NuScale after one month public: We like where we stand

Portland-based NuScale Power has endured a volatile stock market and a couple of negative news reports since it went public a month ago.

But in a business update on Friday, executives emphasized the advanced nuclear power company’s financial position and pointed to progress on several fronts.

NuScale is something of an anomaly among recent SPAC-merger listings. As its deal moved toward closure, it gathered additional backing in the form of private investment in public equity, or PIPE. And it…


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