MergerJun 8, 2026, 04:37 PM
Spring Valley Amends General Fusion Merger Agreement
AI Summary
Spring Valley Acquisition Corp. III, General Fusion Inc., and 1573562 B.C. Ltd. entered into Amendment No. 2 to their Business Combination Agreement on June 3, 2026. This amendment primarily grants Company SAFE Holders the right to vote on the Arrangement Resolution related to the Plan of Arrangement. It also updates several definitions within the agreement and replaces the Plan of Arrangement exhibit. This is the second amendment to the original business combination agreement.
Key Highlights
- Amendment No. 2 to Business Combination Agreement signed on June 3, 2026.
- Company SAFE Holders granted voting rights on the Arrangement Resolution.
- Definition of "Company Required Approval" updated to include SAFE Holder votes.
- Definition of "Company Securityholders" expanded to include SAFE Holders.
- Definition of "Transactions" updated to include "Company SAFE Conversion".
- Original Plan of Arrangement replaced with a new Exhibit A.
Price Impact
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