- CEO
- Christopher D. Sorrells
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 2100 McKinney Avenue Dallas TX United States of America 75201
- IPO Date
- Oct 28, 2022
- Business
- Spring Valley Acquisition Corp. II is a blank check company sponsored by Spring Valley Acquisition LLC that focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses, primarily targeting companies in the energy and decarbonization industries including renewable energy, resource optimization, environmental services, clean energy and storage, smart grid and efficiency, and grid infrastructure. The company offers no operational products or services of its own but provides merger and acquisition vehicles through its sponsor's units, Class A ordinary shares, and public warrants trading on Nasdaq under the symbols SVIIU, SVII, and SVIIW; it raised $230 million in its initial public offering in October 2022. Incorporated as a Cayman Islands exempted company in January 2021 and headquartered in New York, the company initially targeted scalable businesses with established market positions in North America and select international markets, leveraging its management team's expertise in corporate finance, branded consumer goods, private equity, strategic brand development, and capital markets transactions.
In July 2025, Spring Valley Acquisition Corp. II entered into a definitive merger agreement with Eagle Energy Metals Corp., a next-generation nuclear energy company holding rights to the largest mineable measured and indicated uranium deposit in the United States and proprietary small modular reactor (SMR) technology, with the combined entity expected to list publicly under the ticker NUCL upon closing anticipated in the fourth quarter of 2025. The company restructured the transaction in September 2025 through an Amended and Restated Agreement and Plan of Merger involving Eagle Nuclear Energy Corp. as a new Nevada holding company, Merger Sub 2, and other subsidiaries, which received unanimous board approval to advance the business combination while addressing uranium undersupply amid rising electricity demand from AI, quantum computing, and cryptocurrency sectors. Additional recent developments include shareholder approval sought to extend the SPAC's termination date to July 2026 to facilitate the Eagle Energy deal and a commitment from Alyeska Investment Group for approximately $30 million in Series A Convertible Preferred Stock at closing; Spring Valley Acquisition Corp. II also completed proxy and S-4 registration processes with the SEC, mailing definitive proxies for shareholder votes on the transaction.