Spring Valley Acquisition Corp. III (NASDAQ:SVACU) announced the pricing of its $200 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “SVACU”, Thursday, September 4, 2025.
The new SPAC intends to focus its search on companies in the natural resources and decarbonization sectors.
Spring Valley Acquisition Corp. III is to be led by Chairman and Chief Executive Officer Christopher Sorrells, Chief Financial Officer Jeff Schramm, and Chief Operating Officer and Head of Business Development Robert Kaplan. David Buzby, Debora Frodl and Richard Thompson will serve on its Board.
Total SPAC deal count for 2025 year-to-date is now 86. This offering is expected to close on Friday, September 5, 2025.
Cohen & Company Capital Markets is acting as lead book-runner and Clear Street as joint book-running manager for this offering. Greenberg Traurig, LLP is serving as Issuer’s Counsel with Kirkland & Ellis LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.
