Loeb Represents Underwriter Clear Street LLC in Silicon Valley Acquisition Corp.’s $200 Million Initial Public Offering

Loeb & Loeb represented Clear Street LLC as the lead underwriter in connection with the $200 million initial public offering of Silicon Valley Acquisition Corp., a special purpose acquisition company.

The offering consisted of 20,000,000 units priced at $10.00 per unit, generating gross proceeds of $200 million before deducting underwriting discounts and commissions and other offering expenses. Each unit consisted of one Class A ordinary share and one-half of one redeemable public warrant, with each whole warrant entitling the holder to purchase one Class A ordinary share at an exercise price of $11.50 per share. Silicon Valley Acquisition Corp. also granted Clear Street and the other underwriters a 45-day option to purchase up to 3,000,000 additional units at the initial public offering price to cover over-allotments, if any.

The units began trading on the Nasdaq Global Market on Dec. 23, 2025, under the symbol “SVAQU” and closed on Dec. 24. Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to trade on Nasdaq under the symbols “SVAQ” and “SVAQW,” respectively.

The Loeb team included Capital Markets partner David Levine and associate Simona Papazian.

For more information, please see Silicon Valley Acquisition Corp.’s press release.