Silicon Valley Acquisition Corp (SVAQ) is a blank check company formed to identify and complete a merger, share exchange, asset acquisition, or similar business combination with one or more target businesses. The company generates no operating revenue. Its only income since inception is interest earned on funds held in a trust account, which totaled $119,181 from July 21, 2025 (inception) through December 31, 2025. SVAQ raised $200,000,000 in gross proceeds from an IPO of 20,000,000 units at $10.00 per unit on December 24, 2025, and an additional $6,250,000 from a concurrent private placement of 625,000 units, placing $206,250,000 in a trust account invested in U.S. government securities or qualifying money market funds. The management team, led by CEO and Chairman Daniel Nash, has stated a focus on targets in fintech, digital assets, AI infrastructure, energy transition, auto and mobility, technology, consumer, healthcare, and mining sectors. SVAQ reported a net loss of $343,073 for the period from inception through December 31, 2025.

Revenue model

No operating revenue as of December 31, 2025. Non-operating income consists solely of interest earned on trust account assets. Operating revenues are not expected until completion of a business combination.

Products and services

Class A ordinary shares and redeemable warrants issued as units in an IPO. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant, priced at $10.00 per unit (as of December 24, 2025 IPO).

Customers and end markets

Target acquisition sectors stated in the 10-K filing include fintech, crypto and digital assets, AI-driven infrastructure, energy transition, auto and mobility, technology, consumer, healthcare, and mining. End customers are institutional and retail investors participating in the SPAC structure.

Value-chain role

SPAC sponsor and acquirer. Raises capital via public offering, holds proceeds in trust, and seeks a private company to take public through a business combination. Sponsor is controlled by CEO Dan Nash.

Geographic exposure

No operating geographic footprint disclosed. Incorporated as a Cayman Islands entity. IPO conducted on a U.S. exchange.

Source: SEC 10-K, filed 2026-03-31

Industry: Blank Checks