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Form 8-K · Current Report · Filed 2024-05-08

AltC Acquisition Corp. Stockholders Approve Merger with Oklo Inc.

On May 7, 2024, AltC Acquisition Corp. (AltC) held a special meeting where stockholders overwhelmingly approved the business combination with Oklo Inc., a fast fission clean power technology company. The merger is set to close on May 9, 2024, and will result in AltC delivering $306 million to Oklo, with the combined company to be listed on the NYSE under the ticker 'OKLO'. Additionally, AltC and Oklo issued a joint press release disclosing the results of the meeting and related redemptions.

Filer
Oklo Inc. OKLO · NYSE
Filed
Accession
0001104659-24-058297
CIK
0001849056
Signal
High impactUtilities

Items reported

Item 5.07

Submission of Matters to a Vote of Security Holders

Approved Merger
Item 7.01

Regulation FD Disclosure

Regulation FD Disclosure
Item 8.01

Other Events

Corporate Update
Item 9.01

Financial Statements and Exhibits

No viable tag

Market reaction

Close before filing

$14.34

Next session

+27.1%

Since filing

+170.8%

Latest close

$38.83

What happened, not what will happen — closing prices around the filing date.

Exhibits (1)

About Oklo Inc.

Oklo Inc. is a clean energy technology company dedicated to transforming the global energy landscape by developing compact, advanced fission reactors. Its primary mission is to provide reliable, carbon-free power generation solutions with small, modular nuclear reactors. These reactors are designed to be safe, efficient, and economically viable, aiming to meet energy demands sustainably without the greenhouse gas emissions associated with traditional fossil fuels. Oklo's innovative technology centers on using waste nuclear materials as fuel, thus minimizing nuclear waste and enhancing sustainability. This approach is particularly significant for industries and communities seeking environmentally responsible energy options. The company's focus on modular reactors allows for flexible deployment across various sites, making it a versatile solution for energy needs in both urban and remote areas. In the financial market, Oklo Inc. represents a crucial player in the push towards cleaner energy solutions, contributing to sectors such as energy infrastructure, environmental technology, and sustainable development. By addressing energy challenges with advanced nuclear technology, Oklo supports the global transition to cleaner energy sources, offering a forward-looking option for investors interested in innovative energy solutions.

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