Spring Valley Acquisition Corp. II is a Delaware-incorporated special purpose acquisition company (SPAC) formed for the purpose of effecting a merger, stock purchase, asset acquisition, stock exchange, reorganization or similar business combination with one or more businesses. As a blank‐check company, Spring Valley Acquisition Corp. II seeks to identify and partner with a target business that can benefit from the public markets while leveraging the strategic and operational expertise of its sponsor group.
The company completed its initial public offering in October 2020, raising gross proceeds of $150 million through the sale of 15 million units on the Nasdaq Capital Market under the ticker symbol “SVIIU.” Each unit consists of one share of common stock and one-half of one redeemable warrant, with each whole warrant entitling its holder to purchase one share of common stock at a fixed exercise price. Net proceeds from the offering were placed in a trust account to be used for purposes of the business combination.
Spring Valley Acquisition Corp. II is sponsored by Spring Valley Capital Partners, an investment firm focused on growth‐oriented transactions. The SPAC’s mandate includes targeting opportunities across technology, fintech, e-commerce, media and consumer sectors in North America. The sponsor and management team bring experience in investment banking, private equity and corporate strategy to support a prospective acquisition candidate’s expansion and long-term value creation.
Headquartered in Wilmington, Delaware, with key offices in New York, Spring Valley Acquisition Corp. II operates under a 24-month timeline to complete a business combination. Upon identifying a suitable target, the company intends to leverage its capital structure, governance framework and sponsor network to execute and support a successful transaction that delivers growth and liquidity to public shareholders.
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