Spring Valley Acquisition IV, a blank check company targeting the power infrastructure and decarbonization industries, filed on Thursday with the SEC to raise up to $200 million in an initial public offering.
The company plans to raise $200 million by offering 20 million units at $10. Each unit consists of one share of common stock and one-quarter of a warrant, exercisable at $11.50.
The company is led by CEO and Chairman Christopher Sorrells, the former Lead Director for Renewable Energy Group (now part of Chevron) and a former Operating Partner for Natural Gas Partners' NGP Energy Technology Partners. He is joined by CFO Jeff Schramm, the former CFO of Lehigh Technologies. Spring Valley Acquisition IV plans to target the power infrastructure and decarbonization industries.
Management's previous SPACs include Spring Valley Acquisition III (SVACU; +21% from $10 offer price), Spring Valley Acquisition II (SVII; +21%), which has a pending merger agreement with uranium explorer and SMR developer Eagle Energy Metals, and Spring Valley Acquisition, which completed its combination with nuclear tech developer NuScale Power (SMR; +98%) in 2022.
The Dallas, TX-based company was founded in 2025 and plans to list on the Nasdaq under the symbol SVIVU. Spring Valley Acquisition IV filed confidentially on November 26, 2025. Cohen & Company Securities and Clear Street are the joint bookrunners on the deal.
