Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
The latest announcement is out from Spring Valley Acquisition Corp. II Class A ( (SVII) ).
On October 8, 2025, Spring Valley Acquisition Corp. II issued an unsecured promissory note to its significant shareholder, Spring Valley Acquisition Sponsor II, LLC, for up to $1,500,000. This note allows the company to draw funds as needed before its maturity date, which is set upon the consummation of its initial business combination. The note does not bear interest, and the principal balance is payable on the maturity date. Additionally, the sponsor has the option to convert the principal into warrants, which would have terms identical to those issued during the company’s IPO.
More about Spring Valley Acquisition Corp. II Class A
Average Trading Volume: 61,236
Technical Sentiment Signal: Buy
Current Market Cap: $122.2M
See more data about SVII stock on TipRanks’ Stock Analysis page.