Statement of Changes in Beneficial Ownership (Form 4)

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person * Spring Valley Acquisition Sponsor II, LLC 2. Issuer Name and Ticker or Trading Symbol Spring Valley Acquisition Corp. II [SVII] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director __X__ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) C/O SPRING VALLEY ACQUISITION CORP. II, 2100 MCKINNEY AVE, SUITE 1675 3. Date of Earliest Transaction (Month/Day/Year) 02/24/2026 (Street) DALLAS, TX 75201 4. If Amendment, Date Original Filed (Month/Day/Year) 6. Individual or Joint/Group Filing (Check Applicable Line) ___ Form filed by One Reporting Person _X_ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Class A ordinary shares 02/24/2026 C(1) 1 A (1) 7,546,667 I See Footnote(2) Class A ordinary shares 02/24/2026 J(3) 7,546,667 D (3) 0 I See Footnote(2)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code (Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date (Month/Day/Year)

7. Title and Amount of Underlying Securities (Instr. 3 and 4)

8. Price of Derivative Security (Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Class B ordinary shares

(4)

02/24/2026

C(1)

1

(4)

(4)

Class A ordinary shares

1

(1)

0

I

See Footnote(2)

Warrant

$11.50

02/24/2026

J(5)

13,350,000

03/26/2026

02/26/2031

Class A ordinary shares

13,350,000

(5)

0

I

See Footnote(2)

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
Spring Valley Acquisition Sponsor II, LLC C/O SPRING VALLEY ACQUISITION CORP. II 2100 MCKINNEY AVE, SUITE 1675 DALLAS, TX 75201		X
PEARL ENERGY INVESTMENTS II, L.P. 2100 MCKINNEY AVE., SUITE 1675 DALLAS, TX 75201		X
Pearl Energy Investment II GP, L.P. 2100 MCKINNEY AVE., SUITE 1675 DALLAS, TX 75201		X
Pearl Energy Investment II UGP, LLC 2100 MCKINNEY AVE., SUITE 1675 DALLAS, TX 75201		X
Quinn William J 2100 MCKINNEY AVE., SUITE 1675 DALLAS, TX 75201		X

Signatures

Spring Valley Acquisition Sponsor II, LLC, By: /s/ David Levinson Name: David Levinson Title: Corporate Secretary		03/03/2026
**Signature of Reporting Person		Date
Pearl Energy Investments II, L.P. By: Pearl Energy Investment II, GP, L.P., its General Partner By: Pearl Energy Investment II UGP, LLC, its General Partner By: /s/ William Quinn Name: William Quinn Title: Managing Partner		03/03/2026
**Signature of Reporting Person		Date
Pearl Energy Investment II GP, L.P. By: Pearl Energy Investment UGP, LLC, its General Partner By: /s/ William Quinn Name: William Quinn Title: Managing Partner		03/03/2026
**Signature of Reporting Person		Date
Pearl Energy Investment II UGP, LLC By: /s/ William Quinn Name: William Quinn Title: Managing Partner		03/03/2026
**Signature of Reporting Person		Date
/s/ William Quinn		03/03/2026
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Represents one Class B ordinary share of Spring Valley Acquisition Corp. II (the "Issuer") that converted into one Class A ordinary share of the Issuer in connection with the consummation of the business combination (the "Business Combination") pursuant to that certain Amended and Restated Agreement and Plan of Merger, dated as of September 29, 2025, by and among Eagle Nuclear Energy Corp. ("New Eagle"), Spring Valley Acquisition Corp. II (the "Sponsor"), Eagle Energy Metals Corp., Spring Valley Merger Sub III, Inc., and Spring Valley Merger Sub II, Inc.
(2)	The reported securities were held directly by the Sponsor. The Sponsor is controlled by Pearl Energy Investment II, L.P. ("Pearl"). Pearl is controlled by its general partner, Pearl Energy Investment II GP, LP ("Pearl GP"), and Pearl GP is controlled by its general partner, Pearl Energy Investment II UGP, LLC ("Pearl LLC"). Accordingly, all of the shares held by the Sponsor may be deemed to be beneficially held by Pearl, Pearl GP and Pearl LLC. Each such reporting person under this Form 4 disclaims beneficial ownership of the reported securities except to the extent of their respective pecuniary interest therein and the filing of this Form 4 shall not be construed as an admission that any such reporting person is the beneficial owner of any such securities
(3)	Disposed of in automatic exchange for shares of common stock of New Eagle in connection with the consummation of the Business Combination.
(4)	The Class B ordinary shares of the Issuer were automatically convertible into Class A ordinary shares of the Issuer at the time of the Issuer's initial business combination or earlier at the option of the holder, on a one-for-one basis (subject to adjustment), and had no expiration date.
(5)	Represents private placement warrants acquired by the Sponsor in connection with the Issuer's initial public offering, which warrants were converted into warrants of New Eagle to purchase shares of New Eagle common stock, at an exercise price of $11.50 per share, in connection with the consummation of the Business Combination.

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