NEW YORK – June 18, 2026 – Global law firm Greenberg Traurig, LLP is advising Silicon Valley Acquisition Corp. (SVAQ), a special purpose acquisition company, on the signing of a definitive business combination agreement with EigenQ Inc., a quantum technology company developing and commercializing foundational technologies across quantum security, quantum AI, quantum communications, quantum sensing, and quantum computing, that is expected to result in EigenQ becoming a publicly traded company.
The transaction values EigenQ at a pro forma enterprise value of approximately $3 billion, supported by approximately $215 million in SVAQ’s trust account, prior to shareholder redemptions and transaction expenses. The transaction is expected to close in the fourth quarter of 2026, subject to customary approvals and closing conditions, and upon closing, the combined company is expected to trade on Nasdaq under the ticker symbol "EIGQ."
The transaction is expected to support EigenQ’s next phase of growth, including expansion of its quantum-proof trust infrastructure platform, hardware-rooted security technologies, artificial intelligence security capabilities, strategic partnerships, global commercialization efforts, and continued investment in high-performance computing and sovereign AI futures.
SVAQ completed its $215 million IPO in December 2025. It is led by Chief Executive Officer Dan Nash, a seasoned investment banker and entrepreneur. In his past roles as co-founder and head of investment banking at Cohen & Company Capital Markets, in addition to roles at Wells Fargo and Bank of America, Nash has advised on more than 75 SPAC and traditional IPO transactions.
The multioffice Greenberg Traurig team was led by Alan I. Annex, vice chair of the firm and senior chair of the firm's Global Corporate Practice, Shareholders Adam S. Namoury (New York) and Tricia Branker (West Palm Beach) and New York Corporate Associates Ricardo Crispim Leite, Yoojin Lee, Tiange (Tim) Chen, Stefano de Conciliis, and Benjamin Cohen.
Other GT team members included Mindy B. Leathe (Shareholder, Miami, Benefits & Compensation), Whitney Bly Edwards, Ph.D. (Shareholder, Atlanta, Labor & Employment), Justin P. Hedge (Shareholder, Washington, D.C., Antitrust Litigation & Competition Regulation), Rebecca Tracy Rotem (Of Counsel, Washington, D.C., Antitrust Litigation & Competition Regulation), David M. Greenberg (Shareholder, New York, Intellectual Property & Technology), Tzy-Ying (Sandy) Chiu (Of Counsel, New York, Intellectual Property & Technology), Sukhdeep S. Gill (Associate, Philadelphia, Intellectual Property & Technology), James Maynor (Shareholder, Northern Virginia, Tax), and Robert D. Simon (Shareholder, Northern Virginia, Tax).