{"url_path":"/sec/svac/10-k/2026/item-3","section_key":"item-3","section_title":"Item 3 KEY INFORMATION**","topic":"sec","document":{"doc_type":"20-F","doc_date":"2026-07-16","source_url":"https://www.sec.gov/Archives/edgar/data/2074850/0001104659-26-084015-index.html","accession_number":"0001104659-26-084015","cik":"0002074850","ticker":"SVAC","issuer_name":"General Fusion Group Ltd.","edgar_url":"https://www.sec.gov/Archives/edgar/data/2074850/0001104659-26-084015-index.html","primary_entity_key":"0002074850","primary_entity_name":"General Fusion Group Ltd."},"word_count":179,"has_tables":true,"body_markdown":"**ITEM 3. KEY INFORMATION**\n\n \n\n**A. Selected Financial Data**\n\n \n\n[Reserved]\n\n \n\n 1 \n\n \n\n \n\n**B. Capitalization and Indebtedness**\n\n \n\nThe following table sets forth\nour capitalization on an unaudited pro forma combined basis as of December 31, 2025, after giving effect to the Business Combination\nand related transactions:\n\n \n\n \n \n**As of December 31, 2025**\n \n\n**Pro Forma Combined Consolidated(1)**\n \n**(US$) in thousands**\n \n\nCash and cash equivalents\n \n \n169,626\n \n\nCurrent liabilities\n \n \n73,108\n \n\nLong-term liabilities\n \n \n87,644\n \n\nTemporary equity\n \n \n \n \n\nRedeemable convertible PIPE preferred shares (10,556,373 shares issued and outstanding)\n \n \n106,256\n \n\nShareholders’ equity\n \n \n \n \n\nCommon shares (52,988,419 shares issued and outstanding)\n \n \n365,406\n \n\nAdditional paid-in capital\n \n \n-\n \n\nAccumulated other comprehensive loss\n \n \n(6,704\n)\n\nAccumulated deficit\n \n \n(444,666\n)\n\nTotal shareholders’ equity\n \n \n(85,964\n)\n\nTotal liabilities, temporary equity, and shareholders’ equity\n \n \n181,044\n \n\nTotal capitalization\n \n \n64,865\n \n\n \n\n \n\n(1)Reflects redemptions of 21,075,896 General Fusion Class A Common Shares in connection with the Business Combination.\n\n \n\n**C. Reasons for the Offer and Use of Proceeds**\n\n \n\nNot applicable.\n\n \n\n**D. Risk Factors**\n\n \n\nThe risk factors related to\nthe business and operations of the Company are described in the Proxy Statement/Prospectus under the section entitled “*Risk Factors*,”\nwhich is incorporated herein by reference."}