secwatch.observer — SEC 8-K summary
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Issuer:     NUSCALE POWER Corp (SMR)
CIK:        0001822966
Form:       8-K
Filed at:   2024-12-26T23:59:59+00:00
Accession:  0001822966-24-000164
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NuScale completes warrant redemption, receives $227.7M cash, issues 19.8M shares
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- As of Dec 19, 2024, ~97% of outstanding public warrants were exercised at $11.50/share.
- Holders received 19,800,548 shares of common stock in exchange for $227.7 million in proceeds.
- All unexercised warrants redeemed at $0.01 each; no warrants remain outstanding.
- Warrants have ceased trading on the NYSE.
- Cash infusion strengthens balance sheet; dilution of ~19.8M shares.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1822966/000182296624000164/0001822966-24-000164-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1822966/000182296624000164/smr-20241226.htm
  HTML page:      https://secwatch.observer/filing/0001822966-24-000164

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer