Spring Valley Acquisition Corp. III 8-K

What Happened
Spring Valley Acquisition Corp. III (SVIII) announced on January 22, 2026 that it and General Fusion Inc. executed a definitive Business Combination Agreement (dated January 21, 2026) to combine the companies and take General Fusion public. They also executed securities purchase agreements (dated January 21, 2026) to consummate a private placement of approximately US$105 million of convertible preferred shares and warrants with certain institutional investors. The announcement was made via a press release and investor presentation furnished with the 8-K.

Key Details

• Agreement dates: Business Combination Agreement and securities purchase agreements dated January 21, 2026; press release filed January 22, 2026.
• Transaction type: Business combination (SPAC merger) through which General Fusion would become a public company.
• Financing: Approximately US$105 million private placement of convertible preferred shares and warrants (PIPE) with institutional investors.
• Disclosures: Press release and investor presentation were furnished as exhibits to the Form 8-K.

Why It Matters
This filing signals a major corporate event: General Fusion, a private company, is proposing to become public via a SPAC combination with SVIII. The committed ~US$105M private placement is material because it provides capital that may support General Fusion’s operations and growth at closing and is a key component of the deal financing. Retail investors should watch for subsequent filings with transaction terms, pro forma financials, shareholder vote details, and closing conditions to understand the impact on SVIII shares and potential dilution.