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27 Feb 2026

Latham & Watkins Advises Sales Agents on NuScale's US$1 Billion At-The-Market Equity Offering Program

"Latham & Watkins advised the sales agents in NuScale Power Corporation's US$1 billion at-the-market equity offering program under a sales agreement with UBS Investment Bank, B. Riley Securities, Canaccord Genuity, and Tuohy Brothers."

Latham & Watkins represented the sales agents in the transaction, assisting UBS Investment Bank, B. Riley Securities, Inc., Canaccord Genuity, and Tuohy Brothers. NuScale Power Corporation (NYSE: SMR), a designer and marketer of small modular nuclear reactors, announced a US$1 billion at-the-market equity offering program pursuant to the entry into a sales agreement with UBS Investment Bank, B. Riley Securities, Inc., Canaccord Genuity, and Tuohy Brothers. The program enables NuScale to offer and sell shares into the market on an as-needed basis through the appointed sales agents. Latham & Watkins represented the sales agents (UBS Investment Bank, B. Riley Securities, Inc., Canaccord Genuity, and Tuohy Brothers) with a Capital Markets team composed of partners Andrew Baker and Brittany Ruiz and associates Brice Stewart and Sareen Ishanyan.
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