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

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. The public market [...]

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