Spring Valley Acquisition II in a proxy filing proposes a deadline extension up to 36 months after its October 2022 IPO. A separate proposal would modify the vesting period for a portion of the funder shares.
The SPAC raised $230 million in an IPO to target companies in the sustainability industry, including renewable energy, resource optimization, environmental services, and grid infrastructure.
The first Spring Valley SPAC completed a merger with NuScale Power in May 2022. Read more.
