diff --git a/.github/workflows/node.js.yml b/.github/workflows/node.js.yml
index bb4fede3..ff48b59f 100644
--- a/.github/workflows/node.js.yml
+++ b/.github/workflows/node.js.yml
@@ -16,7 +16,7 @@ jobs:
 
     strategy:
       matrix:
-        node-version: [10.x, 12.x, 14.x, 15.x, 16.x]
+        node-version: [14.x, 16.x, 18.x, 20.x, 22.x]
         # See supported Node.js release schedule at https://nodejs.org/en/about/releases/
 
     steps:
diff --git a/.vscode/settings.json b/.vscode/settings.json
new file mode 100644
index 00000000..9e26dfee
--- /dev/null
+++ b/.vscode/settings.json
@@ -0,0 +1 @@
+{}
\ No newline at end of file
diff --git a/lib/import-export-visitor.js b/lib/import-export-visitor.js
index 8e2a2e98..65ae3a66 100644
--- a/lib/import-export-visitor.js
+++ b/lib/import-export-visitor.js
@@ -11,6 +11,13 @@ const codeOfCR = "\r".charCodeAt(0);
 const codeOfDoubleQuote = '"'.charCodeAt(0);
 const codeOfSingleQuote = "'".charCodeAt(0);
 
+class AwaitDetector extends Visitor {
+  foundAwait = false;
+  visitAwaitExpression() {
+    this.foundAwait = true;
+  }
+}
+
 class ImportExportVisitor extends Visitor {
   finalizeHoisting() {
     const infoCount = this.bodyInfos.length;
@@ -388,19 +395,41 @@ class ImportExportVisitor extends Visitor {
 
   visitAwaitExpression(path) {
     if (!this.hasTopLevelAwait) {
-      let parent = path.getParentNode(1);
-      if (
-        parent.type === 'ExpressionStatement' &&
-        path.getParentNode(2).type === 'Program'
-      ) {
-        this.hasTopLevelAwait = true;
+      const parent = path.getParentNode(1);
+      switch (parent.type) {
+        case "ExpressionStatement":
+          if (path.getParentNode(2).type === 'Program') {
+            this.hasTopLevelAwait = true;      
+          }
+          break;
+        default:
+          break;
       }
     }
-
+    
     // There could be children with import expressions
     this.visitChildren(path)
   }
 
+  containsAwaitExpression(path) {
+    const subVisitor = new AwaitDetector();
+    subVisitor.visitChildren(path);
+    return subVisitor.foundAwait;
+  }
+
+  visitVariableDeclaration(path) {
+    if (!this.hasTopLevelAwait) {
+      const parent2 = path.getParentNode(2);
+      if (parent2?.type !== "Program") {
+        // Only top level variable declaration(s) impact our TLA detection
+        return;
+      }
+      if (this.containsAwaitExpression(path)) {
+        this.hasTopLevelAwait = true;
+      }
+  }
+  }
+
   // This is also aliased as visitImport for Babel's AST
   visitImportExpression(path) {
     if (this.dynamicImport) {
diff --git a/node/version.js b/node/version.js
index 255187cd..f3dd3623 100644
--- a/node/version.js
+++ b/node/version.js
@@ -5,6 +5,6 @@ const path = require("path");
 const pkgPath = path.join(__dirname, "../package.json");
 const SemVer = require("semver");
 
-module.exports = new SemVer(
+module.exports = SemVer.parse(
   process.env.REIFY_VERSION || fs.readJSON(pkgPath).version
 );
diff --git a/test/.mocharc.js b/test/.mocharc.js
new file mode 100644
index 00000000..0e0b9a44
--- /dev/null
+++ b/test/.mocharc.js
@@ -0,0 +1,3 @@
+module.exports = {
+    // grep: /test name to match/i
+}
\ No newline at end of file
diff --git a/test/tla/export-awaited-init-deep.js b/test/tla/export-awaited-init-deep.js
new file mode 100644
index 00000000..0673fc86
--- /dev/null
+++ b/test/tla/export-awaited-init-deep.js
@@ -0,0 +1,5 @@
+await 0
+
+const asyncInitializer = async () => 12;
+
+export const value = Math.max(false ? 666 : await asyncInitializer(), 2);
diff --git a/test/tla/export-awaited-init-shallow.js b/test/tla/export-awaited-init-shallow.js
new file mode 100644
index 00000000..f0f7237d
--- /dev/null
+++ b/test/tla/export-awaited-init-shallow.js
@@ -0,0 +1,4 @@
+const asyncInitializer = async () => 8;
+
+export const value = await asyncInitializer();
+
diff --git a/test/top-level-await-tests.js b/test/top-level-await-tests.js
index 2d1aa4d8..09dc8925 100644
--- a/test/top-level-await-tests.js
+++ b/test/top-level-await-tests.js
@@ -80,6 +80,16 @@ import { importSync, importAsync, importAsyncEvaluated } from './tla/nested/pare
     assert(exports.value === 5);
   });
 
+  it('should await shallow variable initializers', async () => {
+    const exports = await require('./tla/export-awaited-init-shallow.js');
+    assert(exports.value === 8);
+  });
+
+  it('should await deep variable initializers', async () => {
+    const exports = await require('./tla/export-awaited-init-deep.js');
+    assert(exports.value === 12);
+  });
+
   it('should run setters after module with async dep finished', async () => {
     const exports = await require('./tla/export-sync-parent.js');
     assert(exports.a === 1);