Silicon Valley Acquisition Corp. (SVAQ) filed a Current Report on Form 8-K on September 26, 2026, announcing an amendment to its previously disclosed Business Combination Agreement (BCA). The filing details a third amendment to the agreement, which was originally entered into on June 17, 2026, and subsequently amended on August 6, 2026, and September 17, 2026.
The amendment, entered into on September 26, 2026, by SVAQ, its wholly owned subsidiary SVAQ Merger Sub Inc., and the target company EigenQ, Inc., modifies the terms of the BCA. Specifically, the amendment excludes certain warrants issued and to be issued by EigenQ from specific definitions and calculations within the agreement. It also clarifies that each of these warrants will be exchanged for one warrant of the post-combination public company (PubCo) upon the closing of the Business Combination.
The Business Combination involves SVAQ transferring its domicile from the Cayman Islands to Delaware and merging with EigenQ. Following the merger, EigenQ will continue as the surviving company and become a wholly owned subsidiary of SVAQ. The proposed transaction is subject to approval by SVAQ’s shareholders and the filing of a Registration Statement with the SEC, which will include proxy materials.
