NuScale Power to go public via merger with Spring Valley Acquisition Corp.

NuScale Power, a provider of small modular nuclear reactor technology, announced a business combination agreement with Spring Valley Acquisition Corp. The combined company will have an enterprise value of approximately $1.9 billion and will be listed under the ticker 'SMR'.

“NuScale Power, LLC and Spring Valley Acquisition Corp. today announced they have entered into a definitive business combination agreement to create a first-of-its-kind energy company.”nuscalepower.com

• 1 source
• nuscalepower.comNuScale Power, the Industry-Leading Provider of Transformational Small Modular Nuclear Reactor Technology, Announces Plans to Go Public via Merger with Spring Valley Acquisition Corp.Dec 14, 2021

Summarized from public sources; check the original articles before acting on it.