NuScale Power Corporation has entered into a significant sales agreement with several financial firms, including UBS Securities LLC, TD Securities $(USA)$ LLC, B. Riley Securities, Inc., Canaccord Genuity LLC, and Tuohy Brothers Investment Research, Inc. This agreement, dated August 11, 2025, outlines an at-the-market offering program allowing NuScale Power to sell shares of its Class A common stock, valued at up to $500 million, at its discretion. The sales agents involved in this agreement will facilitate the sale of these shares. O'Melveny & Myers LLP, acting as counsel to NuScale Power, has confirmed the validity of the shares to be issued, marking a crucial step for the company's financial strategy.
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. NuScale Power Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-077025), on August 13, 2025, and is solely responsible for the information contained therein.