{"url_path":"/sec/svac/10-k/2026/item-4","section_key":"item-4","section_title":"Item 4 INFORMATION ON THE","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":481,"has_tables":true,"body_markdown":"**ITEM 4. INFORMATION ON THE\nCOMPANY**\n\n \n\n**A. History and Development of the Company**\n\n \n\nThe Company was incorporated\nin the Cayman Islands on March 12, 2025 for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share\npurchase, reorganization, or similar business combination involving Spring Valley and one or more businesses or entities. See the section\nentitled “*Explanatory Note*” in this Report for additional information regarding the Company and the Business Combination.\n\n \n\nGeneral Fusion Inc. was incorporated\nunder the *Company Act* (British Columbia) on April 16, 2002, and amalgamated under the *Business Corporations Act* (British\nColumbia) with Fusion Energy Ventures Ltd. as one company under the name General Fusion Inc. on January 1, 2023. On the Closing Date,\npursuant to the Amalgamation, NewCo amalgamated with General Fusion to form one corporate entity, General Fusion Inc., a wholly-owned\nsubsidiary of the Company.\n\n \n\nThe mailing address of our\nprincipal executive office is 6020 Russ Baker Way, Richmond, British Columbia V7B 1B4, Canada. Our telephone number is (604) 439-3003.\nOur agent for service of process in the United States is Puglisi & Associates. Our website is *https://generalfusion.com*.\nThe information contained on the website does not form a part of, and is not incorporated by reference into, this Report.\n\n \n\nCertain additional information\nabout General Fusion is included in the Proxy Statement/Prospectus under the section entitled “*Business of General Fusion and\nCertain Information About General Fusion*” and is incorporated herein by reference. The material terms of the Business Combination\nare described in the Proxy Statement/Prospectus under the sections entitled “*Summary Term Sheet*,” “*Questions\nand Answers About the Spring Valley Shareholders’ Meeting and the Business Combination*,” “*Summary of Proxy Statement/Prospectus*,”\nand “*Proposal No. 2—The Business Combination Proposal*,” each of which are incorporated herein by reference.\nA copy of the Business Combination Agreement is filed as Exhibit 4.1 to this Report.\n\n \n\n 2 \n\n \n\n \n\n**B. Business Overview**\n\n \n\nInformation regarding our\nbusiness is included in the Proxy Statement/Prospectus under the sections entitled “*Business of General Fusion and Certain Information\nAbout General Fusion*” and “*General Fusion Management’s Discussion and Analysis of Financial Condition and Results\nof Operations*,” each of which are incorporated herein by reference.\n\n \n\n**C. Organizational Structure**\n\n \n\nThe Company is the parent\nholding company of General Fusion Inc. following the consummation of the Business Combination. On the day immediately preceding the Closing\nDate, Spring Valley changed its name to “General Fusion Group Ltd.” and, pursuant to the Amalgamation, NewCo amalgamated with\nGeneral Fusion to form one corporate entity, General Fusion Inc., a wholly-owned subsidiary of the Company. The organizational chart of\nthe Company after giving effect to the Business Combination is included on page 2 of the Proxy Statement/Prospectus and is incorporated\nherein by reference.\n\n \n\n**D. Property, Plants and Equipment**\n\n \n\nInformation regarding our\nfacilities is included in the Proxy Statement/Prospectus under the section entitled “*Business of General Fusion and Certain Information\nAbout General Fusion—Facilities*” and is incorporated herein by reference."}