other_material
confidence high
sentiment neutral
materiality 0.75
NuScale enters $500M ATM equity offering program with five agents
NUSCALE POWER Corp
- May sell up to $500M of Class A common stock under at-the-market offering.
- Agents include UBS, TD Cowen, B. Riley, Canaccord, and Tuohy Brothers.
- Sales are at Company's discretion from time to time; no minimum requirement.
- Opinion of O'Melveny & Myers on share validity filed as Exhibit 5.1.
- Proceeds expected for general corporate purposes, as typical for ATM programs.
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