EigenQ and Silicon Valley Acquisition Corp Submit Draft S-4 for Proposed Business Combination

Insider Brief

• EigenQ and Silicon Valley Acquisition Corp. have confidentially submitted a draft Form S-4 registration statement to the SEC as they advance their proposed business combination.
• The transaction remains subject to shareholder approvals, SEC review and other customary closing conditions, with completion currently expected in the fourth quarter of 2026.
• If completed, the combined company is expected to operate as EigenQ Holdings, Inc. and trade on Nasdaq, subject to exchange listing approval.

Press release – EigenQ, Inc. (“EigenQ” or the “Company”), a quantum technology company, and Silicon Valley Acquisition Corp. (Nasdaq: SVAQ) (“SVAQ”), a publicly traded special purpose acquisition company, today announced the confidential submission of a draft registration statement on Form S-4 (the “Draft Registration Statement”) for review by the U.S. Securities and Exchange Commission (“SEC”) relating to EigenQ’s and SVAQ’s previously announced proposed business combination transaction (the “Business Combination”) to take EigenQ public. Submission of the Draft Registration Statement for SEC review reflects continued progress and forward momentum relative to the proposed Business Combination and represents another key milestone toward completing the transaction.

Completion of the proposed transaction is subject to shareholder approval, SEC review and effectiveness of the Registration Statement, among other customary closing conditions. Upon completion of the proposed Business Combination, the combined company (“PubCo”) is expected to operate under the name EigenQ Holdings, Inc., securities of which are expected to trade on Nasdaq, subject to exchange listing approval.

“The submission of the Draft Registration Statement for review by the SEC represents another important milestone in our journey toward becoming a public company. We are pleased to continue advancing this transaction together with SVAQ while remaining focused on disciplined execution, furthering our commercialization plans with channel participants, OEMs and customers, and creating sustainable long-term value for our shareholders,” said Dr. José Rosas-Bustos, EigenQ‘s Chief Executive Officer.

The proposed Business Combination remains subject to approval by the shareholders of SVAQ and stockholders of EigenQ, respectively, the registration statement on Form S-4 being declared effective by the SEC, and the satisfaction of other customary closing conditions. The Business Combination is currently expected to close in the fourth quarter of 2026, subject to satisfaction of applicable approvals and closing conditions. Upon completion of the proposed Business Combination, the combined company (“PubCo”) is expected to operate under the name EigenQ Holdings, Inc., securities of which are expected to trade on Nasdaq, subject to exchange listing approval.

While the go-public process continues to advance, EigenQ remains focused on executing its technology and commercialization strategy.

“Our mission is to build and deploy trusted infrastructure enabling governments, enterprises, and critical industries to operate securely in the Quantum Era. We believe that becoming a public company will expand our ability to accelerate innovation, deepen strategic partnerships, and bring foundational quantum technologies to U.S. and global markets. We remain committed to leading the transformation toward trusted, resilient, and quantum-ready digital infrastructure,” said Dr. Jesse Van Griensven, Chairman of EigenQ‘s board of directors.