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Form 8-K · Current Report · Filed 2024-05-13

Oklo Inc. Completes Business Combination with Legacy Oklo

On May 9, 2024, Oklo Inc. completed its business combination with Legacy Oklo, effecting a change in control and corporate structure. The deal resulted in Oklo Inc. issuing 122,096,270 shares of its Class A common stock and the adoption of new governance and incentive plans. Additionally, there were changes in the board and executive team, including the appointment of new directors and officers.

Filer
Oklo Inc. OKLO · NYSE
Filed
Accession
0001104659-24-060634
CIK
0001849056
Signal
High impactUtilities

Items reported

Item 1.01

Entry into a Material Definitive Agreement

No viable tag
Item 2.01

Completion of Acquisition or Disposition of Assets

M&A Transaction
Item 3.03

Material Modification to Rights of Security Holders

Material Modification of Rights of Security Holders
Item 5.01

Changes in Control of Registrant

Changes in Control of Registrant
Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

New CEO Appointed New COO Appointed
Item 5.03

Amendments to Articles of Incorporation or Bylaws

Authorized Share Increase
Item 5.05

Reported Item

No viable tag
Item 5.06

Reported Item

Shell Company Status Change
Item 8.01

Other Events

Corporate Update
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$8.45

Next session

+32.2%

Since filing

+359.5%

Latest close

$38.83

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

Precedent

Previous filings from OKLO reporting the same item, with the next session's move:

Exhibits (9)

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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