NUSCALE POWER Corp (SMR) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
SMR currently has 320M outstanding shares. with moderate dilution risk from 92.2M authorized shares representing 28.8% potential dilution. The company has significantly diluted shareholders by 161.76% over the past 2 years, indicating aggressive capital raising.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| May 07, 2026 |
10-Q filing | 319.7M shares outstanding |
320M | 92M |
| Nov 06, 2025 |
10-Q filing | 167.7M shares outstanding |
170M | 92M |
| Aug 07, 2025 |
10-Q filing | 133.4M shares outstanding |
130M | 92M |
| Aug 01, 2025 |
8-K filing: NuScale Power Corporation entered into an Exchange and Lock-Up Agreement with Fluor Enterprises, Inc. regarding the exchange of Class B units into Class A common stock, with Fluor agreeing to a 30-day lock-up and limitations on sales. |
130M | 92M |
| May 12, 2025 |
10-Q filing | 127.7M shares outstanding |
130M | 92M |
| Mar 03, 2025 |
10-K filing | 128.2M shares outstanding |
130M | 92M |
| Nov 08, 2024 |
10-Q filing | 95.2M shares outstanding |
95M | 92M |
| Aug 09, 2024 |
10-Q filing | 89.6M shares outstanding |
90M | 92M |
| May 09, 2024 |
10-Q filing | 88.5M shares outstanding |
89M | 92M |
| Mar 15, 2024 |
10-K filing | 73.4M shares outstanding |
73M | 92M |
| Nov 09, 2023 |
10-Q filing | 74.8M shares outstanding |
75M | 92M |
| Aug 09, 2023 |
10-Q filing | 72.1M shares outstanding |
72M | 92M |
| Jun 01, 2023 |
S-3 filing: The company may issue up to $500,000,000 aggregate dollar amount of Class A Common Stock, preferred stock, debt securities, warrants or units of securities. |
70M | 92M |
| May 09, 2023 |
10-Q filing | 69.7M shares outstanding |
70M | 28M |
| Mar 20, 2023 |
POS AM filing: This prospectus relates to the issuance and resale of Class A Common Stock and Private Placement Warrants of NuScale Power Corporation. |
70M | 28M |
| Mar 16, 2023 |
10-K filing | 69.9M shares outstanding |
70M | 260M |
| Nov 14, 2022 |
10-Q filing | 51.9M shares outstanding |
52M | 260M |
| Aug 12, 2022 |
10-Q filing | 42.0M shares outstanding |
42M | 260M |
| Jun 14, 2022 |
S-1/A filing: This S-1/A filing registers (1) the issuance of up to 178,396,711 shares of Class A Common Stock upon exchange of Class B Units, (2) the issuance of up to 11,500,000 shares of Class A Common Stock upon exercise of Public Warrants, (3) the issuance of up to 8,900,000 shares of Class A Common Stock upon exercise of Private Placement Warrants and the resale of such shares, and (4) the resale of up to 23,700,002 shares of Class A Common Stock purchased by PIPE Investors and 5,514,933 shares of Class A Common Stock held by Spring Valley Founders and 8,900,000 Private Placement Warrants. |
5.8M | 260M |
| May 13, 2022 |
S-1 filing: This S-1 filing registers the issuance and resale of various securities including Class A Common Stock, warrants, and shares issued in private placements, related to the merger of Spring Valley Acquisition Corp and NuScale LLC. |
5.8M | 260M |
| Apr 29, 2022 |
10-Q filing | 5.8M shares outstanding |
5.8M | 28M |
| Apr 29, 2022 |
8-K filing: Shareholders of Spring Valley elected to redeem an aggregate of 8,599,631 Class A ordinary shares. |
5.8M | 28M |
| Apr 27, 2022 |
8-K filing: Spring Valley Acquisition Corp. shareholders elected to redeem an aggregate of 8,619,631 Class A ordinary shares, representing approximately 37.5% of the outstanding Class A ordinary shares. |
5.8M | 28M |
| Apr 06, 2022 |
8-K filing: Spring Valley Acquisition Corp. entered into an Additional Subscription Agreement with Nucor Corporation, where Nucor agreed to purchase 1,500,000 shares of Spring Valley Class A Common Stock for $15,000,000. ($236.0M proceeds) |
5.8M | 28M |
| Mar 30, 2022 |
8-K filing: Spring Valley entered into an additional subscription agreement with SailingStone for 1,000,000 shares of Class A Common Stock at $10.00 per share, resulting in gross proceeds of $10,000,000, increasing the total anticipated proceeds from the PIPE Investment to $221,000,000. ($10.0M proceeds) |
5.8M | 28M |
| Mar 10, 2022 |
10-K filing | 5.8M shares outstanding |
5.8M | 28M |
| Dec 14, 2021 |
8-K filing: Spring Valley Acquisition Corp. entered into a merger agreement with NuScale Power, LLC, and simultaneously entered into subscription agreements for a private placement of 21,300,002 shares of Spring Valley Common Stock for $211,000,000, contingent upon the merger's completion. ($211.0M proceeds) |
5.8M | 28M |
| Nov 08, 2021 |
10-Q filing | 5.8M shares outstanding |
5.8M | 28M |
| Aug 13, 2021 |
10-Q filing | 4.0M shares outstanding |
4M | 28M |
| May 21, 2021 |
10-Q filing | 23.0M shares outstanding |
23M | 28M |
| Mar 31, 2021 |
10-K filing | 23.0M shares outstanding |
23M | 28M |
| Mar 26, 2021 |
8-K filing: Spring Valley Acquisition Corp. entered into a merger agreement with Dream Holdings, Inc., where Dream Holdings will merge into a subsidiary of Spring Valley, with Spring Valley assuming convertible notes of Dream Holdings and converting them into shares of Spring Valley Common Stock at $9.00 per share, subject to certain conditions including stockholder approvals and regulatory filings. ($125.0M proceeds) |
23M | 28M |
| Jan 07, 2021 |
10-Q filing | 23.0M shares outstanding |
23M | 28M |
| Dec 03, 2020 |
8-K filing: Spring Valley Acquisition Corp. consummated an initial public offering of 23,000,000 units at $10.00 per unit and a private placement with Spring Valley Acquisition Sponsor, LLC of 8,900,000 private placement warrants at $1.00 per warrant, with net proceeds of $232,300,000 placed in a trust account. ($238.9M proceeds) |
5.8M | 28M |
| Nov 30, 2020 |
8-K filing: Spring Valley Acquisition Corp. consummated its IPO of 23,000,000 units at $10.00 per unit, generating gross proceeds of $230,000,000, and simultaneously consummated a private placement of 8,900,000 private placement warrants to Spring Valley Acquisition Sponsor, LLC at $1.00 per warrant, generating gross proceeds of $8,900,000. ($238.9M proceeds) |
5.8M | 28M |
| Nov 20, 2020 |
S-1/A filing: Initial public offering of units, each consisting of one Class A ordinary share and one-half of one redeemable warrant, with a total proposed amount of $200,000,000. |
5.8M | 28M |
| Nov 19, 2020 |
S-1/A filing: Spring Valley Acquisition Corp. is offering 20,000,000 units at $10.00 per unit for a total of $200,000,000 in an initial public offering. |
5.8M | 28M |
| Oct 23, 2020 |
S-1/A filing: Spring Valley Acquisition Corp. is offering 20,000,000 units at $10.00 per unit, with each unit consisting of one Class A ordinary share and one-half of one redeemable warrant, in an initial public offering. |
5.8M | 26M |
| Oct 06, 2020 |
S-1/A filing: Spring Valley Acquisition Corp. is offering 25,000,000 units at $10.00 per unit for a total of $250,000,000 in an initial public offering, with each unit consisting of one Class A ordinary share and one-half of one redeemable warrant. |
7.2M | 32M |
| Sep 25, 2020 |
S-1 filing: Spring Valley Acquisition Corp. is offering 25,000,000 Units at $10.00 per unit, each unit consists of one Class A ordinary share and one-half of one redeemable warrant. |
N/A | 32M |