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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
__________________________________
FORM 8-K
__________________________________
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): December 26, 2024
NuScale Power Corporation
(Exact name of registrant as specified in its charter)

Delaware
001-39736
98-1588588
(State or other jurisdiction
of incorporation)
(Commission File Number)
(I.R.S. Employer
Identification No.)
1100 NE Circle Blvd., Suite 200
Corvallis, OR
97330
(Address of principal executive offices)(Zip Code)
(971) 371-1592
(Registrant’s telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange
on which registered
Class A common stock, $0.0001 par value per shareSMRNew York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934
(§240.12b-2 of this chapter).
Emerging growth company ☒
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to
Section 13(a) of the Exchange Act.                                     ☐
 



Item 5.02.    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
(d) On December 20, 2024, the NuScale Power Corporation (the “Company”) Board of Directors appointed Diana Walters to the Board of Directors.

Ms. Walters will be compensated pursuant to the terms for Company director compensation as previously disclosed in the Company’s proxy statement for its 2024 annual meeting, which will be prorated for 2024.

There are no arrangements or understandings between Ms. Walters and any other persons pursuant to which Ms. Walters was appointed as a director of the Company.

At the time of appointment, Ms. Walters was also appointed to serve on the Audit Committee of the Board.

Ms. Walters does not have any direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K promulgated under the Securities Exchange Act of 1934, as amended, nor are any such transactions currently proposed.

A copy of the press release issued by the Company on December 26, 2024, announcing Ms. Walters’ appointment to the Board is furnished as Exhibit 99.1.
.
Item 9.01.    Financial Statements and Exhibits.
(d)     Exhibits.
Exhibit No.
104
Cover Page Interactive Data File (formatted as Inline XBRL).
*    Filed herewith.





SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
NuScale Power Corporation
Date: December 26, 2024By:/s/ Andrea Lachenmayr
Name:Andrea Lachenmayr
Title:Interim General Counsel


NuScale Power Announces Appointment of Diana J. Walters to Board of Directors CORVALLIS, Ore. – NuScale Power Corporation (NuScale or the Company) (NYSE: SMR), the industry-leading provider of proprietary and innovative advanced small modular reactor (SMR) nuclear technology, today announced the appointment of Diana J. Walters to its Board of Directors, effective December 20, 2024. With the appointment of Walters, the Board comprises 10 directors, six of whom are independent. Walters brings more than 35 years of leadership experience in the natural resources sector. She has held prominent roles, including serving as President of Liberty Metals and Mining LLC, CFO of Tatham Offshore, Inc., as well as numerous roles in the investment banking, capital markets, and advisory sectors. Walters currently serves on the boards of Atmos Energy, Trilogy Metals Inc., and Platinum Group Metals Limited, where she is Chair. She also serves as a Senior Advisor at Independence Point Advisors. “We are thrilled to welcome Diana Walters to NuScale’s Board of Directors,” said John Hopkins, President and Chief Executive Officer of NuScale Power. “Diana’s financial acumen and natural resources experience will support continued strong stewardship of NuScale as we work towards advancing the commercial deployment of NuScale’s NRC-approved SMR technology.” Walters received her Bachelor of Arts degree in Plan II Honors and a Master of Arts degree in Energy and Mineral Resources from The University of Texas at Austin. About NuScale Power Founded in 2007, NuScale Power Corporation (NYSE: SMR) is the industry-leading provider of proprietary and innovative advanced small modular reactor (SMR) nuclear technology, with a mission to help power the global energy transition by delivering safe, scalable, and reliable carbon-free energy. The Company’s groundbreaking SMR technology is powered by the NuScale Power Module™, a small, safe, pressurized water reactor that can each generate 77 megawatts of electricity (MWe) or 250 megawatts thermal (gross), and can be scaled to meet customer needs through an array of flexible configurations up to 924 MWe (12 modules) of output. As the first and only SMR to have its design certified by the U.S. Nuclear Regulatory Commission, NuScale is well-positioned to serve diverse customers across the world by Diana J. Walters

 
supplying nuclear energy for electrical generation, data centers, district heating, desalination, commercial-scale hydrogen production, and other process heat applications. Media contact Chuck Goodnight Vice President, Business Development media@nuscalepower.com Investor contact Scott Kozak Director, Investor Relations ir@nuscalepower.com

 
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Cover
Dec. 26, 2024
Cover [Abstract]  
Document Type 8-K
Document Period End Date Dec. 26, 2024
Entity Registrant Name NuScale Power Corporation
Entity Incorporation, State or Country Code DE
Entity Tax Identification Number 98-1588588
Entity Address, Address Line One 1100 NE Circle Blvd.
Entity Address, Address Line Two Suite 200
Entity Address, City or Town Corvallis
Entity Address, State or Province OR
Entity Address, Postal Zip Code 97330
City Area Code (971)
Local Phone Number 371-1592
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Document Information [Line Items]  
Entity File Number 001-39736
Common Class A  
Cover [Abstract]  
Title of 12(b) Security Class A common stock, $0.0001 par value per share
Trading Symbol SMR
Security Exchange Name NYSE
Document Information [Line Items]  
Title of 12(b) Security Class A common stock, $0.0001 par value per share
Trading Symbol SMR
Security Exchange Name NYSE
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