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Spring Valley and Eagle Energy Announce Merger Agreement

Story Highlights
  • Eagle Energy Metals Corp. will become the first domestic uranium exploration company with SMR technology to go public.
  • The merger with Spring Valley Acquisition Corp. II positions Eagle to address U.S. uranium supply issues and advance its SMR technology.
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Spring Valley and Eagle Energy Announce Merger Agreement

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Spring Valley Acquisition Corp. II Class A ( (SVII) ) just unveiled an announcement.

On July 31, 2025, Spring Valley Acquisition Corp. II and Eagle Energy Metals Corp. announced a definitive merger agreement, making Eagle the first domestic uranium resource exploration company with SMR technology to go public. The merger, valued at a pro-forma equity value of $312 million, is set to position Eagle as a leading U.S. nuclear energy producer, addressing the structural undersupply of uranium in the U.S. and advancing its SMR technology. The transaction, expected to close in late 2025, will result in Eagle becoming a public company under the ticker symbol ‘NUCL’, with significant implications for the nuclear energy sector and American energy security.

More about Spring Valley Acquisition Corp. II Class A

Eagle Energy Metals Corp. is a next-generation nuclear energy company with rights to the largest mineable, measured, and indicated uranium deposit in the United States. The company holds proprietary Small Modular Reactor (SMR) technology, positioning it for distributed nuclear energy deployment and potential vertical integration. Eagle’s flagship asset is the Aurora Uranium Project, located on the border of Oregon and Nevada, containing over 50 million pounds of near-surface uranium.

Average Trading Volume: 10,876

Technical Sentiment Signal: Hold

Current Market Cap: $117.6M

For a thorough assessment of SVII stock, go to TipRanks’ Stock Analysis page.

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