SVAQU: SILICON VALLEY ACQUISITION SPONSOR LLC; Nash Daniel Benjamin discloses securities transactions
By AlphaYouPublished Form 4
SILICON VALLEY ACQUISITION SPONSOR LLC; Nash Daniel Benjamin
Reporting filer
SILICON VALLEY ACQUISITION SPONSOR LLC; Nash Daniel Benjamin reported Other (see filing) in Silicon Valley Acquisition Corp.: 500000 units of Class B ordinary shares (derivative), dated 2026-09-17. The full Form 4 contains 1 transaction entry.
- Disclosed
- Sep 21, 2026
Reported details
1 entry| Security | Owner | Date | Code | Action | Quantity | Price | Following holdings | Reporting delay | Filed terms and references |
|---|---|---|---|---|---|---|---|---|---|
| Class B ordinary shares (derivative) | SILICON VALLEY ACQUISITION SPONSOR LLC; Nash Daniel Benjamin | 2026-09-17 | J | Other (see filing) | 500000 | 0 | 6,665,950 | 4 days | Filed terms
|
Class B ordinary shares (derivative)
- Owner
- SILICON VALLEY ACQUISITION SPONSOR LLC; Nash Daniel Benjamin
- Date
- 2026-09-17
- Code
- J
- Action
- Other (see filing)
- Quantity
- 500000
- Price
- 0
- Following holdings
- 6,665,950
- Reporting delay
- 4 days
- Filed terms and references
Filed terms
- security Title: Class B ordinary shares
- id: F1
- transaction Date: 2026-09-17
- deemed Execution Date:
- transaction Form Type: 4
- transaction Code: J
- equity Swap Involved: 0
- id: F2
- transaction Timeliness:
- transaction Shares: 500000
- id: F2
- transaction Price Per Share: 0
- transaction Acquired Disposed Code: D
- id: F1
- id: F1
- underlying Security Title: Class A ordinary shares
- underlying Security Shares: 500000
- shares Owned Following Transaction: 6665950
- id: F3
- direct Or Indirect Ownership: D
- id: F3
Purchases, sales, grants and option exercises are different transactions. The reported code identifies the action; it does not establish a motive.
Filing context
- Quantities and prices are shown in the units filed. No trade value is inferred from their product.
- SILICON VALLEY ACQUISITION SPONSOR LLC: 10% owner.
- Nash Daniel Benjamin: 10% owner.
- F1: As described in the Issuer's registration statement on Form S-1 (File No. 333-290366) (the "Registration Statement") under the heading "Description of Securities", the Class B ordinary shares will automatically convert into Class A ordinary shares at the time of the Issuer's initial business combination, or earlier at the option of the holder, on a one-for-one basis, subject to certain adjustments described therein and have no expiration date.
- F2: Silicon Valley Acquisition Sponsor LLC (the "Sponsor") transferred 500,000 Class B ordinary shares to an institutional investor at no cost (the "Transfer"), pursuant to the terms and conditions of that certain Founder Shares Transfer Agreement, dated as of September 17, 2026, by and among the Sponsor, the Issuer and the institutional investor. The Transfer was made in connection with a note financing for the target in connection with the Issuer's proposed business combination, as further described in the Issuer's Current Report on Form 8-K, filed on September 18, 2026.
- F3: The Sponsor is the record holder of such securities. Dan Nash is the managing member of the Sponsor, and as such, has voting and investment discretion with respect to, and may be deemed to have beneficial ownership of, the securities held by the Sponsor. Mr. Nash disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
Original sources
Prepared automatically from public filing data. Report a correction.