Spring Valley Acquisition Corp. IV closes $230 million IPO

Spring Valley Acquisition Corp. IV completed its initial public offering on February 11, 2026, raising $230 million before fees and expenses. The blank check company sold 23 million units at $10 per unit, including 3 million units from the full exercise of underwriters' overallotment option.

The units began trading on the Nasdaq Global Market under ticker symbol "SVIVU" on February 10, 2026. Each unit contains one Class A ordinary share and one-fourth of a redeemable public warrant. The warrants allow holders to purchase Class A ordinary shares at $11.50 per share.

Once separate trading begins, the Class A ordinary shares and warrants will trade on Nasdaq under symbols "SVIV" and "SVIVW" respectively.

Cohen & Company Capital Markets served as lead book-running manager, while Clear Street LLC acted as joint book-runner for the offering. The company's registration statement became effective on January 30, 2026.

Spring Valley Acquisition Corp. IV was formed to pursue mergers, share exchanges, asset acquisitions, share purchases, reorganizations or similar business combinations with one or more businesses. The company has not yet identified a target for such transactions.

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