# Silicon Valley Acquisition Corp. (SVAQW) — merger/spac_merger [pending]
Source: SEC API (secapi.ai) · situation sit_44b898212ff397116b7f · retrieved 2026-08-11T16:16:04.761Z

## Overview
Silicon Valley Acquisition Corp. is a blank-check company incorporated in the Cayman Islands that is pursuing a business combination with EigenQ, Inc., a Delaware corporation.

Silicon Valley Acquisition Corp. (SVAQ), a Cayman Islands exempted company, amended its Business Combination Agreement with EigenQ, Inc. on August 6, 2026. The amendment clarifies that Transaction Support Shares may be transferred for any purpose related to the Business Combination as agreed by the parties, clarifies that SVAQ will redeem Class A ordinary shares tendered for redemption by public shareholders immediately before the Domestication, expands the board of directors of the post-combination company (PubCo) from 7 to 9 members, and clarifies that the equity incentive plan will have an initial share reserve equal to approximately 10% of the issued and outstanding shares of PubCo Common Stock on a fully-diluted basis immediately after the Closing.

## Terms
- Counterparty: EigenQ, Inc. · Stake: 10%

## Key dates
- Announced 2026-07-28

## Timeline
- 2026-07-28 · 425 (0001213900-26-082376): 425 - Silicon Valley Acquisition Corp. — *EigenQ is an applied quantum technology company building trusted infrastructure for the Quantum Era, developing and commercializing foundational technologies across quantum security, communications, networking, and sensing to help public and private sectors prepare for a future shaped by quantum computing and AI.* EigenQ, Inc., a quantum technology company developing post-quantum cryptography, quantum random number generation, and hardware-rooted quantum-safe infrastructure solutions, has entered into a definitive business combination agreement with Silicon Valley Acquisition Corp. (Nasdaq: SVAQ). Upon completion of the business combination, subject to shareholder approval, regulatory approvals, and other customary closing conditions, the combined company is expected to trade on the Nasdaq Global Market under the ticker symbol "EIGQ."
  https://www.sec.gov/Archives/edgar/data/2085659/0001213900-26-082376.txt
- 2026-07-28 · 425 (0001213900-26-082379): 425 - Silicon Valley Acquisition Corp. — *EigenQ is an applied quantum technology company developing and commercializing foundational technologies across quantum security, communications, networking, and sensing, including post-quantum cryptography, quantum-derived entropy, hardware-rooted trust, secure identity, and cryptographic agility.* EigenQ Inc. has entered into a definitive business combination agreement with Silicon Valley Acquisition Corp. (Nasdaq: SVAQ). Upon completion of the business combination, the combined company is expected to trade on the Nasdaq Global Market under the ticker symbol "EIGQ," subject to shareholder approval, regulatory approvals, and other customary closing conditions. A registration statement on Form S-4 is expected to be filed with the SEC, which will include preliminary and definitive proxy statements for SVAQ shareholders to vote on the proposed business combination.
  https://www.sec.gov/Archives/edgar/data/2085659/0001213900-26-082379.txt
- 2026-08-07 · 8-K (0001213900-26-086426): 8-K - Silicon Valley Acquisition Corp. — *Silicon Valley Acquisition Corp. is a blank-check company incorporated in the Cayman Islands that is pursuing a business combination with EigenQ, Inc., a Delaware corporation.* Silicon Valley Acquisition Corp. (SVAQ), a Cayman Islands exempted company, amended its Business Combination Agreement with EigenQ, Inc. on August 6, 2026. The amendment clarifies that Transaction Support Shares may be transferred for any purpose related to the Business Combination as agreed by the parties, clarifies that SVAQ will redeem Class A ordinary shares tendered for redemption by public shareholders immediately before the Domestication, expands the board of directors of the post-combination company (PubCo) from 7 to 9 members, and clarifies that the equity incentive plan will have an initial share reserve equal to approximately 10% of the issued and outstanding shares of PubCo Common Stock on a fully-diluted basis immediately after the Closing.
  https://www.sec.gov/Archives/edgar/data/2085659/0001213900-26-086426.txt
- 2026-08-07 · 425 (0001213900-26-086431): 425 - Silicon Valley Acquisition Corp. — Silicon Valley Acquisition Corp. (SVAQ), a Cayman Islands exempted company, and EigenQ, Inc. amended their Business Combination Agreement on August 6, 2026. The amendment clarifies that SVAQ will redeem Class A ordinary shares tendered for redemption by public shareholders immediately before the Domestication; expands the board of directors of the post-combination company (PubCo) from 7 to 9 members, with the Company designating all nine directors; and confirms that the equity incentive plan to be adopted by PubCo will have an initial share reserve equal to approximately 10% of issued and outstanding shares on a fully-diluted basis immediately after closing. The amendment also clarifies that Transaction Support Shares may be transferred for any purpose related to the Business Combination as agreed by the parties.
  https://www.sec.gov/Archives/edgar/data/2085659/0001213900-26-086431.txt
- 2026-08-07 · 425 (0001213900-26-086432): 425 - Silicon Valley Acquisition Corp. — *EigenQ Inc. is a Delaware corporation engaged in quantum security and infrastructure technology.* Silicon Valley Acquisition Corp. (SVAQ), a Cayman Islands exempted company, and EigenQ Inc., a Delaware corporation, entered into a Business Combination Agreement on June 17, 2026, whereby SVAQ will domesticate to Delaware and merge with EigenQ, with EigenQ continuing as the surviving company. On August 6, 2026, the parties executed a first amendment to the Business Combination Agreement that: (i) clarifies that Transaction Support Shares may be transferred for any purpose related to the Business Combination as agreed by the parties; (ii) confirms SVAQ will redeem Class A ordinary shares tendered for redemption by public shareholders immediately before the Domestication; (iii) expands the size of the board of directors of the post-combination company from 7 to 9 members; and (iv) clarifies that the equity incentive plan to be adopted by the post-combination company will have an initial share reserve equal to approximately 10% of the issued and outstanding shares on a fully-diluted basis immediately after the Closing.
  https://www.sec.gov/Archives/edgar/data/2085659/0001213900-26-086432.txt

## Citations
- 0001213900-26-082376 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000121390026082376
- 0001213900-26-082379 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000121390026082379
- 0001213900-26-086426 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000121390026086426
- 0001213900-26-086431 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000121390026086431
- 0001213900-26-086432 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000121390026086432