INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in NuScale Power Corporation of Class Action Lawsuit and Upcoming Deadlines - SMR

Core Viewpoint - A class action lawsuit has been filed against NuScale Power Corporation, alleging securities fraud and unlawful business practices, with a deadline for investors to join the lawsuit by April 20, 2026 [1] Financial Performance - NuScale reported a significant increase in general and administrative expenses, which surged over 3,000% to $519 million in Q3 2025, compared to $17 million in the same period the previous year [1] - The company's quarterly net loss escalated to $532 million, up from $46 million in the prior year [1] Business Developments - The increase in expenses was primarily due to a $495 million payment to ENTRA1 Energy LLC related to an agreement to develop power plants for the Tennessee Valley Authority, which could involve up to six gigawatts of new nuclear power generation [1] - Analysts questioned NuScale's management about ENTRA1's capability to operate the energy generation facilities as per the TVA agreement, which could lead to milestone payments exceeding $3 billion [1] Market Reaction - Following the announcement of the financial results and the lawsuit, NuScale's stock price dropped by $7.57 per share, or 19.97%, closing at $30.34 per share on November 7, 2025 [1]