S-4 Filing

NUSCALE POWER CORP CIK: 1822966

Filing Information

Form Type	S-4
Accession Number	`0001104659-22-002288`
Period End Date	20210930
Filing Date	20220107
Fiscal Year	N/A
Fiscal Period	N/A
XBRL Instance	svsvu-20220107xs4_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 44 Income Statement 25 Cash Flow Statement 36 Stockholders Equity 22

Balance Sheet 44 line items

Line Item	Tag	Value	Unit	Period
Cash	`CashAndCashEquivalentsAtCarryingValue`	$1.91M	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$1.19M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$108.37K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$237.09K	USD	Point-in-time
Preference shares, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$1.30M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.14M	USD	Point-in-time
Preference shares, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Investments held in trust account	`AssetsHeldInTrustNoncurrent`	$232.30M	USD	Point-in-time
Preference shares, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preference shares, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Total assets	`Assets`	$234.45M	USD	Point-in-time
Total assets	`Assets`	$233.62M	USD	Point-in-time
Accrued Offering Costs, Current	`AccruedLiabilitiesCurrent`	$49.93K	USD	Point-in-time
Accrued Offering Costs, Current	`AccruedLiabilitiesCurrent`	$10.55K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$355.61K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$49.93K	USD	Point-in-time
Temporary Equity, Shares Outstanding	`TemporaryEquitySharesOutstanding`	23.00M	shares	Point-in-time
Derivative warrant liabilities	`WarrantLiabilitiesNonCurrent`	$33.66M	USD	Point-in-time
Temporary Equity, Shares Outstanding	`TemporaryEquitySharesOutstanding`	23.00M	shares	Point-in-time
Derivative warrant liabilities	`WarrantLiabilitiesNonCurrent`	$30.17M	USD	Point-in-time
Deferred underwriting fee payable	`DeferredOfferingCostsNoncurrent`	$8.05M	USD	Point-in-time
Total liabilities	`Liabilities`	$38.58M	USD	Point-in-time
Total liabilities	`Liabilities`	$41.76M	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Class A ordinary shares subject to possible redemption, 23,000,000 shares at $10.10 redemption value as of September 30, 2021 and December 31, 2020	`TemporaryEquityCarryingAmountAttributableToParent`	$232.30M	USD	Point-in-time
Class A ordinary shares subject to possible redemption, 23,000,000 shares at $10.10 redemption value as of September 30, 2021 and December 31, 2020	`TemporaryEquityCarryingAmountAttributableToParent`	$232.30M	USD	Point-in-time
Preference shares, $0.0001 par value	`PreferredStockValue`	-	USD	Point-in-time
Preference shares, $0.0001 par value	`PreferredStockValue`	-	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-37.27M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-39.62M	USD	Point-in-time
Total shareholders' deficit	`StockholdersEquity`	$-37.26M	USD	Point-in-time
Total shareholders' deficit	`StockholdersEquity`	$-39.61M	USD	Point-in-time
Total shareholders' deficit	`StockholdersEquity`	$-30.90M	USD	Point-in-time
Total shareholders' deficit	`StockholdersEquity`	$17.78K	USD	Point-in-time
Total shareholders' deficit	`StockholdersEquity`	$-35.34M	USD	Point-in-time
Total shareholders' deficit	`StockholdersEquity`	-	USD	Point-in-time
Total Liabilities and Shareholders' Deficit	`LiabilitiesAndStockholdersEquity`	$234.45M	USD	Point-in-time
Total Liabilities and Shareholders' Deficit	`LiabilitiesAndStockholdersEquity`	$233.62M	USD	Point-in-time

Income Statement 25 line items

Line Item	Tag	Value	Unit	Period
Temporary Equity, Shares Outstanding	`TemporaryEquitySharesOutstanding`	23.00M	shares	Point-in-time
Temporary Equity, Shares Outstanding	`TemporaryEquitySharesOutstanding`	23.00M	shares	Point-in-time
Formation and operating costs	`OperatingCostsAndExpenses`	$441.40K	USD	1 Quarter
Formation and operating costs	`OperatingCostsAndExpenses`	$7.22K	USD	Point-in-time
Formation and operating costs	`OperatingCostsAndExpenses`	$1.13M	USD	3 Qtrs
Formation and operating costs	`OperatingCostsAndExpenses`	$114.14K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-114.14K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-441.40K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-1.13M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-7.22K	USD	Point-in-time
Change in fair value of Derivative warrant liabilities	`FairValueAdjustmentOfWarrants`	$12.11M	USD	1 Quarter
Change in fair value of Derivative warrant liabilities	`FairValueAdjustmentOfWarrants`	$-3.49M	USD	3 Qtrs
Change in fair value of Derivative warrant liabilities	`FairValueAdjustmentOfWarrants`	$1.49M	USD	1 Quarter
Offering costs allocated to derivative warrant liabilities	`OfferingCostsAllocatedToDerivativeWarrantLiabilities`	$749.25K	USD	1 Quarter
Interest earned on marketable securities held in Trust Account	`InvestmentIncomeInterest`	$2.99K	USD	1 Quarter
Interest earned on marketable securities held in Trust Account	`InvestmentIncomeInterest`	$14.51K	USD	3 Qtrs
Interest earned on marketable securities held in Trust Account	`InvestmentIncomeInterest`	$1.97K	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$2.38M	USD	3 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$8.73M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-1.93M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-7.22K	USD	Point-in-time
Net Income (Loss)	`NetIncomeLoss`	$-4.43M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-12.97M	USD	1 Quarter
Weighted average shares outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	23.00M	shares	3 Qtrs
Weighted average shares outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	23.00M	shares	1 Quarter

Cash Flow Statement 36 line items

Line Item	Tag	Value	Unit	Period
Net Loss	`ProfitLoss`	$2.38M	USD	3 Qtrs
Net Loss	`ProfitLoss`	$-12.97M	USD	1 Quarter
Net Loss	`ProfitLoss`	$-7.22K	USD	Point-in-time
Change in fair value of derivative warrant liabilities	`FairValueAdjustmentOfWarrants`	$12.11M	USD	1 Quarter
Change in fair value of derivative warrant liabilities	`FairValueAdjustmentOfWarrants`	$-3.49M	USD	3 Qtrs
Change in fair value of derivative warrant liabilities	`FairValueAdjustmentOfWarrants`	$1.49M	USD	1 Quarter
Offering costs allocated to derivative warrant liabilities	`OfferingCostsAllocatedToDerivativeWarrantLiabilities`	$749.25K	USD	1 Quarter
Payment of formation costs through issuance of Class B ordinary shares	`NoncashMergerRelatedCosts`	$5.00K	USD	1 Quarter
Interest earned on marketable securities held in Trust Account	`InvestmentIncomeInterest`	$2.99K	USD	1 Quarter
Interest earned on marketable securities held in Trust Account	`InvestmentIncomeInterest`	$14.51K	USD	3 Qtrs
Interest earned on marketable securities held in Trust Account	`InvestmentIncomeInterest`	$1.97K	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$237.09K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-6.66K	USD	Point-in-time
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-691.04K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-346.23K	USD	1 Quarter
Investment of cash into Trust Account	`PaymentsForInvestmentOfCashInTrustAccount`	$232.30M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-232.30M	USD	1 Quarter
Proceeds from sale of Units, net of underwriting discounts paid and reimbursements	`NetProceedsFromInitialPublicOffering`	$226.15M	USD	1 Quarter
Proceeds from sale of Private Placement Warrants	`ProceedsFromIssuanceOfWarrants`	$8.90M	USD	1 Quarter
Repayment of promissory note - related party	`RepaymentsOfRelatedPartyDebt`	$124.83K	USD	1 Quarter
Payment of offering costs	`PaymentsOfStockIssuanceCosts`	$372.59K	USD	1 Quarter
Payment of offering costs	`PaymentsOfStockIssuanceCosts`	$25.00K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$234.55M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-25.00K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$6.66K	USD	Point-in-time
Net decrease in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-716.04K	USD	3 Qtrs
Net decrease in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$1.91M	USD	1 Quarter
Cash - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.91M	USD	Point-in-time
Cash - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.19M	USD	Point-in-time
Cash - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.91M	USD	Point-in-time
Cash - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.19M	USD	Point-in-time
Warrant liabilities in connection with initial public offering	`WarrantLiabilitiesInConnectionWithInitialPublicOfferingAndPrivatePlacement`	$22.53M	USD	1 Quarter
Deferred underwriting fee payable	`DeferredUnderwritingFeePayable`	$8.05M	USD	1 Quarter
Accrued offering costs	`OfferingCostIncludedInAccountsPayableAccruedExpenses`	$49.93K	USD	1 Quarter
Offering costs paid by Sponsor in exchange for Founder Shares	`OfferingCostsPaidByFounder`	$20.00K	USD	1 Quarter
Offering costs paid directly through Note payable	`NotesIssued1`	$124.83K	USD	1 Quarter

Stockholders Equity 22 line items

Line Item	Tag	Value	Unit	Period
Balance at the beginning	`StockholdersEquity`	$-37.26M	USD	Point-in-time
Balance at the beginning	`StockholdersEquity`	$-39.61M	USD	Point-in-time
Balance at the beginning	`StockholdersEquity`	$-30.90M	USD	Point-in-time
Balance at the beginning	`StockholdersEquity`	$17.78K	USD	Point-in-time
Balance at the beginning	`StockholdersEquity`	$-35.34M	USD	Point-in-time
Balance at the beginning	`StockholdersEquity`	-	USD	Point-in-time
Issuance of shares	`StockIssuedDuringPeriodValueNewIssues`	$25.00K	USD	1 Quarter
Issuance of shares	`StockIssuedDuringPeriodValueNewIssues`	$25.00K	USD	Point-in-time
Accretion of Class A Ordinary Shares to redemption value	`OrdinarySharesAccretionToRedemptionValue`	$-26.67M	USD	1 Quarter
Accretion of Class A Ordinary Shares to redemption value	`OrdinarySharesAccretionToRedemptionValue`	$-25.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$2.38M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$8.73M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-1.93M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-7.22K	USD	Point-in-time
Net loss	`NetIncomeLoss`	$-4.43M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-12.97M	USD	1 Quarter
Balance at the end	`StockholdersEquity`	$-37.26M	USD	Point-in-time
Balance at the end	`StockholdersEquity`	$-39.61M	USD	Point-in-time
Balance at the end	`StockholdersEquity`	$-30.90M	USD	Point-in-time
Balance at the end	`StockholdersEquity`	$17.78K	USD	Point-in-time
Balance at the end	`StockholdersEquity`	$-35.34M	USD	Point-in-time
Balance at the end	`StockholdersEquity`	-	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.