NuScale Power Enters Material Definitive Agreement
Ticker: SMR · Form: 8-K · Filed: Sep 24, 2025
Sentiment: neutral
Topics: material-agreement, corporate-actions
TL;DR
NuScale Power signed a big deal on 9/22/25. Details in the 8-K.
AI Summary
NuScale Power Corporation entered into a material definitive agreement on September 22, 2025. The filing also includes financial statements and exhibits. NuScale Power Corporation, previously known as Spring Valley Acquisition Corp. until August 28, 2020, is incorporated in Delaware and headquartered in Corvallis, Oregon.
Why It Matters
This filing indicates a significant new contract or partnership for NuScale Power, which could impact its future revenue and operational capacity.
Risk Assessment
Risk Level: medium — Material definitive agreements can introduce new risks or opportunities, and the specifics of this agreement are not detailed in the provided excerpt.
Key Numbers
- 001-39736 — SEC File Number (Identifies the company's filing history with the SEC.)
- 98-1588588 — IRS Employer Identification No. (Tax identification number for the company.)
Key Players & Entities
- NuScale Power Corporation (company) — Registrant
- Spring Valley Acquisition Corp. (company) — Former name
- September 22, 2025 (date) — Date of earliest event reported
- August 28, 2020 (date) — Date of name change
- Delaware (jurisdiction) — State of incorporation
- Corvallis, OR (location) — Principal executive offices
FAQ
What is the nature of the material definitive agreement entered into by NuScale Power Corporation?
The provided excerpt does not specify the nature of the material definitive agreement, only that one was entered into on September 22, 2025.
When did NuScale Power Corporation change its name from Spring Valley Acquisition Corp.?
NuScale Power Corporation changed its name from Spring Valley Acquisition Corp. on August 28, 2020.
Where are NuScale Power Corporation's principal executive offices located?
NuScale Power Corporation's principal executive offices are located at 1100 NE Circle Blvd., Suite 200, Corvallis, OR 97330.
What is the SEC file number for NuScale Power Corporation?
The SEC file number for NuScale Power Corporation is 001-39736.
What is the IRS Employer Identification Number for NuScale Power Corporation?
The IRS Employer Identification Number for NuScale Power Corporation is 98-1588588.
Filing Stats: 648 words · 3 min read · ~2 pages · Grade level 10.8 · Accepted 2025-09-24 16:36:55
Key Financial Figures
- $0.0001 — which registered Class A common stock, $0.0001 par value per share SMR New York Stock
- $32,322,870 — wer Project, for total consideration of $32,322,870.89, to be paid by the issuance of credi
Filing Documents
- smr-20250922.htm (8-K) — 32KB
- a3-partyagreementforsale.htm (EX-10.1) — 11KB
- a3-partyagreementforsale001.jpg (GRAPHIC) — 252KB
- a3-partyagreementforsale002.jpg (GRAPHIC) — 284KB
- a3-partyagreementforsale003.jpg (GRAPHIC) — 186KB
- a3-partyagreementforsale004.jpg (GRAPHIC) — 109KB
- 0001822966-25-000146.txt ( ) — 1311KB
- smr-20250922.xsd (EX-101.SCH) — 2KB
- smr-20250922_lab.xml (EX-101.LAB) — 22KB
- smr-20250922_pre.xml (EX-101.PRE) — 13KB
- smr-20250922_htm.xml (XML) — 3KB
01. Entry into a Material Definitive Agreement
Item 1.01. Entry into a Material Definitive Agreement. On September 22, 2025, NuScale Power, LLC (" NuScale "), a subsidiary of NuScale Power Corporation, entered into a Tri-Party Agreement (the " Agreement ") with the U.S. Department of Energy (" DOE ") and CFPP LLC (" CFPP ") to delineate the roles, responsibilities, procedures, and assurances that the parties will uphold concerning the disposition of certain upper reactor pressure vessel long lead materials that were produced in support of the Carbon Free Power Project under DOE award DE-NE0008935 (the " LLM Assets "). Under the terms of the Agreement, NuScale will acquire all of CFPP's right, title and interests in and to certain long lead time materials identified in the Agreement that were produced in support of the Carbon Free Power Project, for total consideration of $32,322,870.89, to be paid by the issuance of credit invoices to CFPP. If this transaction does not close on or before October 1, 2025, then CFPP will transfer the assets to be purchased by NuScale to the DOE. The foregoing description of the Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Agreement, 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 Tri-Party Agreement between U.S. Department of Energy, CFPP LLC, and NuScale Power, LLC on Long Lead Materials * 104 Cover Page Interactive Data File (formatted as Inline XBRL). * As permitted by Regulation S-K, Item 601(b)(10)(iv) of the Securities Exchange Act of 1934, as amended, certain confidential portions of this exhibit have been redacted from the publicly filed document. 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: September 24, 2025 By: /s/ Robert Ramsey Hamady Name: Robert Ramsey Hamady Title: Chief Financial Officer