Company Summary

Overview

Spring Valley Acquisition Corp. II is a blank check company incorporated as a Cayman Islands exempted company on January 19, 2021. Its primary purpose is to identify, evaluate, and complete an initial business combination with one or more target businesses, particularly focusing on the sustainability industry. The company has not engaged in any operations, has not generated revenue, and acts as a shell company aiming to leverage management expertise to build a publicly traded company through a merger or acquisition.

Business Focus

• Target Industry: Primarily the sustainability sector, including renewable energy (solar, wind, energy storage, decarbonization technologies), resource optimization (energy efficiency, digitization), environmental services (waste management, pollution control, recycling), and grid infrastructure.
• Geographical Focus: United States and other developed countries.
• Strategy: To complete a business combination with established companies with strong market positions, experienced management, high growth potential, and technological advantages, benefiting from access to public capital markets.

Management and Network

• Support: Backed by Pearl Energy Investment Management, LLC, a Texas-based investment firm with $1.7 billion of committed capital under management as of June 2022.
• Management Team: Over 25 years of combined experience in investing and advising within the sustainability and energy sectors.
• Advisors: From leading global companies with diverse industry expertise.

Company Operations

• Employees: At present, the company has two executive officers, who are not obligated to work full-time and plan to devote as much time as necessary until the completion of a business combination.
• Offices: Located at 2100 McKinney Ave, Suite 1675, Dallas, Texas 75201.
• Website: www.sv-ac.com. The website information is not incorporated into the report.

Financials and Stock Details

• No Revenue: The company has not engaged in any operations and has not generated revenues.
• Assets: As of December 31, 2024, approximately $25,554,084 was held in the trust account.
• Market Capitalization: As of June 28, 2024, the approximate market value of the company's ordinary shares (excluding shares held by affiliates) was $24,613,330.50.
• Shares Outstanding (as of April 9, 2025):
  • Class A ordinary shares: 9,880,095 (including 2,213,429 publicly-held shares)
  • Converted Class A shares: 7,546,666 (held by the Sponsor)
  • Independent directors' shares: 120,000
  • Class B ordinary share: 1 (held by the Sponsor)
• Employees: 2 executive officers, with no full-time staff planned prior to completing a business combination.

Business Model

• No current operations; the company intends to use the proceeds from its initial public offering and private placements to fund its search for a target business.
• It plans to structure its initial business combination to own or acquire at least 50% of the target and aims for established, profitable, or high-growth companies in the sustainability sector.
• Will seek to complete the initial business combination within 36 months from the IPO date (by October 17, 2025).

Key Investment and Acquisition Strategy

• Focus on target companies that are recognized market leaders with attractive financial profiles, technological advantages, and positioned to benefit from macroeconomic or social sustainability trends.
• Utilize extensive industry relationships, data analysis, and transaction structuring expertise to identify and execute out-of-market opportunities.
• Expect to build value through operational improvements, management recruitment, and strategic positioning.

Current Financial Standing

• As of December 31, 2024, had approximately $25.55 million in its trust account.
• No current operations, revenues, or income; the company acts as a shell until it completes a business combination.

Note: The company currently has no customers, no revenues, no income, and only two employees (executive officers). The primary financial asset is the over $25 million held in its trust account, and shares outstanding consist largely of founder shares converted from Class B and public shares.