Spring Valley Acquisition Corp. III filed an updated investor presentation and disclosed key terms and milestones for the proposed business combination with General Fusion, including a $108M PIPE and a $600M pre-money valuation for General Fusion.
Key Highlights:
- Updated investor presentation (Exhibit 99.1) supersedes prior April 29, 2026 version and is furnished under Regulation FD.
- Registration Statement on Form F-4 declared effective June 12, 2026; definitive proxy mailed to shareholders beginning June 15, 2026.
- Illustrative transaction: $108M PIPE, $600M General Fusion pre-money valuation, $724M pro‑forma enterprise value.
- Pro forma ownership assumes General Fusion rollover of equity (~58% pro‑forma), SPAC shareholders ~22%, PIPE ~13.6%.
- Presentation highlights LM26 demonstration program milestones toward 1 keV, 10 keV and 100% Lawson and funding uses for LM26, commercial systems and FOAK plant work.
Original SEC Filing:
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