NUSCALE POWER Corp SEC Filings

Van Eck Associates Corporation reports beneficial ownership of 20,045,420 common shares of NuScale Power Corp. The filing states 03/31/2026 as the relevant date and shows 6.3% of the class, with sole voting and dispositive power over the same 20,045,420 shares. The filing is signed on 05/15/2026.

NuScale Power Corp ownership disclosure: The Goldman Sachs Group, Inc. and Goldman Sachs & Co. LLC report shared voting and dispositive power over 8,160,035.82 and 8,160,065.82 shares respectively, representing 2.6% of Class A common stock as shown on the cover page. The filing is an amendment (Schedule 13G/A) identifying joint filing arrangements and parent/subsidiary relationships; signatures are dated 04/24/2026.

NuScale Power Corporation reported a weaker first quarter of 2026 as it continues commercializing its small modular reactor technology. Revenue fell to $0.6 million from $13.4 million a year earlier, mainly because prior RoPower licensing and Fluor FEED work concluded. Net loss widened to $46.7 million from $30.4 million as research and development, general and administrative, and other operating costs increased.

Operating cash outflow was $314.7 million, largely driven by a $259.9 million Milestone Contribution payment to strategic partner ENTRA1 and higher prepayments for long-lead materials. Cash and cash equivalents were $341.1 million and short-term investments $549.0 million, with no debt outstanding. NuScale raised $37.3 million through its 2026 at-the-market equity program and has up to $962.1 million of additional Class A stock capacity available. The company also disclosed new shareholder class action and derivative lawsuits, noting potential losses from these matters cannot yet be estimated.

NuScale Power reported a much wider loss for the first quarter of 2026 as revenue fell sharply after a major 2025 contract milestone. Revenue was $565 thousand versus $13.4 million a year earlier, mainly because RoPower license and engineering work completed in 2025 did not repeat. Operating loss widened to $57.5 million from $35.3 million, driven by higher research and development, increased general and administrative costs, and a $10.0 million rise in other expenses as staff shifted from commercial projects to readiness work.

Net loss attributable to Class A shareholders was $44.0 million, or $0.14 per share, compared with $14.0 million, or $0.11 per share, in the prior-year quarter. The company ended the quarter with $1.0 billion of liquidity and capital resources, including $341.1 million in cash and cash equivalents and $549.0 million in short-term investments, but used $314.7 million of cash in operating activities, largely due to a $264.2 million reduction in accounts payable and accrued expenses.

NuScale Power Corp director-affiliated entity sells large stake

An entity associated with Fluor Corporation completed an open-market sale of 13,500,000 shares of NuScale Power Class A common stock at an average price of $11.8092 per share. The shares were beneficially owned by Fluor Enterprises, Inc., a wholly owned subsidiary of Fluor Corporation, and this transaction reduced the reported holdings for this account to zero shares. The sale was made pursuant to a previously disclosed agreement, indicating the disposition was pre-arranged rather than opportunistic.

Fluor Corporation and its subsidiary Fluor Enterprises, Inc. have updated their Schedule 13D for NuScale Power Corporation. Through wholly owned subsidiary Nuke Holdings, LLC, they sold 12,936,472 shares of Class A common stock to Citibank, N.A. at $11.6293 per share under a previously disclosed Citi letter agreement dated February 17, 2026.

After this sale, Nuke remains the record owner of 13,500,000 NuScale Class A shares, representing 3.9% of the combined outstanding Class A and Class B shares as of March 30, 2026. Because their beneficial ownership has fallen below five percent, the reporting persons state they are no longer required to file future Schedule 13D reports, making this Amendment No. 9 their final amendment.

NuScale Power Corporation is asking stockholders to vote at its 2026 virtual annual meeting on May 29, 2026. Investors will elect nine directors, cast a non-binding advisory vote on executive compensation and ratify Ernst & Young LLP as auditor for the year ending December 31, 2026.

The proxy describes a majority-independent board, fully independent key committees and extensive nuclear and energy-sector expertise among directors and nominees. It also highlights a Tax Receivable Agreement tied to exchanges of NuScale Power, LLC Class B units, with an implied obligation of $582,178,000 and an estimated $365,000,000 payment in an early termination or change-of-control scenario.

Fluor Corporation, a major shareholder and director of NuScale Power Corp, reported an open-market sale of 13,500,000 shares of Class A Common Stock at $12.0665 per share. The filing states the sale was made pursuant to a previously disclosed agreement.

After this transaction, an affiliated subsidiary, Fluor Enterprises, Inc., beneficially owns 26,436,472 shares of NuScale Power Class A Common Stock indirectly. This represents a substantial but partial reduction of Fluor’s indirect position while retaining a large remaining stake in the company.

Fluor Corporation and related entities updated their beneficial ownership report for NuScale Power after significant share sales. NuScale Holdings previously exchanged 463,747 Class B units and corresponding Class B shares for 463,747 Class A shares, then sold all of those Class A shares. On April 9, 2026, Nuke Holdings, LLC, a wholly owned subsidiary of Fluor Enterprises, sold 13,500,000 NuScale Class A shares to Bank of America at $12.0665 per share under a prior letter agreement. As of this amendment, Nuke is the record owner of 26,436,472 Class A shares, representing 7.8% of NuScale’s total outstanding Class A and Class B shares based on the issuer’s February 20, 2026 share count.