NuScale Power Files 8-K: Board & Compensation Updates
Ticker: SMR · Form: 8-K · Filed: Jan 14, 2025
Sentiment: neutral
Topics: corporate-governance, executive-compensation, filing
TL;DR
NuScale Power filed an 8-K detailing board changes and executive pay. Expect updates soon.
AI Summary
NuScale Power Corporation filed an 8-K on January 14, 2025, reporting changes in its board of directors and executive compensation arrangements. The filing also includes financial statements and exhibits, with the company incorporated in Delaware and headquartered in Corvallis, Oregon.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — This filing is routine and reports standard corporate governance and financial information without immediate material financial impact.
Key Numbers
- 001-39736 — SEC File Number (Identifies the company's filing history with the SEC.)
- 98-1588588 — IRS Employer Identification No. (Company's tax identification number.)
Key Players & Entities
- NuScale Power Corporation (company) — Registrant
- January 14, 2025 (date) — Filing date
- Delaware (jurisdiction) — State of incorporation
- Corvallis, OR (location) — Principal executive offices
- SPRING VALLEY ACQUISITION CORP. (company) — Former company name
FAQ
What specific changes were made to the board of directors?
The filing indicates changes related to the 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers', but the specific names and details of these changes are not provided in the excerpt.
What are the details of the compensatory arrangements for certain officers?
The filing mentions 'Compensatory Arrangements of Certain Officers' as an item information, but the specific details of these arrangements are not included in the provided text.
What is the company's primary business activity?
The Standard Industrial Classification (SIC) code provided is 'FABRICATED PLATE WORK (BOILER SHOPS) [3443]', suggesting a focus on manufacturing related to boilers and fabricated plate work.
When did the company change its name from SPRING VALLEY ACQUISITION CORP.?
The date of the name change from SPRING VALLEY ACQUISITION CORP. to NuScale Power Corporation was August 28, 2020.
What is the address of NuScale Power Corporation's principal executive offices?
The principal executive offices are located at 1100 NE Circle Blvd., Suite 200, Corvallis, OR 97330.
Filing Stats: 544 words · 2 min read · ~2 pages · Grade level 10 · Accepted 2025-01-14 10:59:51
Key Financial Figures
- $0.0001 — which registered Class A common stock, $0.0001 par value per share SMR New York Stock
Filing Documents
- smr-20250114.htm (8-K) — 31KB
- nuscalepowerannouncesdep.htm (EX-99.1) — 5KB
- nuscalepowerannouncesdep001.jpg (GRAPHIC) — 273KB
- nuscalepowerannouncesdep002.jpg (GRAPHIC) — 37KB
- 0001822966-25-000011.txt ( ) — 593KB
- smr-20250114.xsd (EX-101.SCH) — 2KB
- smr-20250114_lab.xml (EX-101.LAB) — 23KB
- smr-20250114_pre.xml (EX-101.PRE) — 13KB
- smr-20250114_htm.xml (XML) — 3KB
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit No. 99.1 * Press Release issued by NuScale Power Corporation on January 1 4 , 2025. 104 Cover Page Interactive Data File (formatted as Inline XBRL). * Filed herewith. 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: January 14, 2025 By: /s/ Andrea Lachenmayr Name: Andrea Lachenmayr Title: Interim General Counsel