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SPAC · Deal announced · SVAQ

Silicon Valley Acquisition Corp.

Business combination with EigenQ, Inc.

Silicon Valley Acquisition Corp. (SVAQ) is a blank-check company (SPAC) that raised $200M in its initial public offering on Dec 23, 2025, listing on Nasdaq. It agreed to combine with EigenQ, Inc., announced on Jun 17, 2026, at a stated value of $2.93B. The deal has not closed yet. Clear Street led the IPO. Greenberg Traurig advised the SPAC and Loeb & Loeb advised the underwriters on the IPO.

Quantum-safe / post-quantum cryptography infrastructure

Status
Deal announced
Ticker
SVAQ
IPO date
Dec 23, 2025
IPO size
$200M
IPO exchange
Nasdaq
Target
EigenQ, Inc.
Target sector
Quantum technology
Announced
Jun 17, 2026
Stated deal value
$2.93B
Combined company
Silicon Valley Acquisition Corp. (PubCo)
IPO underwriters
Clear Street
SPAC counsel (IPO)
Greenberg Traurig and Appleby
Underwriters' counsel (IPO)
Loeb & Loeb

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