| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income | 423,445 | -16,620 |
| Interest earned on investments held in trust account | 585,241 | - |
| Payment of operation costs through promissory note | 49,700 | - |
| Prepaid expenses and other current assets | 26,687 | - |
| Payment of general and administrative costs through promissory note - related party | - | 10,420 |
| Other receivable | -25,000 | - |
| Accrued expenses | 52,528 | 6,200 |
| Net cash used in operating activities | -61,255 | 0 |
| Investment of cash in trust account | 230,000,000 | - |
| Net cash used in investing activities | -230,000,000 | - |
| Proceeds from sale of units, net of underwriting discounts paid | 225,400,000 | - |
| Proceeds from sale of private placements warrants | 6,341,500 | - |
| Repayment of promissory note - related party | 151,636 | - |
| Payment of offering costs | 343,000 | - |
| Net cash provided by financing activities | 231,246,864 | - |
| Net change in cash and cash equivalents | 1,185,609 | 0 |
| Cash and cash equivalents at beginning of period | 0 | 0 |
| Cash and cash equivalents at end of period | 1,185,609 | 0 |
Spring Valley Acquisition Corp. III (SVAC)
Spring Valley Acquisition Corp. III (SVAC)