SCHEDULE 13G/A: Samsung C&T Corporation Discloses 3.8% Stake in NuScale Power Corp
Beneficial Ownership Disclosure
Samsung C&T Corporation has filed an amended Schedule 13G, revealing a beneficial ownership of 3.8% in NuScale Power Corp's Class A Common Stock as of March 31, 2025.
Summary
- Samsung C&T Corporation, a company organized under the laws of the Republic of Korea, has filed an Amendment No. 2 to Schedule 13G.
- The filing reports beneficial ownership in NuScale Power Corp's Class A Common Stock, $0.0001 par value per share.
- As of March 31, 2025, Samsung C&T Corporation beneficially owns an aggregate of 5,185,804 shares.
- This ownership represents 3.8% of NuScale Power Corp's Class A Common Stock.
- The total beneficial ownership comprises 2,578,702 shares of Class B common stock and 2,607,102 shares of Class A Common Stock held directly.
- The percentage ownership is calculated based on 133,014,327 shares of Class A Common Stock outstanding as of March 24, 2025, plus 2,578,702 shares of Class A Common Stock issuable upon exchange of Class B Common Stock and Class B Units held by the Reporting Person.
- Samsung C&T Corporation holds sole voting and sole dispositive power over all 5,185,804 shares.
Sentiment
Score: 5
Explanation: The document is a routine beneficial ownership disclosure (Schedule 13G Amendment), which typically carries a neutral sentiment. It confirms an existing investor's stake without indicating significant positive or negative operational or financial news.
Positives
- Samsung C&T Corporation, a significant international entity, maintains a notable stake in NuScale Power, potentially indicating continued confidence in the company's long-term prospects.
- The disclosure provides transparency regarding a key investor's position in NuScale Power.
Future Outlook
NA
Industry Context
NuScale Power Corp is a leader in the development of small modular reactor (SMR) technology, a segment of the nuclear power industry focused on smaller, more flexible, and potentially more cost-effective nuclear power plants. Samsung C&T Corporation, a global engineering and construction company, has a strategic interest in energy infrastructure and technology, making its investment in NuScale consistent with broader industry trends towards advanced energy solutions and decarbonization.
Stakeholder Impact
- Shareholders: Provides transparency regarding the ownership structure and the continued investment by a significant corporate entity, Samsung C&T Corporation.
Key Dates
| Date | Description |
|---|---|
| 03/24/2025 | Date as of which 133,014,327 shares of NuScale Power Corp's Class A Common Stock were outstanding, as reported in the Issuer's definitive proxy statement. |
| 03/31/2025 | Date of event which requires the filing of this statement (beneficial ownership calculation date). |
| 04/09/2025 | Date NuScale Power Corp's definitive proxy statement was filed, reporting outstanding shares. |
| 05/14/2025 | Date the Schedule 13G Amendment No. 2 was signed and filed by Samsung C&T Corporation. |
Keywords
NuScale Power Corp, Samsung C&T Corporation, Class A Common Stock, Beneficial Ownership, SEC Filing, Schedule 13G, Nuclear Power, Small Modular Reactors, SMR, Energy, Investment
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