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SANTA CLARA, Calif. – Oklo Inc., an advanced nuclear technology company, today announced it is riding the wave of investor interest with a new public offering. The company is pricing 6,666,667 shares of its Class A common stock at $60.00 per share, a move that could see the firm net approximately $400 million before expenses and the potential exercise of an underwriter option for an additional 1,000,000 shares.
The capital injection will be earmarked for general corporate purposes, fueling ongoing operations, and potentially future investments, according to the company.
Goldman Sachs & Co. LLC and BofA Securities are spearheading this round as lead book-running managers, with Citigroup and J.P. Morgan also onboard as book-running managers. UBS Investment Bank is a joint bookrunner, while Canaccord Genuity, Cantor, and William Blair are acting as co-managers. The deal is slated to close on June 16, 2025, pending standard closing conditions.
The offering is backed by an effective registration statement filed with the Securities and Exchange Commission on June 12, 2025. Investors can dive into the details via the prospectus supplement, readily available on the SEC’s website, www.sec.gov.
Oklo, poised to become a significant player in the advanced nuclear energy sector, is developing fast fission power plants aimed at providing clean, affordable, and reliable energy. The company is not only working on reactor technology, but also on an essential piece of the puzzle: secure radioisotope production and nuclear fuel recycling, all while collaborating with the Department of Energy and U.S. National Laboratories.
This press release includes forward-looking statements. These forward-looking statements involve risks and uncertainties. Actual results may differ materially from those expressed or implied.
The company has carefully factored in these risks, including the closing of the offering as planned. Factors that play into these outcomes are: regulatory uncertainties, market conditions, financial matters, and the impact of competition.
This list is not exhaustive, and investors should stay informed by reviewing SEC filings. Oklo is committed to keeping investors up-to-date but assumes no obligation to revise its forward-looking statements.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250612433146/en/
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