NUSCALE POWER Corp current report, 28 May 2024

NuScale Power Corporation Form 8-K Summary

Business Context and Reporting Period

NuScale Power Corporation filed a Form 8-K on May 28, 2024, reporting the results of its annual meeting of stockholders held on May 24, 2024. The company’s Class A common stock and warrants trade on the New York Stock Exchange under SMR and SMR WS, respectively.

Meeting Results

  • All nine nominated directors were elected. Votes in favor ranged from 164.9 million to 171.0 million, while withhold votes ranged from approximately 224,500 to 6.3 million.
  • Stockholders ratified Ernst & Young LLP as the company’s independent registered public accounting firm for the fiscal year ending December 31, 2024.
  • The auditor appointment received 185,110,410 votes for, 171,343 against, and 739,255 abstentions.

Financial Metrics and Material Changes

This filing does not provide revenue, profit, cash flow, margin, debt, liquidity, or other operating and financial metrics. It also does not report material changes versus a prior comparable period.

Guidance, Outlook, Risks, and Unusual Items

The filing contains no new guidance, outlook, management commentary, risks, contingencies, or unusual items beyond the annual meeting voting results.

Investor Verification Items

  • Verify the final composition of the board following the election of all nine nominees.
  • Confirm Ernst & Young LLP’s appointment as independent auditor for fiscal 2024.
  • Review the company’s other filings for current financial performance, liquidity, funding needs, project status, and business outlook, which are not addressed in this Form 8-K.