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0 0.000459136822773258 0.00229568411386596 0.00367309458218541 0.00550964187327828 0.00547291092745635 0.00596877869605138 0.00550964187327828
Stock impact report

NuScale Power Corporation Announces Completion of Redemption of Warrants

NuScale Power Corporation (SMR) 
Company Research Source: Business Wire
CORVALLIS, Ore.--(BUSINESS WIRE)--NuScale Power Corporation (NYSE: SMR), the industry-leading provider of proprietary and innovative advanced nuclear small modular reactor (SMR) technology, today announced the results of its previously announced redemption of all of its outstanding warrants (the Warrants) to purchase shares of the Company’s common stock, par value $0.00001 per share (the Common Stock).As of December 19, 2024 (the Redemption Date), approximately 97% of the Company’s outstanding Warrants were exercised by the holders thereof to purchase fully paid and non-assessable shares of Class A Common Stock at an exercise price of $11.50 per share, which includes Warrants that were exercised prior to the announcement of the redemption. As a result, holders of the Warrants received an aggregate of 19,800,548 shares of the Company’s Common Stock in exchange for $227.7 million in cash proceeds to the Company. All unexercised and outstanding Warrants as of 5:00 p.m. EST on the Red Show less Read more
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