NUSCALE POWER Corp — Director's Dealing 2020

Nov 24, 2020

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: SPRING VALLEY ACQUISITION CORP. (SV)
CIK: 0001822966
Period of Report: 2020-11-23

Reporting Person: SV Acquisition Sponsor Sub, LLC (10% Owner)
Reporting Person: SPRING VALLEY ACQUISITION SPONSOR, LLC (10% Owner)
Reporting Person: PEARL ENERGY INVESTMENTS II, L.P. (10% Owner)

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Class B ordinary shares	$		Class A ordinary shares (5630000)		Direct

Footnotes

F1: As described in the issuer's registration statement on Form S-1 (File No. 333-249067) under the heading "Description of Securities--Founder Shares", the Class B ordinary shares, par value $0.0001 per share, will automatically convert into Class A ordinary shares, par value $0.0001 per share, of the issuer at the time of the issuer's initial business combination, or earlier at the option of the holder, on a one-for-one basis, subject to adjustment for share splits, share capitalizations, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date.

F2: The Class B ordinary shares beneficially owned by the reporting person include up to 750,000 shares that are subject to forfeiture to the extent the underwriters of the initial public offering of the issuer's securities do not exercise in full their over-allotment option as described in the issuer's registration statement.

F3: This Form 3 is being filed by SV Acquisition Sponsor Sub, LLC ("Holdco"). Holdco is controlled by Spring Valley Acquisition Sponsor, LLC (the "Sponsor"), its sole member. The Sponsor is controlled by Pearl Energy Investment II, L.P. ("Pearl"). Accordingly, all of the shares held by Holdco may be deemed to be beneficially held by the Sponsor and Pearl. Each such reporting person under this Form 3 disclaims beneficial ownership of the Class B ordinary shares reported herein except to the extent of their respective pecuniary interest therein and the filing of this Form 3 shall not be construed as an admission that any such reporting person is the beneficial owner of any Class B ordinary share covered by this Form 3.