<p>Spring Valley Acquisition Corp. III has entered into an agreement with General Fusion Inc. and 1573562 B.C. Ltd. Under the terms of the agreement, Spring Valley Acquisition Corp. III will continue to British Columbia and change its name to General Fusion Inc. On closing, 1573562 B.C. Ltd. will amalgamate with General Fusion, becoming a wholly-owned subsidiary of the renamed company. The deal values General Fusion at $600 million, with its equityholders set to receive approximately 60 million common shares. An additional 12.5 million earnout shares are tied to future share price milestones, to be issued if certain price targets are met within five years of closing. Outstanding warrants and stock options of General Fusion will be exchanged for equivalent securities in the new entity. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Spring Valley Acquisition Corp. III published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-006283), on January 23, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here</p>

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<p>Spring Valley Acquisition Corp. III has agreed to merge with General Fusion Inc. in a deal valued at $600 million. Following the merger, Spring Valley will change its name to General Fusion Inc., and 1573562 B.C. Ltd. will become a wholly-owned subsidiary. Equityholders will receive approximately 60 million common shares, with an additional 12.5 million earnout shares contingent on future share price milestones. Outstanding warrants and stock options will be exchanged for equivalent securities in the new entity.</p>

Reuters

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Spring Valley Acquisition Corp. III to Merge with General Fusion in $600 Million Deal