NuScale Power Files 8-K with Material Agreements

Ticker: SMR · Form: 8-K · Filed: Oct 9, 2024

Sentiment: neutral

Topics: material-agreement, financials, corporate-filing

TL;DR

NuScale Power filed an 8-K on Oct 9, 2024, reporting material agreements and financials.

AI Summary

NuScale Power Corporation filed an 8-K on October 9, 2024, reporting the entry into a material definitive agreement and financial statements. The filing details NuScale Power's corporate information, including its incorporation in Delaware and principal executive offices in Corvallis, Oregon.

Why It Matters

This filing indicates significant corporate actions or agreements by NuScale Power, which could impact its business operations and financial standing.

Risk Assessment

Risk Level: low — The filing is a standard corporate disclosure and does not inherently present new risks.

Key Numbers

Key Players & Entities

FAQ

What specific material definitive agreement was entered into by NuScale Power?

The filing indicates the entry into a material definitive agreement but does not specify the details of the agreement within the provided text.

What are the key financial statements or exhibits being filed?

The filing states that Financial Statements and Exhibits are being filed, but the specific content of these is not detailed in the provided excerpt.

When was NuScale Power Corporation incorporated?

NuScale Power Corporation was incorporated in Delaware.

What is the principal business address of NuScale Power?

The principal executive offices are located at 1100 NE Circle Blvd., Suite 200, Corvallis, OR 97330.

What was NuScale Power's former company name?

NuScale Power's former company name was SPRING VALLEY ACQUISITION CORP.

Filing Stats: 646 words · 3 min read · ~2 pages · Grade level 9.7 · Accepted 2024-10-09 17:13:30

Key Financial Figures

Filing Documents

01. Entry into a Material Definitive Agreement

Item 1.01. Entry into a Material Definitive Agreement On October 3, 2024, NuScale Power OVS, LLC, a subsidiary of NuScale Power Corporation (the " Company "), entered into Task Order No. R1MA-P2-OFS-90-K200 (the " Task Order ") with Fluor Transworld Services Inc. for the supply of services in connection with its small modular reactor project in Romania. Fluor Transworld Services Inc. is a subsidiary of Fluor Enterprises, Inc., which is a related party of the Company. The Task Order was signed under Master Services Agreement No. C1-1220-73352, dated January 25, 2021, between Fluor Enterprises, Inc. and NuScale Power, LLC. Subject to the terms and conditions of the Task Order, NuScale Power OVS will provide certain Front-End Engineering and Design (FEED) Services for the RoPower Nuclear S.A. Doicesti project in Romania. The foregoing description of the Task Order does not purport to be complete and is qualified in its entirety by reference to the full text of the Task Order, a copy of which is attached as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference.

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit No. 10.1 1, 2 Task Order No.: R1MA-P2-OFS-90-K200, dated October 3, between the Company and Fluor Transworld Services, Inc., - (portions of this exhibit have been omitted) 104 Cover Page Interactive Data File (formatted as Inline XBRL). 1 Filed herewith. 2 Non-material schedules and exhibits have been omitted pursuant to Item 601(a)(5) of Regulation S-K. The registrant hereby undertakes to furnish supplemental copies of any of the omitted schedules and exhibits upon request by the SEC. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. NuScale Power Corporation Date: October 9, 2024 By: /s/ Andrea Lachenmayr Name: Andrea Lachenmayr Title: Interim General Counsel

View on Read The Filing