secwatch.observer — SEC 8-K summary
======================================

Issuer:     Silicon Valley Acquisition Corp. (SVAQ)
CIK:        0002085659
Form:       8-K
Filed at:   2026-06-23T21:15:42+00:00
Accession:  0001213900-26-071185
Event type: m_and_a
Sentiment:  positive
Materiality: 0.90
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2085659/000121390026071185/0001213900-26-071185-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2085659/000121390026071185/ea0295617-8k425_silicon.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-071185

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer