---
schema_version: "secwatch.filing_event.v1"
accession: "0001822966-23-000207"
form_type: "8-K"
ticker: "SMR"
cik: "0001822966"
company_name: "NUSCALE POWER Corp"
filed_at: "2023-08-10T23:59:59+00:00"
generated_at: "2026-06-11T18:55:05.179078+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# NuScale Power enters $150M at-the-market offering agreement with Cowen, B. Riley, Canaccord

## Summary
- ATM offering of up to $150M of Class A common stock under Sales Agreement with Cowen, B. Riley Securities, and Canaccord Genuity.
- Sales agents receive commission of up to 3% of gross proceeds; Company provides customary indemnification.
- Shares to be sold through NYSE or other trading markets at Company's discretion; no minimum price specified.
- Prospectus supplement filed August 9, 2023; registration statement on Form S-3 effective June 8, 2023.

## SEC filing metadata
- accession: 0001822966-23-000207
- form_type: 8-K
- ticker: SMR
- cik: 0001822966
- company_name: NUSCALE POWER Corp
- filed_at: 2023-08-10T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1822966/000182296623000207/0001822966-23-000207-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1822966/000182296623000207/smr-20230809.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001822966-23-000207
- JSON: https://secwatch.observer/filing/0001822966-23-000207.json
- Plain text: https://secwatch.observer/filing/0001822966-23-000207.txt

## Key facts
- Material Agreements
  NUSCALE POWER Corp entered into Sales Agreement with Cowen and Company, LLC, B. Riley Securities, Inc., Canaccord Genuity LLC valued at up to $150,000,000 (effective 2023-08-09).
  - Action: entry
  - Agreement: atm program
  - Counterparty: Cowen and Company, LLC, B. Riley Securities, Inc., Canaccord Genuity LLC
  - Value: up to $150,000,000
  - Effective: 2023-08-09
  source text: On August 9, 2023, NuScale Power Corporation (the “Company”) entered into a Sales Agreement (the “Sales Agreement”) with Cowen and Company, LLC (“Cowen”), B. Riley Securities, Inc. (“B. Riley”) and Canaccord Genuity LLC (“Canaccord”), with respect to an at-the-market offering program under which the Company may offer and sell, from time to time at its sole discretion, shares of its Class A common stock, par value $0.0001 per share (the “Common Stock”), having an aggregate offering price of up to $150,000,000 (the “Shares”) through any of Cowen, B. Riley or Canaccord as its “sales agent.”
  evidence_url: https://www.sec.gov/Archives/edgar/data/1822966/000182296623000207/0001822966-23-000207-index.htm

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