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.
The NuScale Power Corporation (NYSE: SMR) SEC filings page on Stock Titan provides direct access to the company’s regulatory disclosures, along with AI-powered summaries designed to make complex documents easier to understand. As a developer of advanced small modular reactor (SMR) nuclear technology, NuScale uses its SEC filings to report on capital-raising activities, governance changes, strategic agreements, and key risks associated with its business.
Investors can review annual reports on Form 10-K and quarterly reports on Form 10-Q for discussions of NuScale’s SMR technology, including the NuScale Power Module™, its regulatory status with the U.S. Nuclear Regulatory Commission (NRC), relationships with partners such as ENTRA1 Energy and Fluor Corporation, and detailed risk factor sections. AI-generated highlights help readers quickly identify information on topics like liquidity, commercialization plans, and the company’s expectations about the emerging SMR market.
Current reports on Form 8-K document material events such as at-the-market equity offering agreements, amendments to the certificate of incorporation to increase authorized Class A shares, the Partnership Milestones Agreement with ENTRA1 Energy, changes in executive roles, and other significant corporate actions. AI tools summarize these filings so users can see at a glance how new agreements or governance changes may affect NuScale’s capital structure and strategic direction.
For users interested in ownership and compensation, NuScale’s proxy materials on Schedule 14A describe matters submitted to stockholders, including proposals to increase authorized shares and details of director compensation plans. Insider transaction reports on Form 4, when available, provide visibility into trading activity by directors and officers. With real-time updates from EDGAR and AI explanations, this page helps investors navigate NuScale’s filing history and better understand the regulatory and financial context behind SMR stock.
NuScale Power (SMR): Ownership update. Doosan Enerbility Co., Ltd. filed a Schedule 13G/A (Amendment No. 4) stating it now beneficially owns 3,902,061 shares of Class A common stock, representing 2.9% of the class. The filing notes the company has ceased to be a beneficial owner of more than five percent, and this amendment constitutes an exit filing for that threshold.
Doosan reports sole voting and dispositive power over 3,902,061 shares. The percentage is calculated based on 133,893,376 shares outstanding as of August 5, 2025, as reported by the issuer. The date of the event triggering the filing is September 30, 2025. The certification states the securities were not acquired or held to change or influence control.
NuScale Power (SMR): Schedule 13D/A Amendment No. 6 filed by Fluor Corporation and affiliates updates their ownership and recent transactions. The group reports beneficial ownership of 111,400,219 shares, representing 37.3% of the combined Class A and Class B shares. As context, shares outstanding were 167,659,304 Class A and 130,817,571 Class B as of October 31, 2025.
Key changes include conversions and exchanges of Class B units into Class A: 463,747 units converted on October 22, 2025, and 110,936,472 units exchanged on November 7, 2025. Fluor also entered a letter agreement to sell 71,000,000 Class A shares at a variable price calculated at program expiration, with completion in Q1 2026; the dealer may not terminate the program before January 15, 2026. In a voting agreement, Fluor committed to support amendments to increase authorized Class A shares and related adjournments. A concurrent TRA amendment reduces by 50% any tax payments due to Fluor under the existing tax receivable agreement.
NuScale Power (SMR): Form 144 filed for a proposed sale of Class A common stock. The notice covers up to 110,936,472 shares with an aggregate market value of $3,600,997,881. The filer lists Goldman, Sachs & Co. LLC as broker, with sales on the NYSE and an approximate sale date of November 10, 2025.
The shares were acquired on November 7, 2025 pursuant to an exchange of Class B common units of NuScale Power, LLC. Shares outstanding were 167,659,304. Recent activity shows sales by Fluor Corp on multiple days in September–October 2025, such as 2,372,563 shares on September 19 and 1,213,069 shares on September 22.
NuScale Power Corp (SMR) filed a Form 4 reporting a code “C” conversion on 11/07/2025, resulting in the acquisition of 110,936,472 shares of Class A common stock. The shares are reported as indirectly owned.
Per the footnotes, 110,936,472 Class A shares are owned of record by Fluor Enterprises, Inc., a wholly owned subsidiary of Fluor Corporation. In addition, 463,747 Class B Units and 463,747 shares of Class B common stock are owned of record by NuScale Holdings Corp., which is majority owned by Fluor Enterprises, Inc. Each Class B unit together with one share of Class B common stock is exchangeable into one share of Class A common stock with no expiration date.
NuScale Power Corporation entered a new Sales Agreement for an at-the-market equity program under which it may, at its discretion, sell Class A common stock with an aggregate offering price of up to $750,000,000 through UBS Securities, TD Securities (USA) LLC, B. Riley Securities, Canaccord Genuity, and Tuohy Brothers as sales agents.
The company will set sale parameters, and agents may execute transactions deemed an “at the market offering” on the NYSE or other trading markets. Sales agents are entitled to a commission of up to 3% of gross proceeds. The agreement ends upon the earlier of selling all registered shares or termination under its terms.
The shares will be issued pursuant to NuScale’s automatic shelf registration on Form S-3ASR, effective August 11, 2025, and a prospectus supplement dated November 7, 2025. In connection with the new arrangement, NuScale terminated its prior at-the-market program established on August 11, 2025.
NuScale Power Corporation launched an at-the-market offering to sell up to $750,000,000 of Class A Common Stock, from time to time, through UBS, TD Cowen, B. Riley, Canaccord, and Tuohy Brothers acting as sales agents or principals. Sales may be effected in negotiated transactions, including block trades, or in transactions deemed to be “at the market offerings.” Sales agent compensation is up to 3.0% of gross proceeds.
NuScale intends to use any net proceeds for general corporate purposes, including business development, working capital, operating expenses, and capital expenditures, and notes that a significant portion may be used to pay contribution amounts under its Partnership Milestones Agreement with ENTRA1. As context, the company cites an illustrative case assuming 23,105,360 shares at $32.46 (the Nov 6, 2025 NYSE closing price). The stock trades on the NYSE under the symbol SMR.
NuScale Power Corporation (SMR) reported Q3 2025 results. Revenue rose to $8.242 million from $0.475 million a year ago, but the company posted a net loss of $532.646 million driven by G&A of $519.222 million. The quarter included a one‑time $495.0 million expense tied to Milestone Contribution 1 under the Partnership Milestones Agreement with ENTRA1, triggered by a non‑binding agreement relating to 72 NPMs.
Liquidity strengthened via equity issuance: NuScale sold 13,216,809 Class A shares under its ATM for $462.613 million net. Cash and cash equivalents were $407.585 million and short‑term investments were $284.200 million as of September 30, 2025. The company agreed to a $32.323 million LLM settlement payment, securing ownership of long‑lead materials. Contracted cash obligations totaled $551.867 million, including $346.513 million of PMA contributions scheduled for 2025–2026.
As of October 31, 2025, shares outstanding were 167,659,304 Class A and 130,817,571 Class B. A subsequent agreement with Fluor provides for exchanging 110,936,472 Class B interests into Class A and a Tax Receivable Agreement amendment reducing any payments to Fluor by 50%.
NuScale Power Corporation reported two updates. The company announced financial results for the third quarter, which ended September 30, 2025, with details provided in a press release furnished as Exhibit 99.1.
NuScale and Fluor Corporation also issued a joint press release describing their entry into a definitive agreement regarding the monetization of Fluor’s investment in NuScale. That release is furnished as Exhibit 99.2. The information under Items 2.02 and 7.01, including Exhibits 99.1 and 99.2, is being furnished and is not deemed filed or incorporated by reference.
NuScale Power (SMR) disclosed an insider equity award on Form 4. Chief Legal Officer James D. Canafax was granted 11,309 restricted stock units on October 20, 2025. The RSUs vest annually in three equal installments beginning on the first anniversary of the grant date. Each RSU represents a right to receive one share of Class A common stock. The filing lists the transaction code as A (grant) with a derivative security price of $0, and shows 11,309 derivative securities beneficially owned directly after the transaction.
NuScale Power Corp (SMR) filed a Form 3 for Chief Legal Officer James D. Canafax. The filing reports that he beneficially owns no securities of the company. The date of the event requiring the statement was 10/20/2025. The form was signed by Patrick C. Cannon as attorney-in-fact for Mr. Canafax.