Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
holding | SMR | Class B Common Stock | May 2, 2022 | Class A Common Stock | 4.24M | See footnote | F1, F2, F5 | |||||||
holding | SMR | Class B Common Stock | May 2, 2022 | Class A Common Stock | 372K | See footnote | F1, F3, F5 | |||||||
holding | SMR | Class B Common Stock | May 2, 2022 | Class A Common Stock | 4.51M | See footnote | F1, F4, F5 |
Id | Content |
---|---|
F1 | Each share of Class B common stock, par value $0.0001 per share ("Class B Common Stock"), of NuScale Power Corporation (the "Issuer") when paired with one Class B Unit of NuScale Power, LLC, may be exchanged at the holder's election for one share of Class A common stock, par value $0.0001 per share of the Issuer. |
F2 | Consists of 4,241,765 shares of Class B Common Stock directly held by Next Tech 1 New Technology Investment Fund ("Next Tech 1"). BH Investment and Liberty Ltd. ("BHI") is, together with IBK Securities Co., Ltd. ("IBKS"), the co-general partner of Next Tech 1 with the right to vote or dispose of the shares of Class B Common Stock held by Next Tech 1. BHI disclaims any beneficial ownership of the securities held by Next Tech 1 other than to the extent of any pecuniary interest it may have therein, directly or indirectly. |
F3 | Consists of 372,420 shares of Class B Common Stock directly held by Next Tech 2 New Technology Investment Fund ("Next Tech 2"). BHI is, together with IBKS, the co-general partner of Next Tech 2 with the right to vote or dispose of the shares of Class B Common Stock held by Next Tech 2. BHI disclaims any beneficial ownership of the securities held by Next Tech 2 other than to the extent of any pecuniary interest it may have therein, directly or indirectly. |
F4 | Consists of 4,512,729 shares of Class B Common Stock directly held by Next Tech 3 New Technology Investment Fund ("Next Tech 3"). BHI is, together with SB Partners Co., Ltd. and SAC Partners Co., Ltd., the co-general partner of Next Tech 3 with the right to vote or dispose of the shares of Class B Common Stock held by Next Tech 3. BHI disclaims any beneficial ownership of the securities held by Next Tech 3 other than to the extent of any pecuniary interest it may have therein, directly or indirectly. |
F5 | Dae Seok Bae is the sole controlling person of BHI, and therefore is deemed to share beneficial ownership of the shares of Class B Common Stock held by Next Tech 1, Next Tech 2 and Next Tech 3. Dae Seok Bae disclaims any beneficial ownership of the securities held by Next Tech 1, Next Tech 2 and Next Tech 3 other than to the extent of any pecuniary interest he may have therein, directly or indirectly. |
See Exhibit 99.1 - Joint Filer Information, which is incorporated herein by reference and describes in further detail the relationships of the Reporting Persons to the Issuer.