DEFR14A: NuScale Power Updates Beneficial Ownership in Proxy Statement Amendment

NuScale Power Corporation amends its proxy statement to update information regarding the beneficial ownership of its Class A and Class B Common Stock as of March 27, 2024.

Summary

• NuScale Power Corporation has filed an amendment to its definitive proxy statement, dated April 12, 2024.
• The amendment, dated April 26, 2024, revises the Beneficial Ownership of Securities section.
• The updated information reflects beneficial ownership of Class A and Class B Common Stock as of March 27, 2024.
• The amendment includes details on individuals and entities owning more than 5% of the outstanding shares, as well as NuScale's executive officers and directors.
• The total voting shares are comprised of 86,760,243 shares of Class A Common Stock and 154,473,395 shares of Class B Common Stock issued and outstanding as of March 27, 2024.

Sentiment

Score: 5

Explanation: The document is a routine update to a proxy statement, so the sentiment is neutral.

Industry Context

Proxy statements and amendments are standard practice for publicly traded companies to inform shareholders about important matters and ensure transparency regarding ownership and voting rights.

Stakeholder Impact

• Shareholders are provided with updated information on the ownership structure of the company, which can influence their voting decisions.

Next Steps

• Stockholders will review the updated beneficial ownership information before the Special Meeting on May 24, 2024.

Key Dates

Keywords

beneficial ownership, proxy statement, NuScale Power, Class A Common Stock, Class B Common Stock, stockholders, voting power, Fluor Enterprises, Japan NuScale Innovation, DS Private Equity, Samsung C&T, Vanguard Group