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NUSCALE POWER Corp

Completed deSPAC · 1 SPAC · 1 closed · 0 announced

Spring Valley Acquisition Corp (Nasdaq: SV), sponsored by Pearl Energy Investments, was a blank-check company that completed its IPO in 2020 targeting the energy transition sector. In April 2022, Spring Valley announced a definitive merger agreement with NuScale Power Corp, a Portland-based developer of small modular reactor technology and one of the first advanced nuclear companies to pursue a public listing in the United States. The transaction closed in 2023, with the combined entity trading on the NYSE under the ticker SMR. The deal is now listed as closed in SPAC transaction records, marking a landmark moment for the nuclear energy industry's intersection with public markets. Sign up on SpacDesk for full deal data, timeline breakdowns, and sponsor history on this and hundreds of other SPAC transactions.

Announced
2022-04-11
Closed
2022-05-05
PIPE Raised
$100–250M
Industry
Nuclear

SPAC Counterparty (1)

SymbolIssuerStatusAnnouncedCloseIPO SizePIPESponsor
SVSpring Valley Acquisition CorpClosed2022-04-112022-05-05$232.3M$221.0MSpring Valley Acquisition Sponsor, LLC