EigenQ, Silicon Valley Acquisition Corp. secure USD 45 million convertible note financing for commercialization plans

Bitget2026/09/18 11:01

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EigenQ signed a securities purchase agreement with an institutional investor for about $45 million of convertible note financing.
$22.5 million funded upfront; remaining amount expected to fund at completion of EigenQ’s planned business combination with Silicon Valley Acquisition Corp.
Proceeds earmarked for commercialization of quantum-safe security products, capacity expansion with partners, ongoing R&D, working capital.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Silicon Valley Acquisition Corp. published the original content used to generate this news brief via PR Newswire (Ref. ID: LA51342) on September 18, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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EigenQ, Silicon Valley Acquisition Corp. secure USD 45 million convertible note financing for commercialization plans

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