EigenQ to Go Public via $3 Billion SPAC Merger with Silicon Valley Acquisition Corp. - Quantum Computing Report

Skip to content

GQINewsNews Archive 2025News Archive 2024News Archive 2023News Archive 2022News Archive 2021News Archive 2020News Archive 2019News Archive 2018News Archive 2015-2017AnalysisQnalysisPlayersPublic CompaniesPrivate/Startup CompaniesUniversitiesGovernment/Non-ProfitVenture CapitalVenture Capital – Sorted by Quantum CompanyResourcesConferencesToolsOther Websites and Industry AssociationsEducationBooksScorecardsGate Level Software PlatformsIBM Qiskit, Rigetti Forest, Microsoft QDK, Project QReview of the Cirq Quantum Software FrameworkQubit Implementation DashboardQubit CountQubit QualityQubit TechnologySoftware/Startup PartnersCloud Platform Hardware PartnersPodcastsAboutQCR Alerts Sign-Up FormAdvertising InquiriesQCR in the NewsContactPrivacy PolicyMembership

EigenQ to Go Public via $3 Billion SPAC Merger with Silicon Valley Acquisition Corp.

Quantum trust infrastructure developer EigenQ Inc. has entered into a definitive business combination agreement with special purpose acquisition company Silicon Valley Acquisition Corp. (NASDAQ: SVAQ). Upon formal closing of the transaction, expected in the fourth quarter of 2026, the combined entity will operate under the name EigenQ Inc. and list on the Nasdaq Global Market under the ticker symbol EIGQ. The transaction establishes a pro forma enterprise value for the consolidated corporation of approximately $3 billion, backed by roughly $215 million in cash liquidity currently held inside SVAQ’s public trust account prior to shareholder redemptions and transaction expenses.