Law Offices of Howard G. Smith announces an investigation on behalf of Nuscale Power Corporation (“Nuscale” or the “Company”) (NYSE: SMR) investors concerning the Company’s possible violations of federal securities laws.

IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN NUSCALE POWER CORPORATION (SMR), CONTACT THE LAW OFFICES OF HOWARD G. SMITH ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS.

Contact the Law Offices of Howard G. Smith to discuss your legal rights by email at howardsmith@howardsmithlaw.com, by telephone at (215) 638-4847 or visit our website at www.howardsmithlaw.com.

What Happened?

On November 6, 2025, after market hours, NuScale disclosed that the Company’s general and administrative expenses had increased more than 3,000%, to $519 million during its third fiscal quarter compared to $17 million in the prior year period. The surge was largely due to the Company’s payment of $495 million to ENTRA1 Energy LLC for its Tennessee Valley Authority (“TVA”) agreement. As a results, Nuscale’s quarterly net loss rose to $532 million, up from $46 million in the prior year period.

Following the Company’s earning announcements, analysts at Guggenheim Securities published a report stating the ENTRA1 was a “3-year old company that has never built, financed or operated anything” and that its available information revealed nothing “regarding the company’s history, management team, size or capitalization.” The report further stated that a “more accurate description” of ENTRA1 would be “that it is an entity supporting the activities of a single individual, specifically [its CEO and Chairman, Wadie Habboush].”

On this news, NuScale’s stock price fell $4.03, or 12.4%, over two consecutive trading days to close at $28.43 per share on November 10, 2025, thereby injuring investors

Contact Us To Participate or Learn More:

If you purchased Nuscale securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:

Law Offices of Howard G. Smith,
3070 Bristol Pike, Suite 112,
Bensalem, Pennsylvania 19020,
Telephone: (215) 638-4847
Email: howardsmith@howardsmithlaw.com,
Visit our website at: www.howardsmithlaw.com.

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