---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-056493"
form_type: "8-K"
ticker: "SMR"
cik: "0001822966"
company_name: "NUSCALE POWER Corp"
filed_at: "2022-05-05T23:59:59+00:00"
generated_at: "2026-06-25T23:57:52.334020+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# NuScale completes de-SPAC merger with Spring Valley, begins trading on NYSE

## Summary
- PIPE investment of $235M from 23.7M shares of Class A common stock consummated at closing.
- Post-closing: 43.6M Class A shares, 178.4M Class B shares outstanding; Legacy NuScale holders own 80.4%, PIPE 10.7%, public 6.5%.
- Fluor Enterprises holds 56.9% of total common stock; Doosan & affiliates 6.8%; Japan NuScale Innovation 8.7%.
- NuScale Class A common stock (SMR) and warrants (SMR WS) began trading on NYSE on May 3, 2022.
- Registration Rights Agreement, Tax Receivable Agreement, and indemnification agreements entered into at closing.

## SEC filing metadata
- accession: 0001104659-22-056493
- form_type: 8-K
- ticker: SMR
- cik: 0001822966
- company_name: NUSCALE POWER Corp
- filed_at: 2022-05-05T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.01, 9.01, 3.02, 3.03, 4.01, 5.01, 5.02, 5.03, 5.05, 5.06, 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1822966/000110465922056493/0001104659-22-056493-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1822966/000110465922056493/tm2213736d7_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-056493
- JSON: https://secwatch.observer/filing/0001104659-22-056493.json
- Plain text: https://secwatch.observer/filing/0001104659-22-056493.txt

## Key facts
- Executive change
  Robert Temple was appointed as General Counsel and Corporate Secretary at NUSCALE POWER Corp.
  - Action: appointed
  - Role: General Counsel and Corporate Secretary
  source text: John L. Hopkins was appointed as NuScale’s Chief Executive Officer and President, Chris Colbert was appointed as NuScale’s Chief Financial Officer, Jose N. Reyes was appointed as NuScale’s Chief Technical Officer, Dale Atkinson was appointed as NuScale’s Chief Operating Officer and Chief Nuclear Officer, and Robert Temple was appointed as NuScale’s General Counsel and Corporate Secretary.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1822966/000110465922056493/0001104659-22-056493-index.htm
- Executive change
  William Quinn departed as Director at NUSCALE POWER Corp.
  - Action: ceased serving
  - Role: Director
  source text: William Quinn, Debora Frodl, Richard Thompson and Patrick Wood, III ceased serving on Spring Valley’s board of directors.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1822966/000110465922056493/0001104659-22-056493-index.htm
- Executive change
  Kimberly O. Warnica was elected as Director at NUSCALE POWER Corp.
  - Action: elected
  - Role: Director
  source text: John L. Hopkins, Alan L. Boeckmann, Alvin C. Collins, III, James T. Hackett, Kent Kresa, Christopher J. Panichi, Kimberly O. Warnica, and Christopher Sorrells were elected as directors of NuScale
  evidence_url: https://www.sec.gov/Archives/edgar/data/1822966/000110465922056493/0001104659-22-056493-index.htm
- Executive change
  John L. Hopkins was appointed as Chief Executive Officer and President at NUSCALE POWER Corp.
  - Action: appointed
  - Role: Chief Executive Officer and President
  source text: John L. Hopkins was appointed as NuScale’s Chief Executive Officer and President, Chris Colbert was appointed as NuScale’s Chief Financial Officer, Jose N. Reyes was appointed as NuScale’s Chief Technical Officer, Dale Atkinson was appointed as NuScale’s Chief Operating Officer and Chief Nuclear Officer, and Robert Temple was appointed as NuScale’s General Counsel and Corporate Secretary.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1822966/000110465922056493/0001104659-22-056493-index.htm
- Executive change
  Chris Colbert was appointed as Chief Financial Officer at NUSCALE POWER Corp.
  - Action: appointed
  - Role: Chief Financial Officer
  source text: John L. Hopkins was appointed as NuScale’s Chief Executive Officer and President, Chris Colbert was appointed as NuScale’s Chief Financial Officer, Jose N. Reyes was appointed as NuScale’s Chief Technical Officer, Dale Atkinson was appointed as NuScale’s Chief Operating Officer and Chief Nuclear Officer, and Robert Temple was appointed as NuScale’s General Counsel and Corporate Secretary.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1822966/000110465922056493/0001104659-22-056493-index.htm
- Executive change
  Alan L. Boeckmann was elected as Director at NUSCALE POWER Corp.
  - Action: elected
  - Role: Director
  source text: John L. Hopkins, Alan L. Boeckmann, Alvin C. Collins, III, James T. Hackett, Kent Kresa, Christopher J. Panichi, Kimberly O. Warnica, and Christopher Sorrells were elected as directors of NuScale
  evidence_url: https://www.sec.gov/Archives/edgar/data/1822966/000110465922056493/0001104659-22-056493-index.htm
- Executive change
  Jose N. Reyes was appointed as Chief Technical Officer at NUSCALE POWER Corp.
  - Action: appointed
  - Role: Chief Technical Officer
  source text: John L. Hopkins was appointed as NuScale’s Chief Executive Officer and President, Chris Colbert was appointed as NuScale’s Chief Financial Officer, Jose N. Reyes was appointed as NuScale’s Chief Technical Officer, Dale Atkinson was appointed as NuScale’s Chief Operating Officer and Chief Nuclear Officer, and Robert Temple was appointed as NuScale’s General Counsel and Corporate Secretary.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1822966/000110465922056493/0001104659-22-056493-index.htm
- Executive change
  Debora Frodl departed as Director at NUSCALE POWER Corp.
  - Action: ceased serving
  - Role: Director
  source text: William Quinn, Debora Frodl, Richard Thompson and Patrick Wood, III ceased serving on Spring Valley’s board of directors.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1822966/000110465922056493/0001104659-22-056493-index.htm
- Executive change
  Alvin C. Collins, III was elected as Director at NUSCALE POWER Corp.
  - Action: elected
  - Role: Director
  source text: John L. Hopkins, Alan L. Boeckmann, Alvin C. Collins, III, James T. Hackett, Kent Kresa, Christopher J. Panichi, Kimberly O. Warnica, and Christopher Sorrells were elected as directors of NuScale
  evidence_url: https://www.sec.gov/Archives/edgar/data/1822966/000110465922056493/0001104659-22-056493-index.htm
- Executive change
  James T. Hackett was elected as Director at NUSCALE POWER Corp.
  - Action: elected
  - Role: Director
  source text: John L. Hopkins, Alan L. Boeckmann, Alvin C. Collins, III, James T. Hackett, Kent Kresa, Christopher J. Panichi, Kimberly O. Warnica, and Christopher Sorrells were elected as directors of NuScale
  evidence_url: https://www.sec.gov/Archives/edgar/data/1822966/000110465922056493/0001104659-22-056493-index.htm
- Executive change
  Richard Thompson departed as Director at NUSCALE POWER Corp.
  - Action: ceased serving
  - Role: Director
  source text: William Quinn, Debora Frodl, Richard Thompson and Patrick Wood, III ceased serving on Spring Valley’s board of directors.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1822966/000110465922056493/0001104659-22-056493-index.htm
- Executive change
  Kent Kresa was elected as Director at NUSCALE POWER Corp.
  - Action: elected
  - Role: Director
  source text: John L. Hopkins, Alan L. Boeckmann, Alvin C. Collins, III, James T. Hackett, Kent Kresa, Christopher J. Panichi, Kimberly O. Warnica, and Christopher Sorrells were elected as directors of NuScale
  evidence_url: https://www.sec.gov/Archives/edgar/data/1822966/000110465922056493/0001104659-22-056493-index.htm
- Executive change
  Patrick Wood, III departed as Director at NUSCALE POWER Corp.
  - Action: ceased serving
  - Role: Director
  source text: William Quinn, Debora Frodl, Richard Thompson and Patrick Wood, III ceased serving on Spring Valley’s board of directors.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1822966/000110465922056493/0001104659-22-056493-index.htm
- Executive change
  Christopher Sorrells was elected as Director at NUSCALE POWER Corp.
  - Action: elected
  - Role: Director
  source text: John L. Hopkins, Alan L. Boeckmann, Alvin C. Collins, III, James T. Hackett, Kent Kresa, Christopher J. Panichi, Kimberly O. Warnica, and Christopher Sorrells were elected as directors of NuScale
  evidence_url: https://www.sec.gov/Archives/edgar/data/1822966/000110465922056493/0001104659-22-056493-index.htm
- Executive change
  Christopher J. Panichi was elected as Director at NUSCALE POWER Corp.
  - Action: elected
  - Role: Director
  source text: John L. Hopkins, Alan L. Boeckmann, Alvin C. Collins, III, James T. Hackett, Kent Kresa, Christopher J. Panichi, Kimberly O. Warnica, and Christopher Sorrells were elected as directors of NuScale
  evidence_url: https://www.sec.gov/Archives/edgar/data/1822966/000110465922056493/0001104659-22-056493-index.htm
- Executive change
  John L. Hopkins was elected as Director at NUSCALE POWER Corp.
  - Action: elected
  - Role: Director
  source text: John L. Hopkins, Alan L. Boeckmann, Alvin C. Collins, III, James T. Hackett, Kent Kresa, Christopher J. Panichi, Kimberly O. Warnica, and Christopher Sorrells were elected as directors of NuScale
  evidence_url: https://www.sec.gov/Archives/edgar/data/1822966/000110465922056493/0001104659-22-056493-index.htm
- Executive change
  Dale Atkinson was appointed as Chief Operating Officer and Chief Nuclear Officer at NUSCALE POWER Corp.
  - Action: appointed
  - Role: Chief Operating Officer and Chief Nuclear Officer
  source text: John L. Hopkins was appointed as NuScale’s Chief Executive Officer and President, Chris Colbert was appointed as NuScale’s Chief Financial Officer, Jose N. Reyes was appointed as NuScale’s Chief Technical Officer, Dale Atkinson was appointed as NuScale’s Chief Operating Officer and Chief Nuclear Officer, and Robert Temple was appointed as NuScale’s General Counsel and Corporate Secretary.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1822966/000110465922056493/0001104659-22-056493-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.