NuScale Power Corporation (NYSE:SMR) announces a $500 million at-the-market stock offering plan. The company has finalized a sales agreement with UBS Securities, TD Securities (USA), B. Riley Securities, Canaccord Genuity, and Tuohy Brothers Investment Research to commence the offering program. Shares can be sold from time to time through these financial institutions.

The company’s Form 8-K filing includes a legal opinion confirming the validity of shares to be issued under the sales agreement. NuScale Power Corporation is an Oregon-based company specializing in small modular reactor (SMR) technology. While SMR shows investment potential, some AI stocks may offer greater upside potential and lower downside risk, according to analysts. For more information, see the report on the best short-term AI stock.

Read more at Yahoo Finance: NuScale Power (SMR) Introduces $500M at-the-market Stock Offering Plan