DALLAS, Feb. 11, 2026 (GLOBE NEWSWIRE) -- Spring Valley Acquisition Corp. IV (the "Company"), a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, announced the closing of its initial public offering of 23,000,000 units at a price of $10.00 per unit on February 11, 2026, which includes the exercise in full by the underwriters of their overallotment option to purchase an additional 3,000,000 units. Total gross proceeds from the offering were $230 million before deducting underwriting discounts and commissions and other offering expenses payable by the Company.

The units began trading on The Nasdaq Global Market ("Nasdaq") under the ticker symbol "SVIVU" on February 10, 2026. Each unit consists of one Class A ordinary share of the Company and one-fourth of one redeemable public warrant. Each whole warrant ...