ATLANTA, GA – – (Globe Newswire – November 16, 2023) – – Holzer & Holzer, LLC informs investors that a shareholder class action lawsuit has been filed against NuScale Power Corporation (“NuScale” or the “Company”) (NYSE: SMR). The lawsuit alleges NuScale made false or misleading statements and/or omitted material adverse information regarding the Company’s business, operations, and prospects, including allegations that: (1) because of the effect of inflationary pressures on the cost of construction and power, the Company and Utah Associated Municipal Power Systems would be unable to sign up enough subscribers to fulfill the Carbon Free Power Project; and (2) Standard Power did not have the financial ability to support its agreement with NuScale.

If you bought NuScale shares between March 15, 2023 and November 8, 2023, and you suffered a significant loss on that investment, you are encouraged to discuss your legal rights by contacting Corey Holzer, Esq. at cholzer@holzerlaw.com or Joshua Karr, Esq. at jkarr@holzerlaw.com, by toll-free telephone at (888) 508-6832 or you may visit the firm’s website at www.holzerlaw.com/case/nuscale/ to learn more.

The deadline to ask the court to be appointed lead plaintiff in the case is January 16, 2024.