Two hours later.
Hana stepped in with her tablet clutched against her chest.
"It's done," she said.
Timothy paused what he was doing at the moment and looked at her. "Good. Let's hear it."
Hana sat across from him, activated her tablet, and turned it for Timothy to see.
"NuScale Power Corporation," she began, "founded in 2007 as a spin-off from Oregon State University's research reactor program. The company's key founder is Dr. José Reyes, a nuclear engineer and former professor. He developed the small modular reactor design that became their core technology."
She swiped the display, showing the picture of Dr. Reyes.
"He's still the Chief Technology Officer," Hana continued. "And he's one of the most respected names in the nuclear field. If anyone could make SMRs viable, it's him. But he's not a businessman, he's a scientist. And that's where NuScale's problem lies."
Timothy raised an eyebrow. "Meaning?"
"Meaning the company was led by engineers, not dealmakers. They've been too slow to commercialize. Their lead investor, Fluor Corporation, owns more than fifty percent of the shares, but they've grown tired of funding development without a return. Their project in Idaho ballooned from five to nine billion dollars. The municipal partners backed out, and the stock plummeted."
"How bad?" Timothy asked.
"As of last week," Hana said, "their market cap is six hundred and fifty million dollars. Down nearly eighty percent from when they went public. Investors lost confidence, and Fluor's board is debating whether to cut their losses completely."
Timothy smirked. "So they're weak."
"Precisely," Hana said. "But the tech still works. It's just… unprofitable under their current model."
She brought up a new slide showing a digital map of the United States, with highlighted nodes marking NuScale's facilities. "Their engineering center is in Corvallis, Oregon. They have offices in Rockville, Maryland, and fabrication partnerships in Texas. The key team remains small, fewer than 600 employees worldwide. If we were to acquire them, integration would be relatively straightforward."
Timothy folded his arms, intrigued. "And how do we do that?"
Hana's lips curved slightly. "We don't go through Fluor. We go through Reyes."
She tapped again. Showing Dr. Reyes.
"Reyes holds a smaller percentage of shares, but most are Class B voting stock. They give him special authority on research and technical direction. If we win him over — if he believes TG Energy Systems will protect his life's work — he'll bring the rest of the board to the table. Then we buy out Fluor's majority stake directly."
Timothy's expression sharpened. "You're proposing a full buyout."
"Yes," Hana said confidently. "One hundred percent acquisition. No partnerships, no stock juggling — complete absorption."
Timothy's eyes narrowed with interest. "Explain the method."
"First," she said, swiping to a series of flow charts. "We'll establish an American front, a Delaware-based company, Helios Strategic Holdings. It'll appear to be a private U.S. energy investment firm. Helios will make the initial contact with Dr. Reyes, expressing interest in revitalizing NuScale's projects through foreign capital injection."
"Helios…" Timothy repeated. "Catchy. But why do we need to establish an American front? Explain it to me in simple terms."
"Because, sir," she began, "foreign entities can't directly acquire a U.S.-based nuclear technology company. It's a matter of national security."
Timothy nodded slowly, as if testing her answer. "Go on."
"Under U.S. law," Hana continued, "the Committee on Foreign Investment in the United States, CFIUS, reviews any foreign transaction involving companies that deal with critical infrastructure or sensitive technology. Nuclear tech falls under both categories. If TG Holdings directly tried to buy NuScale, the deal would trigger immediate scrutiny and most likely get blocked."
"So the front company," Timothy said, "acts as our American face."
"Exactly," Hana confirmed.
He raised a brow. "And we don't have any offices or partners in America. So how do you plan to build one from nothing?"
Hana's lips curved slightly. "We make one."
She expanded a document — the name Helios Strategic Holdings LLC appeared on the top line, followed by a blank address and signature block.
"Helios," she said. "A Delaware-registered energy investment firm. It will exist solely to act as our front. But instead of going through legal intermediaries, we'll build it ourselves — remotely."
Timothy crossed his arms. "Remotely?"
"Yes," Hana said. "It's possible now. Most U.S. states, especially Delaware, allow digital business registration. I can file incorporation documents online under a local proxy name, an American citizen who's willing to serve as founder and acting director. We'll recruit one."
"Recruit one?"
Hana nodded.
Timothy's brows furrowed slightly, considering it. "And how do we compensate this person?"
"A simple agreement," Hana replied. "They receive a fixed annual payment, have no operational authority, and everything else runs through us. We'll provide the initial deposit — say, fifty thousand dollars — through a neutral financial channel. The filings will list the founder as sole owner, but the private operating agreement will state that Helios is controlled by TG Energy Systems as the beneficial owner."
Timothy smiled faintly. "So on paper, it's American. In truth, it's ours."
"Exactly," Hana said, proud of her reasoning. "Once Helios exists, we can open a U.S. business bank account, rent a virtual office, and issue letters using a verified American address. That's enough to pass basic scrutiny."
"Clever," Timothy murmured.
"Helios will then contact Dr. Reyes directly," Hana continued. "Not with a buyout offer, but with a proposal. We'll say that Helios wants to invest in NuScale's stalled Idaho project and help 'revitalize American nuclear innovation.' That'll catch his attention. He's emotionally attached to the technology. He'll see us as saviors, not buyers."
Timothy leaned forward, elbows on the table. "And once he bites?"
"Once he responds positively," Hana said, "you step in personally — through a secure video meeting. You'll present yourself as the principal backer of Helios, not the owner. You tell him you believe in his work, and that you're willing to fund the continuation of his research through TG Energy Systems after acquisition."
Timothy smiled. "Appeal to his pride."
"Yes," Hana said. "He's a scientist. He wants his technology to live on, not rot in corporate limbo. If we promise to build, not dismantle, he'll cooperate, maybe even convince the board himself."
Timothy stood, walking toward the window as the skyline shimmered with orange light. "And Fluor?"
"Fluor will sell," Hana said simply. "They're losing money. If Helios offers a buyout at a seventy-percent premium, roughly 1.1 billion USD, they'll agree without hesitation. Once Fluor exits, NuScale's control shifts to Helios. The rest of the shareholders will follow the price momentum."
Timothy turned to face her again, eyes reflecting ambition. "And that's when TG Energy Systems steps in."
"Exactly," Hana said. "We can quietly merge NuScale's operations into TG Energy Systems afterward. We'll retain Dr. Reyes as Chief Scientific Officer, with complete research freedom, and offer retention packages to the engineering teams. They'll be grateful someone's saving their company."
"I'm liking it. Let's proceed with that plan," Timothy said.
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