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Silicon Valley Acquisition Corp. to merge with EigenQ

Silicon Valley Acquisition Corp. Class A (NASDAQ:SVAQ) agreed to merge with EigenQ into a combined company of roughly $3B, with $44.45M in bridge financing and additional terms including partner ecosystems, registration rights, and a founder share transfer. The target ticker is EIGQ.

SVAQ

Silicon Valley Acquisition Corp. Class A (NASDAQ:SVAQ) said it has struck a deal to merge with EigenQ into a combined company valued at roughly $3B, with the target ticker EIGQ. 45M in bridge notes and warrants, and includes partner ecosystems, registration rights and a founder share transfer intended to align incentives before a Q4 2026 c…