Form 4: Director Youngblood Disposes SVII Shares in Merger

Spring Valley Acquisition Corp. II Director Sharon Youngblood disposed of 40,000 Class A ordinary shares as part of a business combination with Eagle Nuclear Energy Corp.

Summary

• Sharon Youngblood, a Director of Spring Valley Acquisition Corp. II (SVII), reported the disposition of 40,000 Class A ordinary shares.
• The transaction occurred on February 24, 2026, and resulted in 0 Class A ordinary shares beneficially owned by Youngblood following the transaction.
• The disposition was an automatic exchange for shares of common stock of Eagle Nuclear Energy Corp. ("New Eagle").
• This exchange was in connection with the consummation of a business combination.
• The business combination is pursuant to an Amended and Restated Agreement and Plan of Merger, dated September 29, 2025.
• The parties to the merger agreement include New Eagle, Spring Valley Acquisition Corp. II, Eagle Energy Metals Corp., Spring Valley Merger Sub III, Inc., and Spring Valley Merger Sub II, Inc.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a procedural filing confirming the consummation of a pre-announced business combination, which is a planned and expected event in the SPAC lifecycle.

Positives

• The transaction signifies the successful consummation of a business combination, indicating a strategic transition for Spring Valley Acquisition Corp. II.

Negatives

• The reporting person no longer holds direct equity in Spring Valley Acquisition Corp. II, which could be perceived as a reduced direct alignment with the original SPAC entity.

Future Outlook

The filing indicates the consummation of a business combination, transitioning Spring Valley Acquisition Corp. II into Eagle Nuclear Energy Corp. ("New Eagle"). The future outlook for the combined entity would be detailed in subsequent filings.

Industry Context

StockSavvy.ai notes that this Form 4 signals the completion of a SPAC de-SPAC transaction, where Spring Valley Acquisition Corp. II has merged with Eagle Nuclear Energy Corp. This is a common event in the SPAC lifecycle, transitioning the shell company into an operating entity.

Comparison to Industry Standards

• This Form 4 is a standard insider transaction report following a merger, a common occurrence in the SPAC industry as the shell company combines with a target operating business.

Stakeholder Impact

• Shareholders: Existing shareholders of Spring Valley Acquisition Corp. II would have had their shares exchanged for shares in Eagle Nuclear Energy Corp. as part of the merger.
• Management/Directors: Sharon Youngblood, as a director, participated in this exchange, aligning her ownership with the new combined entity.

Next Steps

• The combined entity, Eagle Nuclear Energy Corp. ("New Eagle"), will operate as the successor company.
• Further disclosures regarding New Eagle's operations, financial performance, and governance are expected in future filings.

Key Dates

Keywords

Spring Valley Acquisition Corp. II, SVII, Sharon Youngblood, Form 4, Insider Transaction, Beneficial Ownership, Business Combination, Merger, Eagle Nuclear Energy Corp., SPAC