09/10/2025 | Press release | Distributed by Public on 09/10/2025 12:38
NEW YORK - Sept. 10, 2025 - Global law firm Greenberg Traurig, LLP represented Spring Valley Acquisition Corp. III in connection with the closing of its initial public offering on the Nasdaq Stock Market. Trading under the ticker symbol "SVACU" commenced on Sept. 4, 2025, with 23 million units sold at an offering price of $10 per unit, generating gross proceeds of $230 million. Each unit consists of one Class A ordinary share and one-third of one redeemable public warrant entitling the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share. Once the securities comprising the units begin trading separately, the Class A ordinary shares and warrants are expected to be listed on Nasdaq under the symbols "SVAC" and "SVACW," respectively.
Greenberg Traurig is also representing Spring Valley Acquisition Corp. II in connection with its previously announced business combination with Eagle Energy Metals, a uranium miner and nuclear reactor technology developer.
The Greenberg Traurig team was led by Vice Chair Alan I. Annex, Shareholders Jason T. Simon in the Corporate Practice in Northern Virginia and Adam S. Namoury in the Corporate Practice in New York, and Associate Yangyang Jia in the Corporate Practice in Northern Virginia.