$SV News

Last published 4y ago

4y agoFLR SMR SVNuScale Power Completes Merger with Spring Valley Acquisition Corp. to Create World's First and Only Publicly Traded Provider of Transformational Small Modular Nuclear Reactor TechnologyBusiness WireCombined company expected to have enterprise value of more than $2.2 billion; will commence trading on the New York Stock Exchange under ticker symbols "SMR" and "SMR WS" May 3, 2022 Transaction provides approximately $380 million in gross proceeds,
4y agoSV SVSVWSpring Valley Acquisition Corp. Shareholders Approve Business Combination with NuScale PowerBusiness WireTransaction expected to close on May 2, 2022, generating approximately $380 million in gross proceeds NuScale Power Corporation will begin trading on the New York Stock Exchange under the ticker symbols "SMR" and "SMR WS" Spring Valley Acquisition
4y agoSV SVSVWNuScale Power Signs Memorandum of Understanding with GS Energy, Doosan, and Samsung to Explore Small Modular Reactor DeploymentBusiness WireThis agreement with South Korean-based investors demonstrates the group's continued commitment to the near-term deployment of NuScale's small modular reactor (SMR) technology NuScale Power LLC announced today it has signed a Memorandum of Understandi
4y agoSV SVSVWNuScale Power and Doosan Sign Agreement to Begin SMR ProductionBusiness WireThis milestone signifies the beginning of NuScale Power Module™ manufacture, a critical next step in the deployment of NuScale's clean energy technology NuScale Power LLC ("NuScale") and Doosan Enerbility Co., Ltd. ("Doosan") announced through a si
4y agoSVNuScale Power Signs Collaboration Agreement with the U.S. Reactor Forging ConsortiumBusiness WireThis remarkable collaboration will strengthen supply chain capabilities as NuScale Power approaches commercialization Grant secured through Commonwealth of Pennsylvania for work with Concurrent Technologies and North American Forgemasters Today, N
4y agoSVSpring Valley Acquisition Corp. Announces Effectiveness of S-4 Registration Statement and the April 28, 2022 Special Meeting of Stockholders to Approve Business Combination with NuScale PowerBusiness WireUpon closing, the combined company's common stock is expected to trade on the New York Stock Exchange under the ticker symbol "SMR" Spring Valley Acquisition Corp. (NASDAQ:SV, SVSVW))) ("Spring Valley"), a publicly-traded special purpose acquisition
4y agoNUE SV SVSVWNucor Invests in Development of New Nuclear Energy TechnologyPR NewswireCHARLOTTE, N.C., April 6, 2022 /PRNewswire/ -- Nucor Corporation (NYSE:NUE) announced today that it is investing $15 million in NuScale Power, LLC (NuScale), a developer of small modular reactor (SMR) nuclear plants. Nucor has entered into an agreement t
4y agoNUE SVNuScale Power and Spring Valley Acquisition Corp. Announce $15 Million PIPE Investment from NucorBusiness WireInvestment from the preeminent U.S. steel manufacturer increases total committed PIPE investment to $236 million In total since the merger announcement in December, $165 million of NuScale equity has been secured in PIPE commitments or sold at ~$10 p
4y agoSVFluor-held NuScale Equity Purchased by Japanese PartnerBusiness WireFollowing NuScale's landmark announcement with Spring Valley, new investment partners reaffirm NuScale's world-changing promise for clean energy NuScale welcomes a new investment from world-class partners in the Japan NuScale Innovation, LLC (JNI). J
4y agoSVNuScale Power and Spring Valley Acquisition Corp. Announce Additional $10 Million PIPE Investment From SailingStone Capital PartnersBusiness WireTotal committed PIPE investment increased from $211 million to $221 million Additional institutional investment demonstrates strong investor support for NuScale's technology and business combination SailingStone Capital Partners and Pickering Ener
4y agoSVNuScale and Dairyland Power Cooperative Announce Collaboration to Explore the Deployment of NuScale's Advanced Small Modular Reactor TechnologyBusiness WireFurther solidifying the key role that advanced nuclear energy technology will have in the clean energy transition, NuScale and Dairyland Power agree to work together to explore safe, clean and cost-effective energy solutions for the future Today, NuS
4y agoSVNuScale Power and Spring Valley Acquisition Corp. Announce Satisfaction of Contingency for $30 Million of Samsung C&T Corporation's PIPE InvestmentBusiness WireTotal committed PIPE investment increased from $181 million to $211 million, ensuring that, pending satisfaction of remaining closing conditions, the minimum cash threshold for the business combination can be met NuScale Power, LLC ("NuScale" or the
4y agoSVNuScale Power Announces Filing of a Registration Statement on Form S-4 in Connection With Its Proposed Business Combination With Spring Valley Acquisition Corp.Business WireNuScale Power, LLC ("NuScale" or the "Company"), the industry-leading provider of proprietary and innovative advanced nuclear small modular reactor ("SMR") technology, and Spring Valley Acquisition Corp. (NASDAQ:SV) ("Spring Valley"), a publicly-traded
4y agoSVNuScale Announces James T. Hackett Has Joined the Board of Managers as Non-Executive ChairmanBusiness WireNuScale announces today that James T. Hackett will become the non-executive Chairman of the Board of Managers for NuScale Power, LLC. Hackett has served on the board of NuScale since November 2021 and as a Director on Fluor Corporation's Board of Direct
4y agoFLR SVFluor-Backed NuScale Power Signs Agreement to Accelerate Small Modular Reactor CommercializationBusiness Wire- Merger agreement with Spring Valley Acquisition Corp. anticipated to close in first half of 2022 - Combined company expected to be first publicly-traded advanced small modular reactor (SMR) technology developer - NuScale'
4y agoFLR SVNuScale Power, the Industry-Leading Provider of Transformational Small Modular Nuclear Reactor Technology, Announces Plans to Go Public via Merger with Spring Valley Acquisition Corp.Business WireNuScale Power, LLC ("NuScale") has entered into a business combination agreement with Spring Valley Acquisition Corp. (NASDAQ:SV) The combined company, which will be named NuScale Power Corporation, will have an estimated pro-forma enterprise valu
5y agoSVAeroFarms and Spring Valley Acquisition Corp. Mutually Agree to Terminate Business Combination AgreementBusiness WireDream Holdings, Inc. ("AeroFarms"), a certified B Corporation and leader in indoor vertical farming, and Spring Valley Acquisition Corp. ("Spring Valley") (NASDAQ:SV, SVSVW, SVSVU))), a publicly traded special purpose acquisition company, announced toda
5y agoSVAeroFarms Expands Distribution of its Award-Winning Greens with Stop & Shop to Meet Customer DemandBusiness WireExpanding to more than 350 Stop & Shop locations in Northeast and New England regions AeroFarms, a Certified B Corporation and leader in indoor vertical farming, today announced that it is expanding this Fall its distribution of leafy greens to more
5y agoSV SVSVU SVSVWSpring Valley Provides Update on Business Combination with AeroFarmsBusiness WireSpring Valley Acquisition Corp. ("Spring Valley") (NASDAQ:SV, SVSVW, SVSVU))) and Dream Holdings, Inc. ("AeroFarms") today provided an update on the closing process and related timeline for their previously announced business combination, which wa
5y agoSVGoose Island UK and AeroFarms Partner to Launch Hail Hydro, a Session IPA, to Advance Sustainable BrewingBusiness WireBrewed with hops grown indoors by AeroFarms and its proprietary vertical farming technology platform Goose Island UK and AeroFarms®, a certified B Corporation and leader in indoor vertical farming have unveiled today Hail Hydro - a brand new session
5y agoSVAeroFarms Wins Produce Business's 33rd Annual Marketing Excellence AwardsBusiness WireAeroFarms elevated rebrand and packaging redesign breaks through at Retail AeroFarms®, a certified B Corporation and leader in indoor vertical farming, today announced that it is a winner of PRODUCE BUSINESS's 33rd Annual Marketing Excellence Awards
5y agoSV SVSVU SVSVWSpring Valley Announces Shareholder Approval of Business Combination with AeroFarmsBusiness WireSpring Valley Acquisition Corp. ("Spring Valley") (NASDAQ:SV, SVSVW, SVSVU))) today announced the results for the ten proposals considered and voted upon by its shareholders at its extraordinary general meeting of shareholders held on August 30, 2021 (t
5y agoSV SVSVU SVSVWSpring Valley Announces Extension of Redemption DeadlineBusiness WireAs previously announced on August 20, 2021, Spring Valley Acquisition Corp. ("Spring Valley") (NASDAQ:SV, SVSVW, SVSVU))) postponed its extraordinary general meeting of shareholders (the "Extraordinary Meeting"), originally scheduled to be held on Augus
5y agoSVSpring Valley Announces Postponement of Extraordinary Meeting of StockholdersBusiness WireSpring Valley Acquisition Corp. ("Spring Valley") (NASDAQ:SV, SVSVW, SVSVU))) today announced that it postponed Spring Valley's extraordinary general meeting of stockholders (the "Extraordinary Meeting") originally scheduled to be held on August 20, 202
5y agoAPPH WE SVVertical Farms Rush to Improve Kale on Profitability Path: AeroFarms (ARFM) SPACBloomberg
5y agoSVAeroFarms Provides Business UpdateBusiness WireWorld leader in indoor vertical farming continues to innovate and execute its expansion plans AeroFarms, a Certified B Corporation and leader in indoor vertical farming, today provided the following business update from Co-Founder and Chief Executive
5y agoSVCargill Partners with Vertical Farming Leader AeroFarms in First-of-Its-Kind Research Focused on Cocoa ProductionBusiness WireMulti-year collaboration to use fully controlled environments to unlock plant biology, understand climate impacts and explore novel production practices As part of ongoing efforts to build a more resilient and sustainable cocoa sector, Cargill has en
5y agoSVAeroFarms Announces Midwest Expansion with New Farm in St. Louis RegionBusiness WireIndoor vertical farm expansion scales AeroFarms' proprietary AgTech to meet consumer and retailer demand in the Midwest AeroFarms, a Certified B Corporation and leader in indoor vertical farming, today announced its plan to expand to the Midwest regi
5y agoSVSpring Valley Acquisition Corp. Reminds Stockholders to Vote in Favor of Business Combination with AeroFarmsBusiness WireSpring Valley Acquisition Corp. (NASDAQ:SV) ("Spring Valley" or "the Company"), a publicly traded special purpose acquisition company, reminds its holders of common stock to vote in favor of the Company's proposed business combination with AeroFarms, a
5y agoSVAeroFarms to Participate in Noble Capital Markets' Virtual Road Show Series and IPO Edge Fireside ChatBusiness WireAeroFarms, a Certified B Corporation and leader in indoor vertical farming, today announced participation in two upcoming events where its executive management team will discuss its differentiated technological capabilities, including its partnership wi
5y agoSVAeroFarms and Nokia Unveil Partnership for Next Generation AI-Enabled Plant Vision TechnologyBusiness WireGround-breaking technology partnership will significantly improve plant yields and quality in AeroFarms' vertical farms through analytics, AI, drones and wireless networking. AeroFarms and Nokia Bell Labs today unveiled a groundbreaking multi-y
5y agoSVAeroFarms Co-Founder & CEO David Rosenberg to Participate in Water Tower Research Fireside Chat SeriesBusiness WireAeroFarms, a Certified B Corporation and leader in indoor vertical farming, will be participating in the Water Tower Research Virtual Fireside Chat Series on Wednesday, August 4, 2021 at 2:30 pm ET. The topic will be "Introduction to AeroFarms – The T
5y agoSVAeroFarms and Spring Valley Acquisition Corp. Announce Registration Statement Effectiveness and August 20, 2021 Scheduled Special Meeting to Approve Business CombinationBusiness WireAeroFarms, a Certified B Corporation and leader in indoor vertical farming, and Spring Valley Acquisition Corp. (NASDAQ:SV) ("Spring Valley"), a publicly traded special purpose acquisition company, announced today that the registration statement on Form
5y agoSVAeroFarms to Participate in the CJS Securities 21st Annual New Ideas Summer ConferenceBusiness WireAeroFarms, a Certified B Corporation and leader in indoor vertical farming, today announced that management will be presenting at the CJS Securities 21st Annual "New Ideas" Summer Virtual Investor Conference on Tuesday, July 13, 2021. The presentation w
5y agoSVAeroFarms Expands its Award-Winning Leafy Greens Product AssortmentBusiness WireExpanding Across the Leafy Greens Category to Meet Customer Demand AeroFarms, a Certified B Corporation and leader in indoor vertical farming, today announced that it is expanding its line of leafy greens to include 5 new items: Baby Bok Choy-The New
5y agoSVAeroFarms Commences Construction on Its AgX Research Center in Abu Dhabi, UAEBusiness WireAeroFarms' newest indoor vertical farm will be the largest of its kind dedicated to the latest in Research & Development AeroFarms, a certified B Corporation and leader in indoor vertical farming, today announced that AeroFarms AgX LTD, its wholly ow
5y agoSVAeroFarms to Participate in BMO Capital Markets 16th Annual Farm to Market Conference and Host IPO Edge Fireside ChatBusiness WireAeroFarms, a Certified B Corporation and leader in indoor vertical farming, today announced that management will be presenting at the BMO Capital Markets 16th Annual Farm to Market Conference on Wednesday, May 19, 2021. The presentation will begin at 3:
5y agoSVAeroFarms Doubles Leafy Greens Offering at Whole Foods Northeast StoresBusiness WireAeroFarms also expands at Amazon Fresh, Fresh Direct, and Walmart AeroFarms, a Certified B Corporation and leader in indoor vertical farming, today announced that it is expanding its retail presence in the Northeast with current long-time customers
5y agoSVAeroFarms Announces Filing of a Registration Statement on SEC Form S-4 in Connection with its Proposed Business Combination with Spring Valley Acquisition Corp.Business WireAeroFarms, a Certified B Corporation and leader in indoor vertical farming, and Spring Valley Acquisition Corp. (NASDAQ:SV) ("Spring Valley"), a publicly-traded special purpose acquisition company, announced today that it has filed with the U.S. Securit
5y agoSVAeroFarms Wins 2021 Controlled Environment Agriculture Brand Excellence AwardBusiness WireAeroFarms honored as the CEA brand that "dominates on store shelves" AeroFarms, a certified B Corporation and leader in indoor vertical farming, today announced that it is the recipient of the 2021 CEA Brand Excellence Award. The award recognizes Aer
5y agoSVAeroFarms Launches New Elevated Branding for Corporate and Retail ExpansionBusiness WireAeroFarms Recognized by Fast Company's World Changing Ideas for 4th Year in a Row AeroFarms, a certified B Corporation and leader in indoor vertical farming, today announced a new brand identity for AeroFarms and the rebranding of its Dream Greens®
5y agoSVAeroFarms Breaks Ground on World's Largest and Most Technologically Advanced Aeroponic Indoor Vertical FarmBusiness WireNext-generation Model 5 farm to advance leadership in plant science and technology, drive continuous innovation and expand leafy greens business in Mid-Atlantic region Virginia Governor Ralph Northam and Virginia Secretary of Agriculture Bettina Ring
5y agoSVAeroFarms Expands Global Headquarters to Support Growth and InnovationBusiness WireIndoor vertical farming leader continues commitment to Newark as it expands presence within the community Co-Founder & CEO David Rosenberg recognized as ROI-NJ Top Technology Influencer AeroFarms, a certified B Corporation and leader in indoor ver
5y agoSVAeroFarms Appoints Gary M. Cohen as Chief Revenue Officer to Drive Continued Global Growth and Category ExpansionBusiness WireNEWARK, N.J.--(BUSINESS WIRE)--AeroFarms, a certified B Corporation and leader in vertical farming, today announced that Gary M. Cohen has joined the company as Chief Revenue Officer. In his role as CRO, Mr. Cohen will lead farm development and business growth initiatives including the commercialization of new product categories.
5y agoSV CMII PFBI QELLMoore Kuehn Encourages SV, CMII, PFBI, and QELL Investors to Contact Law FirmPR NewswireMoore Kuehn, PLLC, a law firm focusing in securities litigation located on Wall Street in downtown New York City, is investigating potential claims...
5y agoSVAeroFarms and Hortifrut Announce R&D Partnership to Advance the Next Generation of Blueberry and Caneberry Production in Vertical FarmsBusiness WireNEWARK, N.J. & SANTIAGO, Chile--(BUSINESS WIRE)--AeroFarms, a certified B Corporation and leader in vertical farming, and Hortifrut S.A., a certified B Corporation in Chile and a global business platform leader in berries marketing, distribution and production, today announced a multi-year partnership to jointly research and develop blueberry and caneberry production in fully-controlled indoor env ...
5y agoWFC JPM AMZN SVAeroFarms to Go Public in $1.2 Billion Spring Valley SPAC DealBloombergAeroFarms, the vertical farming company, agreed to go public through a merger with blank-check firm Spring Valley Acquisition Corp.
5y agoSVAeroFarms, the World Leader in Indoor Vertical Farming, to Become Publicly Traded Company through Combination with Spring Valley Acquisition Corp.Business WireNEWARK, N.J.--(BUSINESS WIRE)--AeroFarms, a certified B Corporation and leader in vertical farming, announced today it has entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Spring Valley Acquisition Corp. (Nasdaq: SV) (“Spring Valley”), a special purpose acquisition company. Upon closing of the transaction, AeroFarms will become publicly traded on Nasdaq under the new tick ...