Spring Valley Acquisition Corp. II is set to merge with Eagle Energy Metals Corp., a pioneer in nuclear energy, to address the undersupply of uranium in the U.S. market.

Information on the Target

Spring Valley Acquisition Corp. II, referred to as Spring Valley II, successfully raised $230 million in its initial public offering (IPO) in October 2022. The capital raised is intended for either acquiring or merging with a business within its target markets. In a strategic move, Spring Valley II entered into a definitive agreement on July 31, 2025, to consolidate with Eagle Energy Metals Corp. This innovative company specializes in next-generation nuclear energy, notably possessing the rights to the largest mineable, measured, and indicated uranium deposit in the United States, coupled with proprietary Small Modular Reactor (SMR) technology.

This merger positions Eagle Energy as a pioneering entity in addressing the ongoing structural undersupply of uranium in the U.S. market. As demand for electricity surges—driven by advancements in AI, quantum computing, and cryptocurrency—Eagle Energy aims to reinstate American prominence within the nuclear sector. By harnessing reliable, zero-carbon, and high-capacity nuclear power, the company is poised to meet the increasing energy needs while bolstering domestic energy security.

Industry Overview in the Target’s Specific Country

The United States nuclear energy sector is poised for a transformation as it confronts a critical undersupply of uranium resources. With increasing reliance on clean energy sources, the revival of nuclear energy is essential