Mergers & Acquisitions ·
Silicon Valley Acquisition Corp. filed a Current Report on Form 8-K on August 6, 2026, disclosing amendments to the…
SVAQWSilicon Valley Acquisition Corp.
Silicon Valley Acquisition Corp. filed a Current Report on Form 8-K on August 6, 2026, disclosing amendments to the Business Combination Agreement and Sponsor Support Agreement regarding its proposed merger with EigenQ, Inc. The First Amendment to the Business Combination Agreement expands the board of directors of the post-combination company (PubCo) from seven to nine members and clarifies that Transaction Support Shares may be transferred for any purpose related to the transaction. It also confirms that SVAQ will redeem Class A ordinary shares tendered by public shareholders immediately before domestication into a Delaware corporation. The First Amendment to the Sponsor Support Agreement allows the Sponsor's Transaction Financing Support Shares to be used for any business combination-related purpose, with 50% of non-transferred shares retained and 50% forfeited if not utilized. This SPAC is in the process of merging with EigenQ, a company operating in the quantum security and infrastructure industry.