NuScale enters exchange and lock-up agreement with Fluor for 15M Class A shares

NUSCALE POWER Corp

NuScale to issue 15M Class A shares to Fluor in exchange for 15M Class B units by Aug 12, 2025.
Fluor agrees to a 30-day lock-up on Exchanged Shares through Sep 11, 2025, with limited exceptions.
From Sep 11, 2025 to Dec 31, 2026, Fluor's daily sales of the shares capped at 5% of daily trading volume.
The agreement increases the maximum exchangeable amount per holder from 1M to 15M units for this exchange.

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