Spring Valley Acquisition Corp. IV (Ticker: SVIVU US) is a Cayman Islands-incorporated blank check company focusing on the power infrastructure and decarbonization sectors. The company lists on the NASDAQ on February 10, 2026, offering 20 million units at $10.00 per unit to raise $200 million. Each unit consists of one Class A ordinary share and one-fourth of a redeemable warrant. Reportedly, the company debuts with a market capitalization of approximately $266.67 million.

As the fourth investment vehicle in the Spring Valley family, which has previously raised approximately $690 million, the company is sponsored by partners of Pearl Energy, a Texas-based firm with significant energy sector assets. The company plans to use the IPO proceeds to effect a merger, capital stock exchange, or similar business combination. Specifically, it intends to target high-growth businesses that utilize proprietary technology to address critical issues in the energy transition market. The offering is led by CEO Christopher Sorrells and underwritten by Cohen & Company Capital Markets and Clear Street.