NuScale Power Corp.
08/02/2024 | Press release | Distributed by Public on 08/02/2024 07:26
Material Event Form 8 K
Item 8.01. Other Events.
As a follow up to our press release issued on July 29, the Company notes that in December 2023, NuScale received a voluntary request from the SEC's Denver Regional Office for information relating to its employment, severance, and confidentiality agreements, which the Company understood to be a part of a broader inquiry involving multiple companies related to the SEC's whistleblower provisions. The Company responded in January 2024 and had no further communications with the SEC. On July 30, the Company contacted the SEC following publication of an article by Hunterbrook Media. On July 31, the SEC made follow up requests for additional information relating to the December 2023 request. The Company is in the process of responding to those requests and we intend to fully cooperate with the SEC. NuScale cannot predict the timing or outcome of the SEC's investigation at this time.