{"success":true,"data":{"pressRelease":{"id":"154634","rtpr_id":"nPn6HGhqTa-20260928","ticker":"SVAQ","exchange":"NASDAQ","all_tickers":["SVAQ"],"title":"EigenQ and Silicon Valley Acquisition Corp. Advance Proposed Business Combination with Public Filing of Registration Statement on Form S-4","author":"PR Newswire","published_at":"2026-09-28T21:09:06.545Z","article_body":"EigenQ and Silicon Valley Acquisition Corp. Advance Proposed Business Combination with Public Filing of Registration Statement on Form S-4\nPR Newswire\n\nAUSTIN, Texas and PALO ALTO, Calif., Sept. 28, 2026\n\nPublic filing marks another milestone toward completion of the previously\nannounced business combination\n\nAUSTIN, Texas and PALO ALTO, Calif., Sept. 28, 2026 /PRNewswire/ -- EigenQ,\nInc. (\"EigenQ\" or the \"Company\") and Silicon Valley Acquisition Corp. (Nasdaq:\nSVAQ) (\"SVAQ\") today announced the public filing with the U.S. Securities and\nExchange Commission (\"SEC\") of a registration statement on Form S-4 (the\n\"Registration Statement\") in connection with their previously announced\nproposed business combination (the \"Business Combination\").\n\nThe Registration Statement includes a preliminary proxy statement/prospectus\nrelating to the proposed Business Combination. The Registration Statement has\nnot yet been declared effective by the SEC, and the information contained\ntherein remains subject to change.\n\nThe public filing represents another step toward completion of the proposed\nBusiness Combination. Earlier this month, EigenQ announced that it has secured\napproximately $45 million in a convertible financing, with approximately half\nof the capital already funded, to support the commercialization of its\nquantum-safe security portfolio and continue developing quantum products\nacross security, communications, networking and sensing.\n\nUnder the terms of the Business Combination Agreement, as amended, SVAQ is\nexpected to domesticate to become a Delaware corporation and, following\ncompletion of the Business Combination, be renamed as EigenQ Holdings, Inc.\n(\"PubCo\"). EigenQ will survive the merger as a wholly owned subsidiary of\nPubCo.\n\nSVAQ has applied to list the PubCo Common Stock and PubCo Public Warrants on\nthe Nasdaq Global Market under the proposed ticker symbols \"EIGQ\" and \"EIGQW,\"\nrespectively, effective upon the closing of the Business Combination. There\nis no condition to Closing that the PubCo Public Warrants be approved for\nlisting on Nasdaq, and there can be no assurance that the PubCo Public\nWarrants will be listed on Nasdaq or any other national securities exchange\nfollowing the Closing. Completion of the Business Combination remains subject\nto the Registration Statement being declared effective by the SEC, required\nshareholder approvals, satisfaction of applicable listing requirements and\nother customary closing conditions. The Business Combination is currently\nexpected to close in the fourth quarter of 2026.\n\n\"The public filing of the Registration Statement represents another important\nmilestone toward completing our proposed Business Combination with SVAQ,\" said\nDr. José R. Rosas-Bustos, Chief Executive Officer of EigenQ. \"As we continue\nadvancing the transaction, our focus remains on disciplined execution,\nadvancing our technology and commercialization strategy with channel\nparticipants, OEMs and customers, and building sustainable long-term value.\"\n\nDr. Jesse Van Griensven Thé, Chairman of EigenQ, added: \"Our mission is to\nbuild the trusted infrastructure that enables governments, enterprises and\ncritical industries to operate securely in the Quantum Era. We believe the\nproposed Business Combination can provide EigenQ with an expanded platform\nfrom which to accelerate innovation, deepen strategic partnerships and advance\nthe commercialization of our foundational quantum technologies. As we move\nforward, we remain committed to building a more trusted, resilient and\nquantum-ready digital future.\"\n\nThe Registration Statement, including the preliminary proxy\nstatement/prospectus and additional information regarding the proposed\nBusiness Combination, is available through the SEC's website at www.sec.gov\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4784377-1&h=167365573&u=http%3A%2F%2Fwww.sec.gov%2F&a=www.sec.gov)\n. Investors and security holders are urged to read the Registration Statement\nand the documents incorporated by reference therein carefully and in their\nentirety because they contain important information about the proposed\nBusiness Combination.\n\nAbout EigenQ\n\nEigenQ is an applied quantum technology company developing hardware-rooted,\nquantum-safe trust infrastructure for the Quantum Era. Headquartered in Texas,\nUSA, the Company's initial commercial focus is on practical cybersecurity\ntechnologies designed to strengthen existing digital infrastructure through\npost-quantum cryptography, quantum-derived entropy, hardware-rooted trust,\nsecure identity and cryptographic agility.\n\nEigenQ is advancing product development, integration, validation and\ncustomer-evaluation activities with original equipment manufacturers (OEMs),\ntechnology partners and prospective customers as it works toward initial\ncommercial sales and deployments of its cybersecurity technologies. Over time,\nthe Company intends to expand its technology platform and capabilities across\nadditional areas of the quantum technology landscape, including quantum\nartificial intelligence, quantum communications and networking, quantum\nsensing and quantum computing.\n\nAdditional information about EigenQ is available at www.EigenQ.com\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4784377-1&h=2110809317&u=http%3A%2F%2Fwww.eigenq.com%2F&a=www.EigenQ.com)\n.\n\nAbout Silicon Valley Acquisition Corp.\n\nSilicon Valley Acquisition Corp. (Nasdaq: SVAQ) is a publicly traded special\npurpose acquisition company organized for the purpose of effecting a merger,\nshare exchange, asset acquisition, share purchase, reorganization, or similar\nbusiness combination with one or more businesses. For more information,\nvisit https://svacquisitioncorp.com\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4784377-1&h=1906314685&u=https%3A%2F%2Fsvacquisitioncorp.com%2F&a=https%3A%2F%2Fsvacquisitioncorp.com)\n.\n\nAdvisors\n\nEigenQ's U.S. legal counsel is Ellenoff Grossman & Schole LLP. SVAQ's U.S.\nlegal counsel is Greenberg Traurig, LLP. Cohen & Company Capital Markets,\na division of Cohen & Company Securities, LLC is acting as Exclusive\nFinancial Advisor, Lead Capital Markets Advisor and Lead Placement Agent to\nEigenQ, Secure Strategy Group, LLC is also acting as Placement Agent to\nEigenQ. The Blueshirt Group is providing investor relations advisory services\nto EigenQ and AUM Media is providing investor relations advisory services to\nSVAQ.\n\nImportant Information About the Proposed Business Combination and Where to\nFind It\n\nThis communication relates to a proposed business combination transaction\n(\"Business Combination\") by and between Silicon Valley Acquisition Corp.\n(\"SVAQ\") and EigenQ Inc. (\"EigenQ\"). The proposed Business Combination will be\nsubmitted to the shareholders of SVAQ for their consideration. SVAQ has filed\nwith the Securities and Exchange Commission (the \"SEC\") a registration\nstatement on Form S-4 (as may be amended or supplemented, the \"Registration\nStatement\"), which includes a preliminary proxy statement/prospectus relating\nto the proposed Business Combination and other matters as described in the\nRegistration Statement, as well as a prospectus relating to the securities to\nbe issued in connection with the completion of the proposed Business\nCombination. After the Registration Statement has been declared effective by\nthe SEC, SVAQ will mail a definitive proxy statement/prospectus and other\nrelevant documents to its shareholders as of the record date established for\nvoting on the proposed Business Combination.\n\nSVAQ's shareholders and other interested persons are advised to read the\npreliminary proxy statement/prospectus and any amendments thereto and, once\navailable, the definitive proxy statement/prospectus in connection with SVAQ's\nsolicitation of proxies for its extraordinary general meeting of shareholders\nto be held to approve, among other things, the proposed Business Combination,\nbecause these documents contain or will contain important information about\nSVAQ, EigenQ, PubCo and the proposed Business Combination. This press release\ndoes not contain all the information that should be considered concerning the\nBusiness Combination and other matters and is not intended to provide the\nbasis for any investment decision or any other decision in respect of such\nmatters. SVAQ and EigenQ may also file other documents with the SEC regarding\nthe Business Combination. Shareholders may also obtain a copy of the\npreliminary proxy statement/prospectus and, once available, the definitive\nproxy statement/prospectus, as well as other documents filed with the SEC\nregarding the proposed Business Combination and other documents filed with the\nSEC by SVAQ, without charge, at the SEC's website located at www.sec.gov\n(http://www.sec.gov) or by directing a request to Silicon Valley Acquisition\nCorp., 425 Page Mill Rd., Suite 200, 2nd Floor, Palo Alto, CA 94306.\n\nINVESTMENT IN ANY SECURITIES DESCRIBED HEREIN HAS NOT BEEN APPROVED OR\nDISAPPROVED BY THE SEC OR ANY OTHER REGULATORY AUTHORITY, NOR HAS ANY\nAUTHORITY PASSED UPON OR ENDORSED THE MERITS OF THE PROPOSED BUSINESS\nCOMBINATION PURSUANT TO WHICH ANY SECURITIES ARE TO BE OFFERED OR THE ACCURACY\nOR ADEQUACY OF THE INFORMATION CONTAINED HEREIN. ANY REPRESENTATION TO THE\nCONTRARY IS A CRIMINAL OFFENSE.\n\nForward-Looking Statements\n\nThis press release contains certain forward-looking statements within the\nmeaning of the U.S. federal securities laws with respect to the proposed\nBusiness Combination and the parties thereto. All statements contained in this\npress release other than statements of historical fact, including, without\nlimitation, statements regarding the proposed Business Combination between\nSVAQ and EigenQ; the anticipated benefits and timing of the proposed Business\nCombination; expected trading of PubCo securities on Nasdaq; PubCo's potential\nfuture financial performance; PubCo and EigenQ's ability to execute EigenQ's\nbusiness strategy; EigenQ's market opportunity and positioning; and other\nstatements regarding the transaction parties' intentions, beliefs, or\nexpectations with respect to PubCo's future performance, are forward-looking\nstatements. Forward-looking statements may be identified by the use of words\nsuch as \"estimate,\" \"plan,\" \"project,\" \"forecast,\" \"intend,\" \"will,\" \"expect,\"\n\"anticipate,\" \"believe,\" \"seek,\" \"target\" or other similar expressions that\npredict or indicate future events or trends or that are not statements of\nhistorical matters. These statements are based on various assumptions, whether\nor not identified in this press release, and on the current expectations of\nEigenQ's and SVAQ's management and are not predictions of actual\nperformance.\n\nThese forward-looking statements are provided for illustrative purposes only\nand are not intended to serve as and must not be relied on by any investor as\na guarantee, an assurance, a prediction or a definitive statement of fact or\nprobability. Actual events and circumstances are difficult or impossible to\npredict and will differ from assumptions. Many actual events and circumstances\nare beyond the control of EigenQ and SVAQ. These forward-looking statements\nare subject to a number of risks and uncertainties, including (1) the\noccurrence of any event, change or other circumstances that could give rise to\nthe termination of the proposed Business Combination; (2) the outcome of any\nlegal proceedings that may be instituted against EigenQ, SVAQ, PubCo or others\nfollowing the announcement of the proposed Business Combination; (3) the\ninability to complete the proposed Business Combination due to the failure to\nobtain approval of the shareholders of SVAQ or stockholders of EigenQ or to\nsatisfy other conditions to closing; (4) changes to the proposed structure of\nthe proposed Business Combination that may be required or appropriate as a\nresult of applicable laws or regulations or as a condition to obtaining\nregulatory approval of the proposed Business Combination; (5) the ability to\nmeet and, after closing, maintain stock exchange listing standards in\nconnection with or following the consummation of the proposed Business\nCombination; (6) the risk that the proposed Business Combination disrupts\ncurrent plans and operations of EigenQ as a result of the announcement and\nconsummation of the proposed Business Combination; (7) EigenQ's ability to\nscale and grow its business, and the ability to recognize the anticipated\nbenefits of the proposed Business Combination, which may be affected by, among\nother things, PubCo's and EigenQ's ability to successfully execute EigenQ's\nbusiness plans, deploy products and services that are accepted in the\nmarketplace, grow and manage growth, maintain relationships with customers,\nand retain the services of management and key employees, as well as by\nnumerous other factors including, without limitation, the timeline and scope\nof governmental mandates applicable to EigenQ's business, competition, and\nfurther developments in quantum computing technology; (8) the ability to\nimplement business plans, forecasts, identify and realize additional\nopportunities, and meet or exceed management's current expectations for\nEigenQ's business; (9) political, social or economic instability, including in\nemerging markets, such as the Middle East and other countries in which EigenQ,\nPubCo, relevant OEMs and other channel participants and customers of some or\nall of the foregoing operate or plan to operate; (10) risks relating to\nproduct development and commercialization timing, OEM integration, customer\nadoption and strategic participant and manufacturer, supplier and distribution\nrelationships; (11) EigenQ's ability to maintain and recognize benefits from\nits existing strategic relationships; (12) costs related to the proposed\nBusiness Combination; (13) changes in applicable laws or regulations; (14)\nchanges in government mandates, requirements and standards as they relate to\nquantum security and infrastructure; (15) EigenQ's estimates of expenses and\ncapital needs and related management assumptions regarding, among other\nmatters, the potential timeline to consummate the proposed transaction,\nshareholder redemptions and transaction consideration or other adjustments;\n(16) any downturn or volatility in economic conditions; (17) changes in the\ncompetitive environment affecting EigenQ or its customers, including EigenQ's\ninability to introduce new products or technologies; (18) the impact of\npricing pressure and erosion; (19) supply chain risks; (20) risks to EigenQ's\nability to protect its intellectual property and avoid infringement by others,\nor claims of infringement against EigenQ or PubCo; (21) the possibility that\nEigenQ, SVAQ and PubCo may be adversely affected by other economic, business\nand/or competitive factors; (22) EigenQ's estimates of its potential future\nperformance; (23) risks related to the fact that SVAQ is incorporated in the\nCayman Islands and governed by Cayman Islands law; (24) and other factors\ndiscussed in SVAQ's Annual Report on Form 10-K filed with the SEC on March 31,\n2026, under the heading \"Risk Factors,\" and subsequent Quarterly Reports on\nForm 10-Q, the Registration Statement on Form S-4 filed with the SEC on\nSeptember 28, 2026, and the proxy statement/prospectus included therein, or\nother documents that will be filed with the SEC. If any of these risks\nmaterialize or our assumptions with respect thereto prove incorrect, actual\nresults could differ materially from the results implied by these\nforward-looking statements. There may be additional risks that neither EigenQ\nnor SVAQ presently knows or that EigenQ and SVAQ currently believe are\nimmaterial that could also cause actual results to differ from those contained\nin the forward-looking statements. In addition, forward-looking statements\nreflect EigenQ's and SVAQ's expectations, plans, beliefs or forecasts of\nfuture events and views as of the date of this press release. EigenQ and SVAQ\nanticipate that subsequent events and developments will cause EigenQ's and\nSVAQ's assessments to change. However, while EigenQ and SVAQ may elect to\nupdate these forward-looking statements at some point in the future, EigenQ\nand SVAQ specifically disclaim any obligation to do so. These forward-looking\nstatements should not be relied upon as representing EigenQ's and SVAQ's\nassessments as of any date after the date of this press release. Accordingly,\nundue reliance should not be placed upon the forward-looking statements.\n\nNo Offer or Solicitation\n\nThis press release does not constitute a solicitation of a proxy, consent, or\nauthorization with respect to any securities or in respect of the proposed\nBusiness Combination. This press release also does not constitute an offer to\nsell or the solicitation of an offer to buy any securities or a solicitation\nof any vote or approval, nor shall there be any sale of securities in any\njurisdiction in which such offer, solicitation or sale would be unlawful prior\nto registration or qualification under the securities laws of any such\njurisdiction. This press release is not, and under no circumstances is to be\nconstrued as, a prospectus, an advertisement or a public offering of the\nsecurities described herein in the United States or any other jurisdiction. No\noffer of securities shall be made except by means of a prospectus meeting the\nrequirements of the Securities Act of 1933, as amended (the \"Securities Act\"),\nor an exemption therefrom. Investors should consult with their counsel as to\nthe applicable requirements for a purchaser of securities to avail itself of\nany exemption under the Securities Act.\n\nParticipants in Solicitation\n\nSVAQ, EigenQ and certain of their respective directors, executive officers and\nother members of management and employees may, under SEC rules, be deemed to\nbe participants in the solicitations of proxies from SVAQ's shareholders in\nconnection with the proposed Business Combination. Information regarding the\npersons who may, under SEC rules, be deemed participants in the solicitation\nof SVAQ's shareholders in connection with the proposed Business Combination is\nset forth in the preliminary proxy statement/prospectus included in the\nRegistration Statement filed with the SEC. You can find more information about\nSVAQ's directors and executive officers in SVAQ's Annual Report on Form 10-K\nfiled with the SEC on March 31, 2026. Additional information regarding the\nparticipants in the proxy solicitation and a description of their direct and\nindirect interests are included in the preliminary proxy statement/prospectus\ncontained in the Registration Statement. Shareholders, potential investors and\nother interested persons should read the preliminary proxy\nstatement/prospectus and, once available, the definitive proxy\nstatement/prospectus carefully before making any voting or investment\ndecisions. You may obtain free copies of these documents from the sources\nindicated above.\n\nView original content to download\nmultimedia:https://www.prnewswire.com/news-releases/eigenq-and-silicon-valley-acquisition-corp-advance-proposed-business-combination-with-public-filing-of-registration-statement-on-form-s-4-302891988.html\n(https://www.prnewswire.com/news-releases/eigenq-and-silicon-valley-acquisition-corp-advance-proposed-business-combination-with-public-filing-of-registration-statement-on-form-s-4-302891988.html)\n\nSOURCE EigenQ\n\n\n\nMedia Relations: Nir (Benda) Ben-David, Benda@EigenQ.com, Contact@EigenQ.com; Investor Relations:Michael Anderson, michael@blueshirtgroup.com, IR@EigenQ.com\n\nPhoto: \nhttps://mmx.prnewswire.com/media/MS1690897/EigenQ-Logo.jpg?id=OA2974257\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved.","article_body_html":"","raw_payload":{"data":{"id":"nPn6HGhqTa-20260928","title":"EigenQ and Silicon Valley Acquisition Corp. Advance Proposed Business Combination with Public Filing of Registration Statement on Form S-4","author":"PR Newswire","ticker":"SVAQ","created":"2026-09-28T21:09:06.545Z","tickers":["SVAQ"],"exchange":"NASDAQ","article_body":"EigenQ and Silicon Valley Acquisition Corp. Advance Proposed Business Combination with Public Filing of Registration Statement on Form S-4\nPR Newswire\n\nAUSTIN, Texas and PALO ALTO, Calif., Sept. 28, 2026\n\nPublic filing marks another milestone toward completion of the previously\nannounced business combination\n\nAUSTIN, Texas and PALO ALTO, Calif., Sept. 28, 2026 /PRNewswire/ -- EigenQ,\nInc. (\"EigenQ\" or the \"Company\") and Silicon Valley Acquisition Corp. (Nasdaq:\nSVAQ) (\"SVAQ\") today announced the public filing with the U.S. Securities and\nExchange Commission (\"SEC\") of a registration statement on Form S-4 (the\n\"Registration Statement\") in connection with their previously announced\nproposed business combination (the \"Business Combination\").\n\nThe Registration Statement includes a preliminary proxy statement/prospectus\nrelating to the proposed Business Combination. The Registration Statement has\nnot yet been declared effective by the SEC, and the information contained\ntherein remains subject to change.\n\nThe public filing represents another step toward completion of the proposed\nBusiness Combination. Earlier this month, EigenQ announced that it has secured\napproximately $45 million in a convertible financing, with approximately half\nof the capital already funded, to support the commercialization of its\nquantum-safe security portfolio and continue developing quantum products\nacross security, communications, networking and sensing.\n\nUnder the terms of the Business Combination Agreement, as amended, SVAQ is\nexpected to domesticate to become a Delaware corporation and, following\ncompletion of the Business Combination, be renamed as EigenQ Holdings, Inc.\n(\"PubCo\"). EigenQ will survive the merger as a wholly owned subsidiary of\nPubCo.\n\nSVAQ has applied to list the PubCo Common Stock and PubCo Public Warrants on\nthe Nasdaq Global Market under the proposed ticker symbols \"EIGQ\" and \"EIGQW,\"\nrespectively, effective upon the closing of the Business Combination. There\nis no condition to Closing that the PubCo Public Warrants be approved for\nlisting on Nasdaq, and there can be no assurance that the PubCo Public\nWarrants will be listed on Nasdaq or any other national securities exchange\nfollowing the Closing. Completion of the Business Combination remains subject\nto the Registration Statement being declared effective by the SEC, required\nshareholder approvals, satisfaction of applicable listing requirements and\nother customary closing conditions. The Business Combination is currently\nexpected to close in the fourth quarter of 2026.\n\n\"The public filing of the Registration Statement represents another important\nmilestone toward completing our proposed Business Combination with SVAQ,\" said\nDr. José R. Rosas-Bustos, Chief Executive Officer of EigenQ. \"As we continue\nadvancing the transaction, our focus remains on disciplined execution,\nadvancing our technology and commercialization strategy with channel\nparticipants, OEMs and customers, and building sustainable long-term value.\"\n\nDr. Jesse Van Griensven Thé, Chairman of EigenQ, added: \"Our mission is to\nbuild the trusted infrastructure that enables governments, enterprises and\ncritical industries to operate securely in the Quantum Era. We believe the\nproposed Business Combination can provide EigenQ with an expanded platform\nfrom which to accelerate innovation, deepen strategic partnerships and advance\nthe commercialization of our foundational quantum technologies. As we move\nforward, we remain committed to building a more trusted, resilient and\nquantum-ready digital future.\"\n\nThe Registration Statement, including the preliminary proxy\nstatement/prospectus and additional information regarding the proposed\nBusiness Combination, is available through the SEC's website at www.sec.gov\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4784377-1&h=167365573&u=http%3A%2F%2Fwww.sec.gov%2F&a=www.sec.gov)\n. Investors and security holders are urged to read the Registration Statement\nand the documents incorporated by reference therein carefully and in their\nentirety because they contain important information about the proposed\nBusiness Combination.\n\nAbout EigenQ\n\nEigenQ is an applied quantum technology company developing hardware-rooted,\nquantum-safe trust infrastructure for the Quantum Era. Headquartered in Texas,\nUSA, the Company's initial commercial focus is on practical cybersecurity\ntechnologies designed to strengthen existing digital infrastructure through\npost-quantum cryptography, quantum-derived entropy, hardware-rooted trust,\nsecure identity and cryptographic agility.\n\nEigenQ is advancing product development, integration, validation and\ncustomer-evaluation activities with original equipment manufacturers (OEMs),\ntechnology partners and prospective customers as it works toward initial\ncommercial sales and deployments of its cybersecurity technologies. Over time,\nthe Company intends to expand its technology platform and capabilities across\nadditional areas of the quantum technology landscape, including quantum\nartificial intelligence, quantum communications and networking, quantum\nsensing and quantum computing.\n\nAdditional information about EigenQ is available at www.EigenQ.com\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4784377-1&h=2110809317&u=http%3A%2F%2Fwww.eigenq.com%2F&a=www.EigenQ.com)\n.\n\nAbout Silicon Valley Acquisition Corp.\n\nSilicon Valley Acquisition Corp. (Nasdaq: SVAQ) is a publicly traded special\npurpose acquisition company organized for the purpose of effecting a merger,\nshare exchange, asset acquisition, share purchase, reorganization, or similar\nbusiness combination with one or more businesses. For more information,\nvisit https://svacquisitioncorp.com\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4784377-1&h=1906314685&u=https%3A%2F%2Fsvacquisitioncorp.com%2F&a=https%3A%2F%2Fsvacquisitioncorp.com)\n.\n\nAdvisors\n\nEigenQ's U.S. legal counsel is Ellenoff Grossman & Schole LLP. SVAQ's U.S.\nlegal counsel is Greenberg Traurig, LLP. Cohen & Company Capital Markets,\na division of Cohen & Company Securities, LLC is acting as Exclusive\nFinancial Advisor, Lead Capital Markets Advisor and Lead Placement Agent to\nEigenQ, Secure Strategy Group, LLC is also acting as Placement Agent to\nEigenQ. The Blueshirt Group is providing investor relations advisory services\nto EigenQ and AUM Media is providing investor relations advisory services to\nSVAQ.\n\nImportant Information About the Proposed Business Combination and Where to\nFind It\n\nThis communication relates to a proposed business combination transaction\n(\"Business Combination\") by and between Silicon Valley Acquisition Corp.\n(\"SVAQ\") and EigenQ Inc. (\"EigenQ\"). The proposed Business Combination will be\nsubmitted to the shareholders of SVAQ for their consideration. SVAQ has filed\nwith the Securities and Exchange Commission (the \"SEC\") a registration\nstatement on Form S-4 (as may be amended or supplemented, the \"Registration\nStatement\"), which includes a preliminary proxy statement/prospectus relating\nto the proposed Business Combination and other matters as described in the\nRegistration Statement, as well as a prospectus relating to the securities to\nbe issued in connection with the completion of the proposed Business\nCombination. After the Registration Statement has been declared effective by\nthe SEC, SVAQ will mail a definitive proxy statement/prospectus and other\nrelevant documents to its shareholders as of the record date established for\nvoting on the proposed Business Combination.\n\nSVAQ's shareholders and other interested persons are advised to read the\npreliminary proxy statement/prospectus and any amendments thereto and, once\navailable, the definitive proxy statement/prospectus in connection with SVAQ's\nsolicitation of proxies for its extraordinary general meeting of shareholders\nto be held to approve, among other things, the proposed Business Combination,\nbecause these documents contain or will contain important information about\nSVAQ, EigenQ, PubCo and the proposed Business Combination. This press release\ndoes not contain all the information that should be considered concerning the\nBusiness Combination and other matters and is not intended to provide the\nbasis for any investment decision or any other decision in respect of such\nmatters. SVAQ and EigenQ may also file other documents with the SEC regarding\nthe Business Combination. Shareholders may also obtain a copy of the\npreliminary proxy statement/prospectus and, once available, the definitive\nproxy statement/prospectus, as well as other documents filed with the SEC\nregarding the proposed Business Combination and other documents filed with the\nSEC by SVAQ, without charge, at the SEC's website located at www.sec.gov\n(http://www.sec.gov) or by directing a request to Silicon Valley Acquisition\nCorp., 425 Page Mill Rd., Suite 200, 2nd Floor, Palo Alto, CA 94306.\n\nINVESTMENT IN ANY SECURITIES DESCRIBED HEREIN HAS NOT BEEN APPROVED OR\nDISAPPROVED BY THE SEC OR ANY OTHER REGULATORY AUTHORITY, NOR HAS ANY\nAUTHORITY PASSED UPON OR ENDORSED THE MERITS OF THE PROPOSED BUSINESS\nCOMBINATION PURSUANT TO WHICH ANY SECURITIES ARE TO BE OFFERED OR THE ACCURACY\nOR ADEQUACY OF THE INFORMATION CONTAINED HEREIN. ANY REPRESENTATION TO THE\nCONTRARY IS A CRIMINAL OFFENSE.\n\nForward-Looking Statements\n\nThis press release contains certain forward-looking statements within the\nmeaning of the U.S. federal securities laws with respect to the proposed\nBusiness Combination and the parties thereto. All statements contained in this\npress release other than statements of historical fact, including, without\nlimitation, statements regarding the proposed Business Combination between\nSVAQ and EigenQ; the anticipated benefits and timing of the proposed Business\nCombination; expected trading of PubCo securities on Nasdaq; PubCo's potential\nfuture financial performance; PubCo and EigenQ's ability to execute EigenQ's\nbusiness strategy; EigenQ's market opportunity and positioning; and other\nstatements regarding the transaction parties' intentions, beliefs, or\nexpectations with respect to PubCo's future performance, are forward-looking\nstatements. Forward-looking statements may be identified by the use of words\nsuch as \"estimate,\" \"plan,\" \"project,\" \"forecast,\" \"intend,\" \"will,\" \"expect,\"\n\"anticipate,\" \"believe,\" \"seek,\" \"target\" or other similar expressions that\npredict or indicate future events or trends or that are not statements of\nhistorical matters. These statements are based on various assumptions, whether\nor not identified in this press release, and on the current expectations of\nEigenQ's and SVAQ's management and are not predictions of actual\nperformance.\n\nThese forward-looking statements are provided for illustrative purposes only\nand are not intended to serve as and must not be relied on by any investor as\na guarantee, an assurance, a prediction or a definitive statement of fact or\nprobability. Actual events and circumstances are difficult or impossible to\npredict and will differ from assumptions. Many actual events and circumstances\nare beyond the control of EigenQ and SVAQ. These forward-looking statements\nare subject to a number of risks and uncertainties, including (1) the\noccurrence of any event, change or other circumstances that could give rise to\nthe termination of the proposed Business Combination; (2) the outcome of any\nlegal proceedings that may be instituted against EigenQ, SVAQ, PubCo or others\nfollowing the announcement of the proposed Business Combination; (3) the\ninability to complete the proposed Business Combination due to the failure to\nobtain approval of the shareholders of SVAQ or stockholders of EigenQ or to\nsatisfy other conditions to closing; (4) changes to the proposed structure of\nthe proposed Business Combination that may be required or appropriate as a\nresult of applicable laws or regulations or as a condition to obtaining\nregulatory approval of the proposed Business Combination; (5) the ability to\nmeet and, after closing, maintain stock exchange listing standards in\nconnection with or following the consummation of the proposed Business\nCombination; (6) the risk that the proposed Business Combination disrupts\ncurrent plans and operations of EigenQ as a result of the announcement and\nconsummation of the proposed Business Combination; (7) EigenQ's ability to\nscale and grow its business, and the ability to recognize the anticipated\nbenefits of the proposed Business Combination, which may be affected by, among\nother things, PubCo's and EigenQ's ability to successfully execute EigenQ's\nbusiness plans, deploy products and services that are accepted in the\nmarketplace, grow and manage growth, maintain relationships with customers,\nand retain the services of management and key employees, as well as by\nnumerous other factors including, without limitation, the timeline and scope\nof governmental mandates applicable to EigenQ's business, competition, and\nfurther developments in quantum computing technology; (8) the ability to\nimplement business plans, forecasts, identify and realize additional\nopportunities, and meet or exceed management's current expectations for\nEigenQ's business; (9) political, social or economic instability, including in\nemerging markets, such as the Middle East and other countries in which EigenQ,\nPubCo, relevant OEMs and other channel participants and customers of some or\nall of the foregoing operate or plan to operate; (10) risks relating to\nproduct development and commercialization timing, OEM integration, customer\nadoption and strategic participant and manufacturer, supplier and distribution\nrelationships; (11) EigenQ's ability to maintain and recognize benefits from\nits existing strategic relationships; (12) costs related to the proposed\nBusiness Combination; (13) changes in applicable laws or regulations; (14)\nchanges in government mandates, requirements and standards as they relate to\nquantum security and infrastructure; (15) EigenQ's estimates of expenses and\ncapital needs and related management assumptions regarding, among other\nmatters, the potential timeline to consummate the proposed transaction,\nshareholder redemptions and transaction consideration or other adjustments;\n(16) any downturn or volatility in economic conditions; (17) changes in the\ncompetitive environment affecting EigenQ or its customers, including EigenQ's\ninability to introduce new products or technologies; (18) the impact of\npricing pressure and erosion; (19) supply chain risks; (20) risks to EigenQ's\nability to protect its intellectual property and avoid infringement by others,\nor claims of infringement against EigenQ or PubCo; (21) the possibility that\nEigenQ, SVAQ and PubCo may be adversely affected by other economic, business\nand/or competitive factors; (22) EigenQ's estimates of its potential future\nperformance; (23) risks related to the fact that SVAQ is incorporated in the\nCayman Islands and governed by Cayman Islands law; (24) and other factors\ndiscussed in SVAQ's Annual Report on Form 10-K filed with the SEC on March 31,\n2026, under the heading \"Risk Factors,\" and subsequent Quarterly Reports on\nForm 10-Q, the Registration Statement on Form S-4 filed with the SEC on\nSeptember 28, 2026, and the proxy statement/prospectus included therein, or\nother documents that will be filed with the SEC. If any of these risks\nmaterialize or our assumptions with respect thereto prove incorrect, actual\nresults could differ materially from the results implied by these\nforward-looking statements. There may be additional risks that neither EigenQ\nnor SVAQ presently knows or that EigenQ and SVAQ currently believe are\nimmaterial that could also cause actual results to differ from those contained\nin the forward-looking statements. In addition, forward-looking statements\nreflect EigenQ's and SVAQ's expectations, plans, beliefs or forecasts of\nfuture events and views as of the date of this press release. EigenQ and SVAQ\nanticipate that subsequent events and developments will cause EigenQ's and\nSVAQ's assessments to change. However, while EigenQ and SVAQ may elect to\nupdate these forward-looking statements at some point in the future, EigenQ\nand SVAQ specifically disclaim any obligation to do so. These forward-looking\nstatements should not be relied upon as representing EigenQ's and SVAQ's\nassessments as of any date after the date of this press release. Accordingly,\nundue reliance should not be placed upon the forward-looking statements.\n\nNo Offer or Solicitation\n\nThis press release does not constitute a solicitation of a proxy, consent, or\nauthorization with respect to any securities or in respect of the proposed\nBusiness Combination. This press release also does not constitute an offer to\nsell or the solicitation of an offer to buy any securities or a solicitation\nof any vote or approval, nor shall there be any sale of securities in any\njurisdiction in which such offer, solicitation or sale would be unlawful prior\nto registration or qualification under the securities laws of any such\njurisdiction. This press release is not, and under no circumstances is to be\nconstrued as, a prospectus, an advertisement or a public offering of the\nsecurities described herein in the United States or any other jurisdiction. No\noffer of securities shall be made except by means of a prospectus meeting the\nrequirements of the Securities Act of 1933, as amended (the \"Securities Act\"),\nor an exemption therefrom. Investors should consult with their counsel as to\nthe applicable requirements for a purchaser of securities to avail itself of\nany exemption under the Securities Act.\n\nParticipants in Solicitation\n\nSVAQ, EigenQ and certain of their respective directors, executive officers and\nother members of management and employees may, under SEC rules, be deemed to\nbe participants in the solicitations of proxies from SVAQ's shareholders in\nconnection with the proposed Business Combination. Information regarding the\npersons who may, under SEC rules, be deemed participants in the solicitation\nof SVAQ's shareholders in connection with the proposed Business Combination is\nset forth in the preliminary proxy statement/prospectus included in the\nRegistration Statement filed with the SEC. You can find more information about\nSVAQ's directors and executive officers in SVAQ's Annual Report on Form 10-K\nfiled with the SEC on March 31, 2026. Additional information regarding the\nparticipants in the proxy solicitation and a description of their direct and\nindirect interests are included in the preliminary proxy statement/prospectus\ncontained in the Registration Statement. Shareholders, potential investors and\nother interested persons should read the preliminary proxy\nstatement/prospectus and, once available, the definitive proxy\nstatement/prospectus carefully before making any voting or investment\ndecisions. You may obtain free copies of these documents from the sources\nindicated above.\n\nView original content to download\nmultimedia:https://www.prnewswire.com/news-releases/eigenq-and-silicon-valley-acquisition-corp-advance-proposed-business-combination-with-public-filing-of-registration-statement-on-form-s-4-302891988.html\n(https://www.prnewswire.com/news-releases/eigenq-and-silicon-valley-acquisition-corp-advance-proposed-business-combination-with-public-filing-of-registration-statement-on-form-s-4-302891988.html)\n\nSOURCE EigenQ\n\n\n\nMedia Relations: Nir (Benda) Ben-David, Benda@EigenQ.com, Contact@EigenQ.com; Investor Relations:Michael Anderson, michael@blueshirtgroup.com, IR@EigenQ.com\n\nPhoto: \nhttps://mmx.prnewswire.com/media/MS1690897/EigenQ-Logo.jpg?id=OA2974257\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved."},"type":"article","timestamp":"2026-09-28T21:09:06.611137499Z","server_sent_at_ms":1790629746611},"received_at":"2026-09-28T21:09:06.910Z","source_url":"https://www.prnewswire.com/news-releases/eigenq-and-silicon-valley-acquisition-corp-advance-proposed-business-combination-with-public-filing-of-registration-statement-on-form-s-4-302891988.html"},"analysis":{"id":"143394","press_release_id":"154634","analysis_json":{"industry":null,"redFlags":["Registration Statement not yet effective; deal subject to shareholder approval and listing conditions","No assurance PubCo Public Warrants will be listed on Nasdaq","Closing could be delayed by shareholder redemptions or regulatory conditions","Warrant listing is not a condition to closing"],"eventType":"m_and_a","narrative":"EigenQ and Silicon Valley Acquisition Corp. (Nasdaq: SVAQ) publicly filed a Form S-4 registration statement with the SEC for their previously announced business combination.\n\nThe filing includes a preliminary proxy statement/prospectus; the deal remains subject to SEC effectiveness, shareholder approvals and Nasdaq listing conditions, with closing expected in Q4 2026.\n\nPost-closing, the combined company will be renamed EigenQ Holdings, Inc. and trade under proposed tickers EIGQ and EIGQW. EigenQ also recently secured approximately $45 million in convertible financing to fund commercialization of its quantum-safe security portfolio.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"SPAC de-SPAC process advances on schedule -- S-4 filed, Q4 2026 close targeted, upcoming ticker change to EIGQ."},"keyFigures":{"dealValueUsd":0,"customDimensions":{"expected_close":"Q4 2026","proposed_tickers":["EIGQ","EIGQW"],"convertible_financing":"$45 million"}},"quotedText":"The public filing of the Registration Statement represents another important milestone toward completing our proposed Business Combination with SVAQ","namedEntities":{"people":[{"name":"Dr. José R. 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The deal remains subject to SEC effectiveness, shareholder approval and listing conditions, so no new economics were disclosed."},"tickerRelevance":{"others":[],"primary":"SVAQ"},"globalImportance":20,"audienceRelevance":15,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"micro-cap SPAC","eventGravity":"procedural S-4 filing milestone","dealAnnounced":"previously announced; no new terms","issuerAuthored":true}},"event_type":"m_and_a","event_type_secondary":null,"sentiment":"neutral","material_impact_score":2,"narrative":"EigenQ and Silicon Valley Acquisition Corp. (Nasdaq: SVAQ) publicly filed a Form S-4 registration statement with the SEC for their previously announced business combination.\n\nThe filing includes a preliminary proxy statement/prospectus; the deal remains subject to SEC effectiveness, shareholder approvals and Nasdaq listing conditions, with closing expected in Q4 2026.\n\nPost-closing, the combined company will be renamed EigenQ Holdings, Inc. and trade under proposed tickers EIGQ and EIGQW. EigenQ also recently secured approximately $45 million in convertible financing to fund commercialization of its quantum-safe security portfolio.","key_figures":{"dealValueUsd":0,"customDimensions":{"expected_close":"Q4 2026","proposed_tickers":["EIGQ","EIGQW"],"convertible_financing":"$45 million"}},"named_entities":{"people":[{"name":"Dr. José R. Rosas-Bustos","role":"CEO of EigenQ"},{"name":"Dr. Jesse Van Griensven Thé","role":"Chairman of EigenQ"}],"products":["EigenQ quantum-safe security portfolio"],"companies":[{"name":"EigenQ, Inc.","relationship":"merger target"},{"name":"Silicon Valley Acquisition Corp.","ticker":"SVAQ","relationship":"SPAC acquirer"},{"name":"Ellenoff Grossman & Schole LLP","relationship":"legal counsel to EigenQ"},{"name":"Greenberg Traurig, LLP","relationship":"legal counsel to SVAQ"},{"name":"Cohen & Company Capital Markets","relationship":"financial advisor and placement agent"},{"name":"Secure Strategy Group, LLC","relationship":"placement agent"},{"name":"The Blueshirt Group","relationship":"investor relations"},{"name":"AUM Media","relationship":"investor relations"}],"dollarAmounts":[{"amount":"$45 million","context":"convertible financing secured by EigenQ to support commercialization"}]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-09-28T21:09:12.909Z","global_importance":20,"audience_relevance":15,"importance_components":{"tickerTier":"micro-cap SPAC","eventGravity":"procedural S-4 filing milestone","dealAnnounced":"previously announced; no new terms","issuerAuthored":true}},"durationMs":5795,"modelName":"glm-5.3-flashx"}}