Mergers & Acquisitions ·
SVAQ amends merger agreement with EigenQ to clarify warrant exchange terms for PubCo
SVAQSilicon Valley Acquisition Corp.
Silicon Valley Acquisition Corp. filed a Current Report on Form 8-K to disclose the execution of a third amendment to its Business Combination Agreement with EigenQ, Inc., dated September 26, 2026. The amendment modifies definitions and calculations within the agreement to exclude certain warrants issued by EigenQ, clarifying that each such warrant will be exchanged for one warrant of the post-combination company, PubCo, upon closing. This transaction involves SVAQ domesticating from the Cayman Islands to Delaware and merging with EigenQ, which will continue as a wholly owned subsidiary. The proposed business combination remains subject to shareholder approval and SEC effectiveness of the Registration Statement. Silicon Valley Acquisition Corp. operates in the special purpose acquisition company (SPAC) industry, facilitating mergers between private companies and public markets.