secwatch / observer

NUSCALE POWER Corp — fact timeline

Source-grounded facts extracted from NUSCALE POWER Corp's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

SMR NUSCALE POWER Corp JSON
Shareholder Votes

NUSCALE POWER Corp shareholders approved To ratify the appointment of Ernst & Young, LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026 at the 2026-12-31 meeting.

“3 To ratify the appointment of Ernst & Young, LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026. FOR AGAINST ABSTAIN BROKER NON-VOTES 193,580,105 2,313,489 1,049,345 —”
Shareholder Votes

NUSCALE POWER Corp shareholders approved To approve executive compensation.

“2. To approve executive compensation. FOR AGAINST ABSTAIN BROKER NON-VOTES 110,778,297 4,203,069 849,062 81,112,511”
Shareholder Votes

NUSCALE POWER Corp shareholders approved Election of directors.

“1. To elect the following directors: FOR WITHHELD BROKER NON-VOTES Alan L. Boeckmann 107,552,108 8,278,320 81,112,511 Bum-Jin Chung 114,258,190 1,572,238 81,112,511 Shinji Fujino 114,495,219 1,335,209 81,112,511 Stuart Harshaw 83,697,585 32,132,843 81,112,511 John L. Hopkins 114,366,736 1,463,692 81,112,511 Dale Klein 114,602,209 1,228,219 81,112,511 Kent Kresa 114,456,459 1,373,969 81,112,511 Diana J. Walters 114,431,498 1,393,930 81,112,511 Kimberly O. Warnica 78,920,806 36,909,622 81,112,511”
Earnings Releases

NUSCALE POWER Corp reported financial results for the first quarter which ended March 31, 2026.

“On May 7, 2026, NuScale Power Corporation announced its financial results for the first quarter which ended March 31, 2026. A copy of the press release making this announcement is attached hereto as Exhibit 99.1.”
Material Agreements

NUSCALE POWER Corp terminated Prior Sales Agreement (effective 2026-02-26).

“In connection with the entry into the Sales Agreement, the Company terminated its at-the-market offering program pursuant to its prior sales agreement, dated as of November 7, 2025 (the “Prior Sales Agreement”), between the Company and the sales agents named therein.”
Material Agreements

NUSCALE POWER Corp entered into Sales Agreement with UBS Securities LLC, B. Riley Securities, Inc., Canaccord Genuity LLC, Tuohy Brothers Investment Research, Inc. valued at up to $1,000,000,000 (effective 2026-02-26).

“On February 26, 2026, NuScale Power Corporation (the “Company”) entered into a Sales Agreement (the “Sales Agreement”) with UBS Securities LLC (“UBS”), B. Riley Securities, Inc. (“B. Riley”), Canaccord Genuity LLC (“Canaccord”) and Tuohy Brothers Investment Research, Inc. (“Tuohy Brothers”) 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 $1,000,000,000”
Governance Changes

NUSCALE POWER Corp: Increased authorized shares of Class A common stock from 332,000,000 to 662,000,000 (effective 2025-12-17).

“the Company filed with the Secretary of State of the State of Delaware a Certificate of Amendment to the Company’s Certificate of Incorporation (as amended, the “Certificate of Incorporation”) to amend the Certificate of Incorporation to increase the number of authorized shares of the Company’s Class A common stock, par value $0.0001 per share (“Class A Common Stock”) from 332,000,000 to 662,000,000 shares”
Governance Changes

NUSCALE POWER Corp: Amended Bylaws to designate Chief Accounting Officer as an officer and remove requirement for Controller to be Chief Accounting Officer (effective 2025-11-16).

“On November 16, 2025, the Board approved and adopted an amendment to the Company’s Amended and Restated Bylaws (together with the amendment, the “Bylaws”). The Bylaws updated Article V to designate the Chief Accounting Officer as an officer of the Company and removed the requirement for the Controller of the Company to be the Chief Accounting Officer.”

Alan L. Boeckmann was appointed as Non-Executive Chairman of the Board at NUSCALE POWER Corp.

“Effective as of the date of Mr. Hackett’s resignation, the Board has appointed director Alan L. Boeckmann, a board member of the Company since December 3, 2020, and formerly Fluor Corporation’s CEO and Chairman of the Board, to serve as the Company’s non-Executive Chairman of the Board.”

James T. Hackett resigned as Chairman of the Board and Director at NUSCALE POWER Corp.

“On January 11, 2025, James T. Hackett notified the board of directors (the “Board”) of NuScale Power Corporation (the “Company”) that he intended to resign as a director and Chairman of the Board of the Company effective January 15, 2025.”
Earnings Releases

NUSCALE POWER Corp reported the quarter ended March 31, 2024 results: revenue $1.4 million, net income $48.1 million.

“NuScale reported revenue of $1.4 million and net loss of $48.1 million for the three-month period ended March 31, 2024”
Earnings Releases

NUSCALE POWER Corp reported the twelve-month period ended December 31, 2023 results: revenue Revenue of $22.8 million, net income net loss of $180.1 million.

“Revenue of $22.8 million and a net loss of $180.1 million for the twelve-month period ended December 31, 2023, compared to revenue of $11.8 million and a net loss of $141.6 million for the same period in 2022.”
Earnings Releases

NUSCALE POWER Corp reported the fourth quarter and full year ended December 31, 2023 results: revenue Revenue of $4.6 million, net income net loss of $56.4 million.

“immediate commercial opportunities with a focus on advancing revenue- generating projects, securing new orders and positioning NuScale towards long- term success. • Revenue of $4.6 million and net loss of $56.4 million for the three-month period ended December 31, 2023, compared to revenue of $3.4 million and a net loss of $47.2 million, respectively, for the same”

Jacqueline F. Engel was appointed as Interim Vice President, Accounting at NUSCALE POWER Corp.

“NuScale today publicly announced that Jacqueline F. Engel assumed the role of Interim Vice President, Accounting, effective January 6, 2024.”
Restructurings & Charges

NUSCALE POWER Corp announced a restructuring with charges of approximately $3 million in the first quarter of 2024 in connection with the Plan affecting Company's current workforce (reduction of the Company’s current workforce by 154 full time employees which represents approximately 28 percent of ful).

“On January 5, 2024, NuScale Power Corporation (the “Company”) announced a restructuring plan (the “Plan”). The Plan includes a reduction of the Company’s current workforce by 154 full time employees which represents approximately 28 percent of full-time staff. The Plan was adopted to reduce the Company’s cost base and focus resources on key strategic areas. The Company will record a charge of approximately $3 million in the first quarter of 2024 in connection with the Plan. These charges consist primarily of severance payments and related benefit costs.”

Julie Adelman departed as principal accounting officer at NUSCALE POWER Corp.

“NuScale has announced that effective January 5, 2024, that Julie Adelman, NuScale’s principal accounting officer, was released by the Company as part of the Plan described above.”

Jim Breuer was appointed as Director at NUSCALE POWER Corp.

“On December 19, 2023, the Company's Board of Directors appointed Jim Breuer to the Board of Directors.”

Chris Panichi resigned as Director at NUSCALE POWER Corp.

“On December 19, 2023, Chris Panichi resigned from the Board of Directors of NuScale Power Corporation”
Earnings Releases

NUSCALE POWER Corp reported the quarter ended September 30, 2023 results: revenue $7.0 million, net income $58.3 million.

“Revenue of $7.0 million and net loss of $58.3 million for the three-month period ended September 30, 2023, compared to revenue of $3.2 million and a net loss of $49.6 million, respectively, for the same period in 2022.”
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).

“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.””
Earnings Releases

NUSCALE POWER Corp reported three-month period ended June 30, 2023 results: revenue $5.8 million, net income net loss of $29.7 million.

“Revenue of $5.8 million and net loss of $29.7 million for the three-month period ended June 30, 2023, compared to revenue of $2.7 million and a net loss of $21.4 million, respectively, for the same period in 2022.”

R. Ramsey Hamady was appointed as Chief Financial Officer at NUSCALE POWER Corp.

“NuScale has announced that effective August 7, 2023, R. Ramsey Hamady will assume the role of Chief Financial Officer.”

Christopher Colbert departed as Chief Financial Officer at NUSCALE POWER Corp.

“NuScale has announced that effective August 7, 2023, Christopher Colbert, NuScale’s former Chief Financial Officer, has separated from the Company.”

Carl Fisher was appointed as Chief Operating Officer at NUSCALE POWER Corp.

“NuScale has announced that effective July 24, 2023, Carl Fisher will assume the role of Chief Operating Officer.”

Karin Feldman departed as Interim Chief Operating Officer/Chief Nuclear Officer at NUSCALE POWER Corp.

“NuScale has announced that effective July 24, 2023, Karin Feldman will complete her service as Interim Chief Operating Officer/Chief Nuclear Officer.”

Karin Feldman departed as Interim Chief Operating Officer/Chief Nuclear Officer at NUSCALE POWER Corp.

“Karin Feldman will complete her service as Interim Chief Operating Officer/Chief Nuclear Officer.”

Carl Fisher was appointed as Chief Operating Officer at NUSCALE POWER Corp.

“NuScale has announced that effective July 24, 2023, Carl Fisher will assume the role of Chief Operating Officer.”
Shareholder Votes

NUSCALE POWER Corp shareholders approved To ratify the appointment of Ernst & Young, LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023. at the 2023-05-26 meeting.

“3. To ratify the appointment of Ernst & Young, LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023. FOR AGAINST ABSTAIN 190,885,818 256,128 70,555”
Shareholder Votes

NUSCALE POWER Corp shareholders approved To approve the amendment of NuScale Power Corporation’s Certificate of Incorporation to provide for exculpation of officers consistent with that of directors. at the 2023-05-26 meeting.

“2. To approve the amendment of NuScale Power Corporation’s Certificate of Incorporation to provide for exculpation of officers consistent with that of directors. FOR AGAINST ABSTAIN 178,835,723 3,905,605 37,316”
Shareholder Votes

NUSCALE POWER Corp shareholders approved Election of Directors at the 2023-05-26 meeting.

“1. To elect the following directors: FOR WITHHOLD Alan L. Boeckmann 178,965,994 3,812,650 Bum-Jin Chung 182,624,102 154,542 Alvin C. Collins, III 178,343,102 4,435,542 Shinji Fujino 182,619,524 159,120 James T. Hackett 182,593,397 185,247 John Hopkins 180,345,725 2,432,919 Kent Kresa 182,585,580 193,064 Christopher J. Panichi 179,069,945 3,708,699 Christopher Sorrells 178,893,228 3,685,416 Kimberly O. Warnica 182,058,528 720,116”
Earnings Releases

NUSCALE POWER Corp reported the quarter ended March 31, 2023 results: revenue $5.5 million, net income $35.6 million.

“Revenue of $5.5 million and net loss of $35.6 million for the three-month period ended March 31, 2023, compared to revenue of $2.4 million and a net loss of $23.4 million, respectively, for the same period in 2022.”
Earnings Releases

NUSCALE POWER Corp reported the quarter ended December 31, 2022 results: revenue $3.4 million, net income net loss of $47.2 million.

“Revenue of $3.4 million and net loss of $47.2 million for the three-month period ended December 31, 2022”
Material Agreements

NUSCALE POWER Corp entered into Long Lead Material Reimbursement Agreement with CFPP LLC valued at reimbursement obligations for long-lead materials; NuScale may be obligated to refund a percentage o (effective 2023-02-28).

“As finalized on March 7, 2023, NuScale Power, LLC (together with NuScale Power Corporation, its parent, “NuScale”, “we” or “our”) entered into (i) Amendment 3 (the “Amendment”) to the Development Cost Reimbursement Agreement (the “DCRA”), dated December 31, 2020, with CFPP LLC, as successor by assignment to Utah Associated Municipal Power Systems (“UAMPS”), and (ii) the Long Lead Material Reimbursement Agreement with CFPP LLC (the “LLM Agreement”), both effective as of February 28, 2023.”
Material Agreements

NUSCALE POWER Corp amended Amendment 3 to the Development Cost Reimbursement Agreement with CFPP LLC valued at amendment increases target cost from $58.00/MWh to $89.00/MWh, aggregate cap for failure of economic (effective 2023-02-28).

“As finalized on March 7, 2023, NuScale Power, LLC (together with NuScale Power Corporation, its parent, “NuScale”, “we” or “our”) entered into (i) Amendment 3 (the “Amendment”) to the Development Cost Reimbursement Agreement (the “DCRA”), dated December 31, 2020, with CFPP LLC, as successor by assignment to Utah Associated Municipal Power Systems (“UAMPS”), and (ii) the Long Lead Material Reimbursement Agreement with CFPP LLC (the “LLM Agreement”), both effective as of February 28, 2023.”

Karin Feldman was appointed as Interim Chief Operating Officer/Chief Nuclear Officer at NUSCALE POWER Corp.

“effective January 6, 2023, Karin Feldman will assume the role of Interim Chief Operating Officer/Chief Nuclear Officer”

Dale Atkinson departed as Chief Operating Officer/Chief Nuclear Officer at NUSCALE POWER Corp.

“effective January 5, 2023, Dale Atkinson will retire as Chief Operating Officer/Chief Nuclear Officer.”
Governance Changes

NUSCALE POWER Corp: Adopted Amended and Restated Bylaws to address SEC universal proxy card rule and DGCL changes (effective 2022-12-01).

“Effective December 1, 2022, NuScale’s Board of Directors adopted Amended and Restated Bylaws of NuScale Power Corp.”

Mr. Shinji Fujino was appointed as Director at NUSCALE POWER Corp.

“Effective December 1, 2022, the Board of Directors adopted a resolution expanding the size of the Board to ten directors, and appointed Dr. Bum-Jin Chung and Mr. Shinji Fujino to the Board of Directors.”

Dr. Bum-Jin Chung was appointed as Director at NUSCALE POWER Corp.

“Effective December 1, 2022, the Board of Directors adopted a resolution expanding the size of the Board to ten directors, and appointed Dr. Bum-Jin Chung and Mr. Shinji Fujino to the Board of Directors.”
Earnings Releases

NUSCALE POWER Corp reported the nine-month period ended September 30, 2022 results: revenue $8.4 million, net income $(94.4) million.

“Revenue of $8.4 million and a net loss of $(94.4) million for the nine-month period ended September 30, 2022,”
Earnings Releases

NUSCALE POWER Corp reported the three-month period ended September 30, 2022 results: revenue $3.2 million, net income $(49.6) million.

“Revenue of $3.2 million and net loss of $(49.6) million for the three-month period ended September 30, 2022,”

Robert Temple was appointed as General Counsel and Corporate Secretary at NUSCALE POWER Corp.

“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.”

Dale Atkinson was appointed as Chief Operating Officer and Chief Nuclear Officer at NUSCALE POWER Corp.

“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.”

Jose N. Reyes was appointed as Chief Technical Officer at NUSCALE POWER Corp.

“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.”

Chris Colbert was appointed as Chief Financial Officer at NUSCALE POWER Corp.

“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.”

John L. Hopkins was appointed as Chief Executive Officer and President at NUSCALE POWER Corp.

“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.”

Christopher Sorrells was elected as Director at NUSCALE POWER Corp.

“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”

Kimberly O. Warnica was elected as Director at NUSCALE POWER Corp.

“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”

Christopher J. Panichi was elected as Director at NUSCALE POWER Corp.

“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”

Kent Kresa was elected as Director at NUSCALE POWER Corp.

“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”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.