SILICON VALLEY ACQUISITION SPONSOR LLC bought SVAQU
February 6, 2026 · Form 4 insider transaction
SILICON VALLEY ACQUISITION SPONSOR LLC bought 499,950 shares of Silicon Valley Acquisition Corp. at $0.00 per share, a transaction worth N/A. The trade was recorded as j and disclosed on an SEC Form 4, filed 11 days after the transaction.
Footnotes
As described in the Issuer's registration statement on Form S-1 (File No. 333-290366) (the "Registration Statement") under the heading "Description of Securities", the Class B ordinary shares will automatically convert into Class A ordinary shares at the time of the Issuer's initial business combination, or earlier at the option of the holder, on a one-for-one basis, subject to certain adjustments described therein and have no expiration date.; 499,950 Class B ordinary shares were forfeited to the Issuer by Silicon Valley Acquisition Sponsor LLC (the "Sponsor") at no cost, in connection with the expiration of the remaining portion of the underwriters' over-allotment option as described in the Registration Statement.; The Sponsor is the record holder of such securities. Dan Nash is the managing member of the Sponsor, and as such, has voting and investment discretion with respect to, and may be deemed to have beneficial ownership of, the securities held by the Sponsor. Mr. Nash disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.