Amended EigenQ merger terms expand board and share provisions
Silicon Valley Acquisition Corp.’s deal to merge with EigenQ was amended on Aug. 6, 2026, widening use of sponsor-set-aside shares tied to the business combination.
Up to 2,165,950 Class B shares can now be transferred or forfeited for deal-related purposes beyond transaction financing support.
The revised terms expand the post-close board to nine directors.
Redemptions of Class A shares tendered by public holders will occur immediately before the domestication to Delaware.
The post-close equity incentive plan is set to start with a share reserve of about 10% of fully diluted shares outstanding immediately after closing.
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