{"id":395205,"date":"2020-12-08T08:03:38","date_gmt":"2020-12-08T13:03:38","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=395205"},"modified":"2020-12-08T08:03:38","modified_gmt":"2020-12-08T13:03:38","slug":"spring-valley-acquisition-corp-announces-the-separate-trading-of-its-class-a-ordinary-shares-and-warrants-commencing-december-8-2020","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/spring-valley-acquisition-corp-announces-the-separate-trading-of-its-class-a-ordinary-shares-and-warrants-commencing-december-8-2020\/","title":{"rendered":"Spring Valley Acquisition Corp. Announces the Separate Trading of its Class A Ordinary Shares and Warrants Commencing December 8, 2020"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Spring Valley Acquisition Corp. Announces the Separate Trading of its Class A Ordinary <\/b><b>Shares and Warrants Commencing December 8, 2020<\/b><\/p>\n<p>DALLAS&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nSpring Valley Acquisition Corp. (NASDAQ: SVSVU) (the \u201cCompany\u201d) announced that, commencing December 8, 2020, holders of the units sold in the Company\u2019s initial public offering of 23,000,000 units, completed on November 27, 2020, may elect to separately trade the Class A ordinary shares and warrants included in the units. Any units not separated will continue to trade on the Nasdaq Capital Market (the \u201cNasdaq\u201d) under the symbol \u201cSVSVU,\u201d and the separated Class A ordinary shares and warrants are expected to trade on the Nasdaq under the symbols \u201cSV\u201d and \u201cSVSVW,\u201d respectively. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Holders of units will need to have their brokers contact Continental Stock Transfer &amp; Trust Company, the Company\u2019s transfer agent, in order to separate the units into Class A ordinary shares and warrants.\n<\/p>\n<p>\nThe units were initially offered by the Company in an underwritten offering. Cowen and Company, LLC and Wells Fargo Securities, LLC acted as joint book-running managers and Drexel Hamilton, LLC and Siebert Williams Shank &amp; Co., LLC acted as co-managers of the offering. A registration statement relating to the units and the underlying securities was declared effective by the Securities and Exchange Commission (the \u201cSEC\u201d) on November 23, 2020.\n<\/p>\n<p>\nThis press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities of the Company, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.\n<\/p>\n<p><b>About Spring Valley Acquisition Corp.<\/b><\/p>\n<p>\nSpring Valley Acquisition Corp. is a blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. While the Company may pursue an initial business combination target in any business or industry, the Company is targeting companies focusing on sustainability, including clean energy and storage, smart grid\/efficiency, environmental services and recycling, mobility, water and wastewater management, advanced materials and technology enabled services. The Company\u2019s sponsor is supported by Pearl Energy Investment Management, LLC, a Dallas, Texas-based investment firm that focuses on partnering with best-in-class management teams to invest in the North American energy industry.\n<\/p>\n<p><b>Forward-Looking Statements<\/b><\/p>\n<p>\nThis press release may include \u201cforward-looking statements\u201d within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact included in this press release are forward-looking statements. When used in this press release, words such as \u201canticipate,\u201d \u201cbelieve,\u201d \u201cestimate,\u201d \u201cexpect,\u201d \u201cintend\u201d and similar expressions identify forward-looking statements. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company\u2019s registration statement and prospectus relating to the Company\u2019s initial public offering filed with the SEC. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201208005205r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20201208005205\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20201208005205\/en\/<\/a><\/span><\/p>\n<p>\nSpring Valley Acquisition Corp.<br \/>\n<br \/><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sv-ac.com&amp;esheet=52344388&amp;newsitemid=20201208005205&amp;lan=en-US&amp;anchor=www.sv-ac.com&amp;index=1&amp;md5=2cc4b3785ce3621ef215226f4ee4c5cc\">www.sv-ac.com<br \/>\n<\/a><br \/>Robert Kaplan<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:Robert.Kaplan@sv-ac.com\">Robert.Kaplan@sv-ac.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America Texas<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Banking Accounting Professional Services Other Natural Resources Small Business Natural Resources Other Manufacturing Legal Insurance Human Resources Finance Consulting Manufacturing<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20201208005205\/en\/844948\/3\/SVAC_Logo_-_Small_%28blue%29_-_updated.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Spring Valley Acquisition Corp. Announces the Separate Trading of its Class A Ordinary Shares and Warrants Commencing December 8, 2020 DALLAS&#8211;(BUSINESS WIRE)&#8211; Spring Valley Acquisition Corp. (NASDAQ: SVSVU) (the \u201cCompany\u201d) announced that, commencing December 8, 2020, holders of the units sold in the Company\u2019s initial public offering of 23,000,000 units, completed on November 27, 2020, may elect to separately trade the Class A ordinary shares and warrants included in the units. Any units not separated will continue to trade on the Nasdaq Capital Market (the \u201cNasdaq\u201d) under the symbol \u201cSVSVU,\u201d and the separated Class A ordinary shares and warrants are expected to trade on the Nasdaq under the symbols \u201cSV\u201d and \u201cSVSVW,\u201d respectively. No fractional warrants will be issued upon &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/spring-valley-acquisition-corp-announces-the-separate-trading-of-its-class-a-ordinary-shares-and-warrants-commencing-december-8-2020\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Spring Valley Acquisition Corp. Announces the Separate Trading of its Class A Ordinary Shares and Warrants Commencing December 8, 2020&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-395205","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Spring Valley Acquisition Corp. 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Announces the Separate Trading of its Class A Ordinary Shares and Warrants Commencing December 8, 2020 DALLAS&#8211;(BUSINESS WIRE)&#8211; Spring Valley Acquisition Corp. (NASDAQ: SVSVU) (the \u201cCompany\u201d) announced that, commencing December 8, 2020, holders of the units sold in the Company\u2019s initial public offering of 23,000,000 units, completed on November 27, 2020, may elect to separately trade the Class A ordinary shares and warrants included in the units. Any units not separated will continue to trade on the Nasdaq Capital Market (the \u201cNasdaq\u201d) under the symbol \u201cSVSVU,\u201d and the separated Class A ordinary shares and warrants are expected to trade on the Nasdaq under the symbols \u201cSV\u201d and \u201cSVSVW,\u201d respectively. No fractional warrants will be issued upon &hellip; Continue reading &quot;Spring Valley Acquisition Corp. 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(NASDAQ: SVSVU) (the \u201cCompany\u201d) announced that, commencing December 8, 2020, holders of the units sold in the Company\u2019s initial public offering of 23,000,000 units, completed on November 27, 2020, may elect to separately trade the Class A ordinary shares and warrants included in the units. Any units not separated will continue to trade on the Nasdaq Capital Market (the \u201cNasdaq\u201d) under the symbol \u201cSVSVU,\u201d and the separated Class A ordinary shares and warrants are expected to trade on the Nasdaq under the symbols \u201cSV\u201d and \u201cSVSVW,\u201d respectively. No fractional warrants will be issued upon &hellip; Continue reading \"Spring Valley Acquisition Corp. 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