NuScale 8-K
Equity raise
New ATM program replaces the prior agreement, allowing up to $1.0B in Class A share sales and potential dilution.
Filed 2026-02-26 17:29 ET
- 1.01 Entry into a Material Agreement
- 1.02 Termination of a Material Agreement
- 9.01 Financial Statements and Exhibits
Summary
NuScale established a new at-the-market stock offering program and terminated its prior program. The new agreement permits discretionary Class A share sales through four agents, creating potential equity issuance and dilution.
Key Figures
- ATM program: up to $1.0B in aggregate offering price; sales may be made through UBS Securities, B. Riley Securities, Canaccord Genuity or Tuohy Brothers.
- Sales-agent commission: up to 2% of gross proceeds. NuScale sets sale parameters, including the number of shares, timing, daily limits and minimum price.
- The prior ATM agreement, dated 11/07/2025, was terminated in connection with the new program.
Investor Takeaways
- Actual sales under the program and the resulting share issuance are the key measures to watch.
The summary is written by an AI model reading the filing.
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