SCHEDULE: Vanguard Group Boosts Stake in NuScale Power to 8.92%

The Vanguard Group has disclosed an increased passive beneficial ownership of 8.92% in NuScale Power Corp, holding over 11.9 million shares.

Summary

• The Vanguard Group reported beneficial ownership of 11,906,763 shares of NuScale Power Corp's Common Stock.
• This represents 8.92% of the class of securities.
• Vanguard holds sole dispositive power over 11,627,927 shares and shared dispositive power over 278,836 shares.
• Vanguard has shared voting power over 157,620 shares and no sole voting power.
• The shares were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 7

Explanation: The sentiment is moderately positive as a large, passive institutional investment by Vanguard can be seen as a sign of confidence and stability, although it does not imply active management or strategic intent.

Positives

• A significant stake by a major institutional investor like The Vanguard Group can be viewed as a vote of confidence in NuScale Power Corp.
• Increased institutional ownership may enhance market liquidity and investor interest in the stock.

Future Outlook

This filing does not contain forward-looking statements or guidance from NuScale Power Corp. It solely reports beneficial ownership by The Vanguard Group.

Management Comments

• The Vanguard Group certified that the securities were acquired and are held in the ordinary course of business and not for the purpose or with the effect of changing or influencing the control of NuScale Power Corp.

Industry Context

The filing reflects a major asset manager's investment in NuScale Power, a company operating in the nuclear energy sector, specifically small modular reactors (SMRs). Such institutional investments are common across various industries as part of diversified portfolio management.

Stakeholder Impact

• Shareholders may view the increased stake by a prominent institutional investor like Vanguard as a positive signal, potentially leading to increased investor confidence and stability in the stock.

Key Dates

Keywords

NuScale Power, Vanguard Group, Beneficial Ownership, Institutional Investment, Common Stock, SEC Filing, Passive Investment, Nuclear Power