Silicon Valley Acquisition Corp. (SVAQ) announces $2.93B business combination with EigenQ

Silicon Valley Acquisition Corp.

Deal values EigenQ at approximately $2.93 billion; merger consideration paid in shares of Domesticated Purchaser Common Stock.
Closing expected by February 14, 2027, subject to SVAQ shareholder approval, regulatory approvals, and listing conditions.
Post-closing board of 7 directors, all designated by EigenQ; one board advisor from SVAQ.
SVAQ sponsor agrees to vote in favor, waive anti-dilution, and transfer up to 2,165,950 founder shares for transaction financing.
SVAQ provides redemption rights to Class A ordinary shareholders prior to closing.

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