Welcome to our dedicated page for NuScale Power Corporation SEC filings (Ticker: SMR), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
NuScale Power Corporation filings document operating results, Regulation FD updates, material agreements, capital-structure actions, and stockholder governance for an advanced small modular reactor technology company. Form 8-K reports cover financial-results releases, business update calls, equity financing arrangements, and amendments to corporate charter provisions affecting authorized Class A common stock.
Proxy statements describe annual and special meeting procedures, voting matters, board and governance disclosures, and security-holder approvals. The filing record also reflects NuScale’s public-company capital structure, including Class A and Class B common stock references, at-the-market equity program disclosures, and formal exhibits tied to corporate actions and material events.
Robert Ramsey Hamady, Chief Financial Officer of NuScale Power Corporation (SMR), received and settled restricted stock units. On 08/26/2025 he had 76,923 restricted stock units vest and be settled into Class A common stock, increasing his beneficial ownership to 76,924 shares. On 08/27/2025 he sold 30,641 shares at $35.585 per share to satisfy tax withholding obligations from the RSU settlement. The transactions were disclosed on a Form 4 filed 08/28/2025.
Form 144 notice for NuScale Power Corporation (SMR) shows a proposed sale of 30,641 Class A shares through Fidelity Brokerage with an aggregate market value of $1,090,356.92, scheduled approximately 08/27/2025 on the NYSE. The shares were acquired on 08/26/2025 by restricted stock vesting from the issuer and were paid as compensation. The filer also reported a prior sale by Robert R. Hamady of 69,984 Class A shares on 05/30/2025 for $2,246,486.40. The notice includes the typical attestation that the seller is not aware of undisclosed material adverse information about the issuer.
Jose N. Reyes Jr., Chief Technology Officer and trustee, reported transfers and holdings of Class A Common Stock of NuScale Power Corp (SMR). On 08/14/2025 he transferred 295,809 shares to the Donna Jean Reyes Trust dated August 2, 2021 for no consideration while retaining beneficial ownership as trustee and beneficiary. The Form 4 also shows a separate transfer of 16,313 shares from Reyes to the Jose N. Reyes, Jr. Trust and an updated beneficial ownership figure of 295,809 shares held indirectly by the Donna Jean Reyes Trust and 220,630 shares beneficially owned via the Jose N. Reyes, Jr. Trust.
The filing documents that these movements were transfers between related trusts, not open-market sales, and that Reyes remains the beneficial owner of the shares held in trust.
Global X Management Company LLC reported beneficial ownership of 5,835,151 shares of NuScale Power Corp Class A common stock, representing 4.37% of the class. GXMC states it has sole voting and sole dispositive power over these shares and reports no shared voting or dispositive power. The filing classifies GXMC as an investment adviser and indicates the shares are held in the ordinary course of business on behalf of investment vehicles it manages. No group affiliation or parent/control-person status is reported.
Fluor Corporation reported on Form 4 that its affiliate holdings in NuScale Power Corp (SMR) changed on 08/12/2025. The filing shows a transaction coded C acquiring 15,000,000 Class A shares (via exchange of Class B units and Class B common stock) and records the same 15,000,000 Class A shares as newly acquired. After the reported transaction, Fluor-affiliated entities beneficially own a total of 111,400,219 shares of Class A common stock (directly or indirectly through Class B units and Class B common stock exchangeable into Class A). Ownership is held of record by Fluor Enterprises, Inc. and NuScale Holdings Corp., both tied to Fluor Corporation.
NuScale Power Corporation announced an at-the-market offering program under a Sales Agreement that permits the company to offer and sell shares of its Class A common stock with an aggregate offering price of up to $500,000,000. The program allows sales "from time to time at its sole discretion" through five named sales agents: UBS Securities LLC, TD Securities (USA) LLC, B. Riley Securities, Inc., Canaccord Genuity LLC and Tuohy Brothers Investment Research, Inc.
The filing also discloses that counsel O’Melveny & Myers LLP issued an opinion regarding the validity of the Shares and that that opinion and the firm's consent are included as exhibits to the report. Exhibits listed include the counsel opinion and consent and an interactive cover page data file.
NuScale Power Corporation entered an at-the-market sales agreement allowing it to offer and sell shares of its Class A common stock up to an aggregate offering price of $500,000,000. The program authorizes sales through five named sales agents and permits the company to control sale parameters such as the number of shares, timing, daily limits and minimum prices; sales may be executed on the New York Stock Exchange or other trading markets.
The company will pay sales agents a commission of up to 3% of gross proceeds, has provided customary indemnification and will issue Shares under an existing Form S-3ASR registration statement (File No. 333-289467). The prior at-the-market program under the 2024 sales agreement was terminated, and counsel issued an opinion regarding the validity of the Shares to be sold.
NuScale Power Corporation has entered a Sales Agreement with UBS Securities LLC, TD Securities (USA) LLC, B. Riley Securities, Canaccord Genuity LLC and Tuohy Brothers to offer up to $500,000,000 of Class A common stock on an "at the market" or negotiated basis. The company terminated its prior at-the-market program and may sell shares from time to time at prevailing market prices or in block transactions; sales agents are not required to sell any specific amount and may receive up to 3.0% of gross proceeds.
An illustrative scenario assumes sale of 12,706,480 shares at $39.35 per share for gross proceeds of $500,000,000, increasing NuScale's as-adjusted net tangible book value from $1.66 to $3.23 per share and producing an immediate dilution of $36.12 per share to new investors. Net proceeds are intended for general corporate purposes and the offering involves customary underwriting indemnities and fees; risks and dilution factors are described in the "Risk Factors" section.
NuScale Power Corporation has filed an automatic shelf registration that permits it to offer Class A common stock, preferred stock, depositary shares, debt securities, warrants and units from time to time. The prospectus describes broad offering flexibility and states proceeds will be used for general corporate purposes, including working capital, operating expenses and capital expenditures, with unused proceeds invested in short-term, investment-grade instruments.
The company reports authorized capitalization of 512,000,000 shares (332,000,000 Class A; 179,000,000 Class B; 1,000,000 preferred) and discloses 133,753,450 Class A shares and 150,983,449 Class B shares outstanding. NuScale highlights its core product, the NuScale Power Module™, as a 77 million watt unit. The prospectus also details governance features: the Board may create preferred stock without stockholder approval, anti-takeover provisions and an exclusive forum clause, and certain historical parties hold registration rights.
NuScale Power Corporation (NYSE: SMR) Q2-25 10-Q highlights:
- Revenue surged to $8.1 m (up 733% YoY) as Phase-2 engineering work for Romania’s RoPower advanced; 92% of revenue came from related-party Fluor.
- 6-month revenue reached $21.4 m vs. $2.3 m YoY.
- Q2 operating loss widened modestly to ($43.1 m), but net loss nearly halved to ($37.6 m) due to the prior-year warrant liability re-measurement. GAAP EPS improved to -$0.13 from -$0.31.
- Cash burn improved: operating cash outflow -$56.1 m (-$69.5 m YoY).
- Liquidity remains strong with $297.7 m cash, $123.1 m short-term investments and $69.2 m long-term investments; no debt.
- Raised $99.8 m gross via new ATM equity program; outstanding A-shares rose to 133.9 m.
- NRC issued Standard Design Approval for 77 MWe module in May 2025, clearing the regulatory path for U.S. deployment.
- Material weakness in IT & financial controls persists; remediation plan underway.
- Company continues transition from R&D to commercialization; workforce reduced 28% in Jan 2024; long-lead material commitments total $99.5 m.
Bottom line: NuScale shows accelerating revenue and ample liquidity following SDA approval, but profitability, customer concentration and control weaknesses remain key investor watch-points.