<div id="readability-page-1"><div>Spring Valley Acquisition IV, a blank check company targeting the power infrastructure and decarbonization industries, raised $200 million by offering 20 million shares at $10. Each unit consists of one share of common stock and one-fourth of one 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; +111% from $10 offer price), Spring Valley Acquisition II (SVII; -10%), 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; +77%) in 2022.Spring Valley Acquisition IV plans to list on the Nasdaq under the symbol SVIVU. Cohen &amp; Company Securities and Clear Street acted as joint bookrunners on the deal.</div></div>

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Spring Valley Acquisition IV, a SPAC focused on power infrastructure and decarbonization, has priced its IPO at $200 million, offering 20 million shares at $10 each. The company, led by CEO Christopher Sorrells, plans to list on Nasdaq under the symbol SVIVU. Previous SPACs by management include Spring Valley Acquisition III, which saw a 111% increase from its offer price, and Spring Valley Acquisition, which merged with NuScale Power in 2022, achieving a 77% gain.

RenaissanceCapital

VanEck Environmental Services ETF

iShares S&P Global Infra

Glob X US Infra

Alerian Energy Infrastructure ETF

Select Sect Spdr Util

Fisr Trust Nasdaq Clean Edge Smart Grid Infra

Spring Valley Acquisition III

NuScale Power

ISHRS S&P Glb Utilities

SPAC Energy-focused Spring Valley Acq. IV prices $200 million IPO