Chubu Global Investment Americas Files SC 13D/A for NuScale Power

TL;DR

Chubu Global Investment Americas filed an amendment for NuScale Power, watch for ownership changes.

AI Summary

Chubu Global Investment Americas Inc. filed an amendment (No. 2) to its Schedule 13D on November 27, 2024, regarding its holdings in NuScale Power Corporation. The filing indicates a change in the beneficial ownership of NuScale Power Corporation's Class A Common Stock. Chubu Global Investment Americas Inc. is the filer, and NuScale Power Corporation is the subject company.

Why It Matters

This filing signals a potential shift in significant ownership or strategy for NuScale Power Corporation, which could impact its stock price and future business decisions.

Risk Assessment

Risk Level: medium — Amendments to Schedule 13D often indicate changes in significant shareholder positions, which can lead to increased volatility.

Key Players & Entities

• Chubu Global Investment Americas Inc. (company) — Filer of the Schedule 13D/A
• NuScale Power Corporation (company) — Subject company of the Schedule 13D/A
• Class A Common Stock (security) — Securities held by the filer

FAQ

Key Financial Figures

• $0.0001 — (Name of Issuer) Class A Common Stock, $0.0001 par value (Title of Class of Securitie

Filing Documents

• 13da.htm (SC 13D/A) — 265KB
• ex99-5.htm (EX-99.5) — 8KB
• ex99-6.htm (EX-99.6) — 335KB
• 0000908834-24-000347.txt ( ) — 610KB

Security and Issuer

Item 1. Security and Issuer. This Amendment hereby amends and restates Item 1 of the Original Schedule 13D in its entirety as follows: This Schedule 13D relates to the shares of Class A Common Stock, par value $0.0001 per share (the " Class A Shares "), of NuScale Power Corporation, a Delaware corporation (the " Issuer "). The address of the Issuer's principal executive offices is 1100 NE Circle Blvd., Suite 200, Corvallis, OR 97330.

Identity and Background

Item 2. Identity and Background. This Amendment hereby amends and restates Item 2 of the Original Schedule 13D in its entirety as follows: (a)-(c), (f) This statement is being jointly filed by the following persons: (i) Japan NuScale Innovation, LLC (" JNI "), a Delaware limited liability company. The principal business of JNI is to invest in the Issuer. JNI's principal business address is 3151 Briarpark Drive, Suite 400, Houston, Texas 77042. (ii) Japan Bank for International Cooperation (" JBIC "), a Japanese kabushiki kaisha which is wholly owned and controlled by the Government of Japan. The principal business of JBIC is serving as a policy-based financial institution to contribute to the sound development of Japan and the international economy and society. JBIC's principal business address is 4-1, Ohtemachi 1-Chome, Chiyoda-Ku, Tokyo 100-8144, Japan. (iii) JGC Holdings Corporation (" JGC "), a Japanese kabushiki kaisha . The principal business of JGC is to control and manage the business activities of companies by holding shares or interests to engage in engineering, procurement, and construction (" EPC "), and operation and maintenance (" O&M ") activities related to plants, facilities and systems in such areas of business as petroleum, petroleum refining, petrochemicals, gas, chemicals in general, electric power, steel manufacturing, non-ferrous metals, metal refining, and nuclear power. JGC's principal business address is 2 Chome-3-1 Minatomirai, Nishi Ward, Yokohama, Kanagawa 220-6001, Japan. (iv) JGC America, Inc. (" JGC America "), a Texas corporation and a wholly owned subsidiary of JGC. The principal business of JGC America is to act as the primary JGC operating company in the United States and to provide EPC contracting and management, commissioning, and O&M services in a wide range of plant construction fields across the United States, including LNG, gas to liquids, oi