to business combination; trust account claims waived.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2074850/000110465926077363/0001104659-26-077363-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2074850/000110465926077363/tm2617090d3_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-077363

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