NuScale Power 8-K Report: Insights on Stock & Warrants (Dec 20, 2024)

$SMR
Form 8-K
Filed on: 2024-12-23
Source
NuScale Power 8-K Report: Insights on Stock & Warrants (Dec 20, 2024)

Based on the provided section of the financial report, here are the key extracted insights:

Company Information:

  • Company Name: NuScale Power Corporation
  • CIK Number: 0001822966
  • SEC File Number: 001-39736
  • EIN: 98-1588588
  • Address: 1100 NE Circle Blvd., Suite 200, Corvallis, OR 97330
  • Contact Number: (971) 371-1592

Filing Details:

  • Filing Type: 8-K
  • Filing Date: December 20, 2024

Stock Information:

  • Class A Common Stock:
  • Par Value: $0.0001 per share
  • Ticker Symbol: SMR
  • Exchange: NYSE
  • Warrants:
  • Description: Each whole warrant is exercisable for one share of Class A common stock.
  • Exercise Price: $11.50 per share
  • Ticker Symbol: SMR WS
  • Exchange: NYSE

Segments and Stock Classes:

  • The report mentions two segments under the Statement Class of Stock Axis:
  • Common Class A Member
  • Warrant Member

Reporting Context:

  • The reporting context spans a single day: December 20, 2024.
  • The report provides insights into the company's common stock and warrants, indicating their potential for future capital fundraising or investor interest based on the exercise price of the warrants.

Overall Insights:

  • The filing suggests that NuScale Power Corporation is actively engaging in financial reporting, likely in connection with capital market activities due to the mention of both common stock and warrants.
  • The presence of warrants could indicate a strategy to incentivize investors, as they provide an opportunity to purchase shares at a predetermined price, potentially benefiting from future stock price appreciation.