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Form 8-K · Current Report · Filed 2025-02-05

Oklo Inc. Receives NYSE Non-Compliance Notice

On February 5, 2025, Oklo Inc. received a notice of non-compliance from the New York Stock Exchange (NYSE) due to the resignation of an independent director, Christopher Wright, who was confirmed as the United States Secretary of Energy. The NYSE Notice cites non-compliance with Section 303A.07(a) of the Listed Company Manual, which mandates that the Audit Committee be composed of at least three independent directors. Despite the non-compliance, Oklo Inc.'s common stock continues to trade under the symbol 'OKLO' on the NYSE. The Company intends to appoint a new independent director for the Audit Committee as soon as practicable.

Filer
Oklo Inc. OKLO · NYSE
Filed
Accession
0001104659-25-009756
CIK
0001849056
Signal
Medium impactUtilities

Items reported

Item 3.01

Notice of Delisting or Failure to Satisfy a Listing Rule

Non-Compliance Notice Transfer of Listing

Market reaction

Close before filing

$46.89

Next session

+1.9%

Since filing

-17.2%

Latest close

$38.83

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

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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